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...Chief executive Jensen Huang declared a “tipping point” in AI technology and the shares added 17 per cent, giving the company around a $2tn market capitalisation....
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...Here’s what else I’m keeping tabs on today: Conferences: Nvidia chief Jensen Huang gives the keynote speech at the chipmaker’s annual developer conference in Silicon Valley....
...“Accelerated computing and generative AI have hit the tipping point,” said Nvidia’s founder and chief executive Jensen Huang. “Demand is surging worldwide across companies, industries and nations.”...
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Inflation-squeezed households curb spending on Nespresso pods and KitKat chocolate bars
...So far this year, the combined group — Apple, Microsoft, Google parent Alphabet, Amazon, Tesla, Nvidia and Facebook parent Meta — are responsible for three-quarters of the S&P 500’s gains....
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Swiss group to spin out meal kit business and announces review of peanut allergy treatment
...Unhedged: Do you think the S&P 500 is fairly valued right now? Damodaran: There are four elements to value. The first is how much earnings these companies generate....
...Oliver, who was guest editor of BBC Radio 4’s Today programme on Tuesday, said he was “prioritising the gap between the free school lunch kids and the working poor . . ....
...In 2023’s Bad Taste, Nathalie Olah says this was an era “defined by an incredibly dour and unremarkable character, centred around a fashion masquerading as anything but”....
...The two major US stock indices — the benchmark S&P 500 and the tech-heavy Nasdaq Composite — have pulled out of bear-market territory this year to rise 16.5 and 33 per cent respectively....
...The S&P 500 is up 9 per cent this year, extending a recovery that began in October....
...Nvidia chief executive Jensen Huang detected last week “the tipping point of a new computing era”. He could be right....
Shoppers cut spending or turn to own-brand goods as inflation surges into double digits
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...While the timing of the H100’s launch was ideal, Nvidia’s breakthrough in AI can be traced back almost two decades to an innovation in software rather than silicon....
World’s largest food group increases sales forecasts for the year
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