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Stockreport

How Microsoft and Nvidia bet correctly to leapfrog Apple [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
When this news was mentioned on stage at a tech industry event I attended in Copenhagen, there was spontaneous applause from the audience. As I write, Nvidia is now back in second place, after a fall in its share price took its combined value down to $3tn (£2.4tn) compared with $3.4tn for Microsoft. Two things have propelled these two US tech titans to such a dizzying pinnacle: AI and foresight. Microsoft started investing in OpenAI, the creator of popular AI chatbot ChatGPT, back in 2019. Meanwhile, Nvidia boss Jensen Huang pushed his company towards AI chip development many years before generative AI exploded onto the scene. Both firms took a long-term bet on the current AI boom – and so far, it's paid off, leaving former top-dog Apple trailing in their wake. But how long will it last? This year's London Tech Week, an annual event for the UK tech scene, may as well have been called London AI Week. The letters AI were emblazoned on every stand, and uttered in every speech. [Read more]
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Stockreport

How Microsoft and Nvidia bet correctly to leapfrog Apple [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
When this news was mentioned on stage at a tech industry event I attended in Copenhagen, there was spontaneous applause from the audience. As I write, Nvidia is now back in second place, after a fall in its share price took its combined value down to $3tn (£2.4tn) compared with $3.4tn for Microsoft. Two things have propelled these two US tech titans to such a dizzying pinnacle: AI and foresight. Microsoft started investing in OpenAI, the creator of popular AI chatbot ChatGPT, back in 2019. Meanwhile, Nvidia boss Jensen Huang pushed his company towards AI chip development many years before generative AI exploded onto the scene. Both firms took a long-term bet on the current AI boom – and so far, it's paid off, leaving former top-dog Apple trailing in their wake. But how long will it last? This year's London Tech Week, an annual event for the UK tech scene, may as well have been called London AI Week. The letters AI were emblazoned on every stand, and uttered in every speech. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS