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Nvidia earnings spark rare share price fall across US tech stocks | Business News
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US tech stocks are falling despite Nvidia, the chipmaker driving the artificial intelligence (AI) led stock market boom, reporting stronger than expected earnings. The company, which has been the darling of US markets with shares up 150% this year alone, reported second quarter revenue of just over $30bn – more than double the sum achieved…
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Nvidia share price plunge has one major explanation | Business News
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Just one week ago, Nvidia became the world’s most valuable company. The chipmaker – whose shares had risen nine-fold since the end of 2022 – overtook Microsoft as its stock market valuation reached $3.34trn (£2.63bn). Since then, the shares have fallen by 13%, declining in each of the last three trading sessions. That has been…
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Meta share price surges as Facebook’s parent company announces dividend for first time | Business News
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Shares in Facebook’s parent company Meta have soared after it was announced that dividends will be paid to investors for the first time. Stock in the tech giant surged by more than 15% – adding more than £110bn to its valuation. To put this into context, that rise alone is five times higher than the…
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Google Pixel Fold announced with eye-watering price tag – as new budget phone and tablet also unveiled | Science & Tech News
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Google has announced its first folding smartphone, with a market-leading starting price of £1,749. That puts the Pixel Fold well ahead of the Samsung Galaxy Z Fold4, the world’s most expensive foldable handset, which comes in at £1,649. Like its competitor, Google‘s effort has a familiar smartphone form factor when closed but opens up into…
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Dyson’s Zone headphones with personal air purifier get a hefty price tag | Science & Tech News
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A pair of high-end headphones equipped with a personal air purifier that may leave you looking like a Batman villain have been priced at a whopping £749. Dyson’s first attempt at an audio device was announced earlier this year, boasting noise cancellation technology synonymous with soon-to-be market rivals from the likes of Sony, Apple, and…
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PlayStation VR2 release date and price announced – and it’s even more expensive than a PS5 | Science & Tech News
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Sony has announced the price for its upcoming PlayStation VR2 headset – and it’s even more expensive than the console you need to use it. The new virtual reality device will cost £529.99 when it launches on 22 February 2023, compared to £479.99 and £389.99 for the current models of the PlayStation 5. Much like…
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Trading in Twitter shares halted as Elon Musk ‘plans to buy social media company for original offer price’ | Business News
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Trading in Twitter shares was halted as the stock spiked following reports that Elon Musk is planning to buy the company for his original offer price. The world’s richest man is proposing to go ahead with purchasing the social media giant for $54.20 per share, a total purchase value of $44bn following months of legal…