Financials articles

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Nvidia soaring market cap nears Amazon and Alphabet, fueled by surging AI demand

Nvidia is now worth $1.7 trillion -- make that $1.82 trillion...
Jackpot baby! Artificial intelligence has proven incredibly fruitful for Nvidia and its shareholders over the past year, and could even help the chipmaker surpass Amazon in terms of total market capitalization. Closing at over $720 today, that's an increase of more than 20% year over year and nearly 50% since the beginning of 2024.
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Nintendo shines in Q2 earnings thanks to strong Switch and game sales

It also announced a new Switch OLED bundle
What just happened? Nintendo has announced what was a very good fiscal second quarter for the Japanese gaming giant. In addition to beating sales and profit expectations, the Switch moved slightly closer to becoming the company's best-selling console of all time. It also announced a new Switch OLED bundle, but there was no comment on plans for a Switch successor.