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.
Nvidia reported a significant increase in fourth-quarter earnings, driven by strong demand for its AI chips, with revenue reaching $39.33 billion, a 78% year-over-year growth. The company also provided optimistic guidance for the first quarter of 2025, projecting revenue of approximately $43 billion.
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.
Nvidia reports a significant increase in fourth-quarter earnings, driven by high demand for its AI chips, with a notable 78% year-over-year revenue growth. The company's data center business, focusing on AI GPUs, now represents 91% of total sales. Despite strong performance, concerns about slowing growth and competition from tech giants persist.
Reddit's shares fell more than 15% after reporting weaker-than-expected user growth in its fourth-quarter earnings, despite strong financial results and optimistic future revenue guidance.
Reddit Inc. experienced a significant drop in its stock price after reporting weaker-than-expected user growth for the fourth quarter, despite strong financial results and optimistic future guidance.
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.