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Transcripts For BBCNEWS Business 20240702

Price on a tear. The stock . Well, its up 97 this year alone. We dug into nvidia is resold with marc einstein, chief analyst and Digital Services at itr corp. He said if the momentum is sustainable. I cant really remember the last time we were talking about triple digit growth in the tech industry. So this is very exciting but, as youve said, this is being driven by the Big Data Centre players, and they do have a buying cycle and so i think we need to be a little bit cautious when we think about, you know, how long we can expect this kind of Phenomenal Growth to continue. Well, nvidia also announced that they will be having a 10 for 1 stock split. What does that mean for investors . I mean what it really means is this is becoming one of the largest held retail stocks. And so, you know, were going from institutional ....

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Transcripts For BBCNEWS Business 20240702

Gaming consoles, has been transformed by demand from data centres, which are at the heart of the generative ai boom and have sent its share price on a tear. The stock . Well, its up 97 this year alone. We had more insight into nvidias results with marc einstein, chief analyst, telecommunications Digital Services at itr corp. I asked him if he thinks the chip giants current momentum is sustainable. I cant really remember the last time we were talking about triple digit growth in the tech industry. So this is very exciting but, as youve said, this is being driven by the Big Data Centre players, and they do have a buying cycle and so i think we need to be a little bit cautious when we think about, you know, how long we can expect this kind of Phenomenal Growth to continue. Well, nvidia also announced that they will be ....

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Fed Keeps Rates Unchanged, Forecast Series Of Hikes In 2024

Officials decided unanimously to leave the target range for the benchmark federal funds rate at 5.25% to 5.5%, suggesting its aggressive series of hikes has come to an end. ....

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Oil Rig Count Sees Small Loss As WTI Recovers To $70

The total number of active drilling rigs in the United States rose by 1 this week after rising by 3 last week ....

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