Nvidia Profit Jumps 94% as AI Data Center Demand Drives Record Quarterly Sales
Strong Quarterly Results Exceed Expectations Nvidia posted net income of $43 billion for the fourth quarter, up from $22.1 billion in the same period a year earlier. This represents a 94% year-on-year increase in profit. Quarterly revenue reached $68.1 billion,...
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Gold Prices Rebound as Investors Weigh U.S. Tariffs and Geopolitical Risks
Gold Rebounds After Prior Session’s Decline At 04:25 ET (09:25 GMT) on Wednesday, spot gold was up 0.9% at $5,187.64 an ounce, while U.S. gold futures gained 0.6% to $5,206.10 per ounce. The move followed a 1.6% fall in the...
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U.S. Treasury yields edge higher as markets assess Trump’s State of the Union
At 5:07 a.m. ET on Wednesday, the benchmark 10-year U.S. Treasury yield was up 2 basis points at 4.053%. The 30-year Treasury bond yield rose 1 basis point to 4.703%, while the 2-year Treasury note yield added 1 basis point...
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Oil Prices Advance as US–Iran Tensions Outweigh Bearish Inventory Data
Geopolitical Tensions Support Crude Benchmarks On Wednesday, both major crude benchmarks advanced despite data indicating a large build in US crude oil stockpiles, a factor that would typically weigh on prices. Brent crude futures rose to $70.82 per barrel, while...
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Asian Equities Climb as Japan and South Korea Hit Record Highs on Tech Strength
Regional Equities Advance on Technology Momentum Most Asian stocks traded higher on Wednesday, with Japan and South Korea at the forefront of the rally. Japan’s Nikkei 225 rose nearly 2% to a record high of 58,319.0 points, supported by strength...
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