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Latest financial news from across the markets
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Stocks are facing turbulence as Nvidia's recent leadership changes, including the resignation of CEO Jensen Huang, have raised concerns among investors, leading to a notable drop in its stock price. In contrast, Cisco reported strong earnings, projecting a significant increase in AI infrastructure revenue this fiscal year, which has positively impacted its shares. Meanwhile, a widespread outage of Microsoft services disrupted operations for many users, adding to the day's market volatility. Overall, investors are on edge, particularly with potential Federal Reserve interest rate hikes looming on the horizon.
Latest Market Updates
| Title | Published |
|---|---|
As Nvidia reels from Huang's affairs, who stands to gain? As Nvidia reels from Huang's affairs, who stands to gain? | less than a minute ago |
Nscale updates IPO prospectus that shows widening loss Nscale updates IPO prospectus that shows widening loss | less than a minute ago |
Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year | less than a minute ago |
Stocks could be in for a rude awakening if the Fed hikes rates more than expected Stocks could be in for a rude awakening if the Fed hikes rates more than expected | less than a minute ago |
Widespread Microsoft outage takes down Outlook and other 365 services Widespread Microsoft outage takes down Outlook and other 365 services | less than a minute ago |
Alice Huang tied to Nvidiaâs biggest Chinese competitor Alice Huang tied to Nvidiaâs biggest Chinese competitor | less than a minute ago |
Who will replace Jensen Huang? Our early thoughts on the search for Nvidia's next CEO Who will replace Jensen Huang? Our early thoughts on the search for Nvidia's next CEO | less than a minute ago |
As Nvidia reels from Huang's affairs, who stands to gain?
As Nvidia reels from Huang's affairs, who stands to gain?
Nscale updates IPO prospectus that shows widening loss
Nscale updates IPO prospectus that shows widening loss
Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year
Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year
Stocks could be in for a rude awakening if the Fed hikes rates more than expected
Stocks could be in for a rude awakening if the Fed hikes rates more than expected
Widespread Microsoft outage takes down Outlook and other 365 services
Widespread Microsoft outage takes down Outlook and other 365 services
Alice Huang tied to Nvidiaâs biggest Chinese competitor
Alice Huang tied to Nvidiaâs biggest Chinese competitor
Who will replace Jensen Huang? Our early thoughts on the search for Nvidia's next CEO
Who will replace Jensen Huang? Our early thoughts on the search for Nvidia's next CEO