Category: Impress
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Nvidia fails to impress growth-hungry investors, shares fall By Reuters
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Written by Archia Bajwa (Reuters) – Nvidia Corp’s quarterly outlook on Wednesday failed to meet the lofty expectations of investors who have driven a stunning rally in its shares as they bet billions of dollars on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours…
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Nvidia fails to impress growth-hungry investors, shares fall By Reuters
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Written by Archia Bajwa (Reuters) – Nvidia Corp’s quarterly outlook on Wednesday failed to meet the lofty expectations of investors who have driven a stunning rally in its shares as they bet billions of dollars on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours…
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Calavo Growers soars after avocado margins impress in FQ2
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Yaghi Studio/Digital Vision via Getty Images calavu farmers (Nasdaq: CVGW) in early trading Tuesday after it beat estimates for fiscal second-quarter earnings due to improved prices and margins in its core avocado business. It was also noted that the tomato portfolio has improved sequentially and compared to last year. the…
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U.S. CPI Failed to Impress, Annual Inflation Dipped to 3.4% in April
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The headline US CPI came in weaker than expected with a 0.3% month-on-month increase in April versus an estimated 0.4% increase. This brought the annual CPI reading down from 3.5% to 3.4% as expected. Meanwhile, core inflation only reached the mark, showing a 0.3% monthly increase in core price pressures.…