To The Moon

The chip maker recorded its largest-ever weekly increase in market capitalizationNvidia, led by CEO Jensen Huang, booked a record weekly gain in market value on Friday.Nvidia's stock rose on Friday to

The iPhone maker projects gross margins well ahead of Wall Street's estimates, reassuring investors that it's successfully managing the surge in memory prices. Apple executives cited a "favorable mix" of high-end hardware and Services growth as a buffer against rising memory costs. Apple CEO Tim Cook is known for being a supply-chain maven. And he faces a tough test as the company navigates a supply environment that's been disrupted by the artificial-intelligence boom.Apple's ability to command strong and expanding margins despite these disruptions partly reflects "favorable mix," CFO Kevan Parekh added. Basically, the company is selling more of its higher-margin, presumably higher-priced products and seeing double-digit growth within its Services business, which includes things like the App Store that are generally more profitable than hardware. Apple's Services segment achieved a record-breaking $30 billion of revenue in the December quarter, growing 14% year over year.It's unclear h

Wall Street is on edge again, but the culprit this time isn’t just inflation. Instead, equities investors large and small are gripped by fear of slowing economic growth in the US.The S&P 500 Index has

Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn't mention Rubin, the company's next chip familyNvidia Corp. shares made a run higher in the days leading up to Chief Executi