Nvidia reports a record-breaking fourth-quarter performance with a 78% year-over-year revenue increase, driven by high demand for AI products. The company forecasts continued growth, especially with its next-generation Blackwell AI chips.
President Donald Trump faces widespread criticism for sharing an AI-generated video on Truth Social, depicting a transformed Gaza Strip into a luxury resort named 'TRUMP GAZA', sparking outrage among Arabs, Muslims, and others globally.
Nvidia reports unprecedented fiscal fourth-quarter earnings, driven by surging demand for its AI technology, with significant contributions from its data center segment and the successful launch of the Blackwell GPU system.
Palantir Technologies Inc. (PLTR) experienced a significant stock decline following reports of potential defense budget cuts under the Trump administration, raising concerns about the impact on the company which derives more than half of its revenue from government contracts.
Amazon reported better-than-expected Q4 2024 earnings and revenue, but its stock fell due to disappointing guidance for Q1 2025. Despite strong performance in AWS and AI investments, foreign exchange headwinds and slower growth projections have raised concerns.
Amazon announced a 10% increase in Q4 2024 revenue to $187.8 billion, driven by holiday sales and cloud computing growth. Despite a strong performance, concerns arise from a disappointing Q1 2025 revenue forecast and significant investments in AI and cloud infrastructure.
Alphabet Inc., Google's parent company, experienced a significant drop in its shares following a revenue miss in its Q4 earnings report and the announcement of a $75 billion capital expenditure plan for 2025 aimed at expanding its AI strategy.
Alphabet Inc., Google's parent company, experienced a 9% drop in shares after its Q4 2024 earnings report revealed a revenue miss and significant AI investment plans.
Global tech stocks, including Nvidia, Microsoft, and Alphabet, faced a significant selloff due to the emergence of DeepSeek, a cost-efficient Chinese AI model, raising concerns over U.S. AI dominance and future demand for high-cost AI infrastructure.
Nvidia faced its worst single-day stock performance, losing nearly $600 billion in market value due to competition from Chinese AI company DeepSeek, raising concerns over Nvidia's dominance in the AI chip market.