Nvidia is surging after its income more than doubled year-over-year
Nvidia’s ballooning GPU business and big bets on divisions like autonomous driving continue to look better and better, with the company’s shares jumping more than 10% after it reported its first-quarter earnings. In the first quarter this year, the company said it brought in $507 million in net income — up from $208 million in the first quarter a year ago. That doubled… Read More Continue reading Nvidia is surging after its income more than doubled year-over-year
Microsoft just reported earnings for the last quarter. The company reported non-GAAP revenue of $23.6 billion and non-GAAP earnings per share of $0.73. Wall Street’s cadre of crack analysts expected the company’s earnings per share to come in at around $0.70, with revenue hitting about $23.6 billion. In the year-ago quarter, Microsoft reported earnings per share of $0.62. Wall… 
Cloud content management company Box posted fourth-quarter earnings after the bell on Wednesday with shares quickly plummeting in initial after-hours trading. They mostly recovered, trading down just 1 percent by late afternoon. Box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. Revenue for the quarter was also a beat at… 
When Amazon announced its earnings for its Amazon Web Services cloud division on Thursday, the results were hardly surprising. While AWS might not have the eye-popping growth percentages of its rivals, it still grew at a decent 47 percent with earnings of $3.53 billion on an astonishing $14.2 billion run rate. You may point to the rivals and say, well, they had better quarters from a… 
Mixed faces in Seattle today as Amazon delivered its Q4 2016 earnings. The e-commerce company reported lower than expected revenue of $43.74 with better than expected earnings per share of $1.54. Expectations had been high in the run up to the release. Wall Street consensus was that Amazon would deliver revenue of $44.68 billion with $1.35 earnings per share. In the immediate moments… 