NVDA, WMT, EXAS, REGN & more

NVDA, WMT, EXAS, REGN & more

Check out the companies making headlines in midday trading: Nvidia — The chipmaker fell nearly 2%, reversing earlier gains after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. As Nvida’s stock faltered a number of other AI trades fell as well including Palantir…

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China’s strategy in AI race with US — big chip clusters, cheap energy

China’s strategy in AI race with US — big chip clusters, cheap energy

China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images It’s well known that Chinese semiconductors designed for artificial intelligence cannot compete with the American firm Nvidia. Yet, China has managed to continue developing highly advanced AI models, with many being run on homegrown chips. China’s secret?…

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Stocks making the biggest moves premarket: PLTR, MRK, PFE

Stocks making the biggest moves premarket: PLTR, MRK, PFE

Check out the companies making headlines before the bell: Palantir — The stock jumped 11% following the AI-powered software provider’s fourth-quarter earnings beat . Palantir reported adjusted earnings of 25 cents per share, versus the 23 cents expected from analysts polled by LSEG. Revenue was $1.41 billion, topping the $1.33 billion consensus estimate. Merck —…

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