Markets
AI boom sends Nvidia shares higher
Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.
Home Depot earning takes hit as demand softens
Home Depot shares slid 6 percent Tuesday after the home improvement giant posted third-quarter results that fell short of expectations, weighed down by weak seasonal demand and a still-shaky U.S. housing market.
T-Bill yields mixed as markets weigh risks
Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.
OceanaGold Philippines now trades in US OTCQX
OceanaGold (Philippines) Inc. has qualified to trade on the OTCQX® Best Market in the United States, starting today under the symbol “OGPIF.” U.S. investors can access real-time quotes and financial disclosures at www.otcmarkets.com.
Disney shares slide on weak revenue, linear TV
Shares of The Walt Disney Co. fell 7.8 percent Thursday as investors focused on weaker-than-expected revenue and ongoing struggles in its linear TV business, overlooking strong profit and subscriber growth.
