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NVIDIA Corp (NASDAQ: NVDA) is an American technology company based in California. It is a leader in the design of graphics processing units (GPUs) for gaming markets and system on a chip (SoC) for the mobile, computing and automotive markets. Nvidia was founded in 1993 and invented the graphics processing unit in 1999.
The All Ordinaries (INDEXASX:XAO) finished the week on a positive note, gaining 0.1%, once again on the back of a rally in the energy and utilities sectors, which gained 1.3% and 1.6%.
This week, Drew and Owen discuss results from Commonwealth Bank of Australia (ASX: CBA), NVIDIA Corp (NASDAQ: NVDA), Telstra Group Ltd (ASX: TLS), the Origin Energy Ltd (ASX: ORG) debacle and much more.
Both Australia’s largest benchmarks weakened on Wednesday, despite news that the Israel-Gaza conflict had entered a period of ceasefire.
The local market managed a positive start to the week with both the S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) gaining 0.1% on the back of strength in the energy sector.
The Nasdaq-100 (INDEXNASDAQ: NDX) has grown to be one of the most widely recognised indices in the world.
Revenue for the second quarter came in at US$13.5 billion, nearly US$2 billion above the analyst consensus estimate (which un-coincidentally was almost exactly in-line with the guidance of US$11 billion provided last quarter) and a staggering 101.5% above the prior year’s results.
The local share market weakened again on Wednesday, with the All Ordinaries (INDEXASX: XAO) down 0.7% and the S&P/ASX 200 (ASX: XJO) falling 0.8% as seven sectors fell by more than 1%.
Are you on the hunt for the best stocks to invest in for Artificial Intelligence? Like NVIDIA Inc (NASDAQ: NVDA)? Or Tesla (NASDAQ: TLSA)? Or looking for some technology ETFs for AI exposure?
Were NVIDIA INC’s (NASDAQ: NVDA) results really that good? The Australian Investors Podcast hosts Owen Rask, Chief Investment Officer and founder of Rask, and Drew Meredith, financial planner, are back answering your questions.
