Increased analysts' estimates since Nvidia's strong quarterly report last week have left the world's most valuable chipmaker trading at its lowest forward earnings multiple in eight months. Nvidia's stock added nearly 2% to $468 on Monday, leaving it down almost 1% since last Wednesday, when the Santa Clara, California company far exceeded expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. At that price, Nvidia shares are trading at the equivalent of around 33 times expected earnings over the next 12 months, according to Refinitiv data.
Diesel fuel prices are rising. That could pose a problem for retailers going into the the fall months.FREDERICTON — The attempt by the New Brunswick government to protect private property owners from a major land claim by a First Nation is "irresponsible," say the chiefs who are advancing the claim for title to a large part of the province.
Reports that X's downloads decreased after Elon Musk's rebranding of the microblogging social network only tell part of the story. Twitter's renaming also saw its weekly active users drop 4% over the following weeks after the rebrand , while the X app fell four spots in the Overall category rankings to No. 36, according to a new analysis from app intelligence firm Sensor Tower.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Nvidia’s forward PE ratio tumbles to lowest in eight monthsChipmaker sees heightened analyst expectations after strong quarterly report
Lire la suite »
Nvidia's forward PE ratio tumbles to lowest in eight monthsBy Noel Randewich (Reuters) - Increased analysts' estimates since Nvidia's strong quarterly report last week have left the world's most valuable ...
Lire la suite »
Tech-Reliant Won Counts on Boost From Nvidia’s Sales ForecastAI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
Lire la suite »
Federal NDP Leader Jagmeet Singh to visit Nanaimo on MondaySingh will release the NDP’s plan to lower grocery costs.
Lire la suite »
U.S. Open starts Monday with Swiatek, Gauff, Djokovic in actionNEW YORK (AP) — The season's last Grand Slam tournament, the U.S. Open , gets started on Monday with some of the biggest names in tennis — about a year after two even bigger names walked away from the sport.
Lire la suite »
U.S. Open starts Monday with Swiatek, Gauff, Djokovic in actionNEW YORK (AP) — The season's last Grand Slam tournament, the U.S. Open , gets started on Monday with some of the biggest names in tennis — about a year after two even bigger names walked away from the sport.
Lire la suite »