Nvidia is one of the world’s biggest companies, with a market capitalisation of $3.11 trillion. The Nvidia stock returned a phenomenal 282,884% in total returns since its 1999 IPO or 36.8% in average annual returns over the last 25 years. The chipmaker’s massive leap into powering AI engines and growing demand for graphics processing units … Read more
Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 17% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates and lifted full-year guidance. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.48 adjusted, vs. … Read more
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares surged 15% on Friday, the biggest gain since March 2020, after the software maker reported earnings and revenue that beat analysts’ estimates. After the bell on … Read more
Igor Golovniov | Lightrocket | Getty Images Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts’ estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July 15. The stock rose about 10% in extended trading. Here is how the company did versus LSEG … Read more
Academy Sports + Outdoors shares dipped in pre-market trading on Tuesday after the company missed sales and earnings expectations in the first quarter. For the first quarter, net sales at the Katy, Texas-based retailer fell 1.4 percent to $1.36 billion, down from $1.38 billion in 2023. Net income for the quarter was $76.5 million, down … Read more
Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite … Read more
Berkshire Hathaway Chair Warren Buffett is a legendary value investor, buying great companies with long-term potential at reasonable prices for massive gains over time. He maintains a diversified portfolio worth $331.68 billion, according to Berkshire Hathaway’s 13F filing for the quarter ended March 31. While Buffett’s investments range across industries, these three stocks can make … Read more
George Soros is among the most successful investors in the world, popularly known as the man who broke the Bank of England. In 1992, he made a single-day profit of $1 billion from short-selling the British Pound. His philanthropic efforts saw him donate over $32 billion to charitable causes via the Open Society Foundations. Soros … Read more
Billionaire investor Daniel Loeb runs the New York-based hedge fund Third Point, which he founded in 1995 with an initial capital of $3.4 million. Loeb’s activist bets and value-oriented investing strategies helped shape the hedge fund with $7.84 billion in assets under management across 40 securities at the end of Q1 2024. Third Point returned … Read more
Marc Benioff, cofounder and CEO of Salesforce, attends a session at the Congress centre during the World Economic Forum in Davos, Switzerland, on January 17, 2023. Fabrice Coffrini | Afp | Getty Images Shares of Salesforce closed down 20% Thursday, marking the stock’s worst day in nearly 20 years. Its worst trading day on record … Read more
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