Nvidia is growing at the expense of other Big Tech companies, Jim Chanos and Larry McDonald said. Nvidia is raking in profits while its customers are racking up bills, they said. Microsoft and Meta are among the largest buyers of Nvidia's microchips. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...

AT&T cell service went out for tens of thousands of Americans on Thursday.The reason for the outage isn't clear — and now the FBI, the FCC, and Homeland Security are looking into it. But US officials were told there's no reason to suspect a cybersecurity incident yet.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe drama playing out within the upper ranks of Goldman Sachs is continuing to unfold, and CEO David Solomon's troubles with senior partners don't appear to be over yet.The latest consternation ap ...

US futures jumped ahead of the bell as investors cheered Nvidia's better-than-expected revenues.  European markets and Japan's Nikkei 225 are also riding high on tech optimism.  Brent crude continued to trade higher amid supply concerns.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicki ...

Nvidia is experiencing high demand for its AI chips.CEO Jensen Huang assured analysts that the company is distributing chips "fairly."Nvidia's fourth-quarter revenue surpassed Wall Street expectations, reaching $22.1 billion. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, y ...

Nvidia's data center revenue boomed across all regions but China due to trade restrictions.The chip giant is now shipping alternatives to the country that don't require a license. Nvidia recorded a quarterly revenue of $22.1 billion, beating estimates. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...

Nvidia's revenue beat estimates, indicating its AI-fueled boom has more room to run."Accelerated computing and generative AI have hit the tipping point," said CEO Jensen Huang.It also gave a rosy forecast but "can't rest on its laurels," Insider Intelligence said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Emai ...

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Jeff Bezos has finished selling off 50 million shares in Amazon days after he announced plans to do so.Earlier this month, it was disclosed th ...

This post originally appeared in the Insider Today newsletter.You can sign up for Business Insider's daily newsletter here. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Advertisement AI’s ...

Wall Street's excitement about Nvidia has reached a fever pitch as its valuation soars.Billionaire investors like Ray Dalio and Paul Tudor Jones snapped up shares in the last quarter of 2023.Others, including Carolina Panthers owner David Tepper, are more bearish on the stock. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on th ...