Nordstrom q2 2018 earnings beat expectations

Nordstrom q2 2018 earnings beat expectations

Nordstrom on Thursday reported earnings and sales for the second quarter that topped analysts’ expectations and also raised its outlook for the full year, citing momentum in its online business and robust traffic at Nordstrom Rack. Its shares soared more than 13 percent in after-hours trading on the news. Nordstrom’s earnings followed mixed results from […]

Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018. 

Google CEO Sundar Pichai on Project Dragonfly censored search in China

David Paul Morris | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018.  At an internal meeting on Thursday, Google CEO Sundar Pichai expressed interest in continuing to expand the company’s services in China, but […]

Nvidia CEO Jensen Huang speaks during a press conference.

Nvidia CEO is ‘more than happy to help’ if Tesla AI chip plan fails

Nvidia CEO Jensen Huang said his company has chips that are ready for autonomous driving, responding to a potential threat posed by Tesla‘s eventual entrance into the market. During a conference call on Thursday following Nvidia’s fiscal second-quarter earnings report, Huang was asked by an analyst to discuss Tesla’s desire to stop relying on Nvidia’s […]

Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017.

Nvidia earnings Q2 2019

The company expects that in the fiscal third quarter its gross margin will come in at 62.8 percent, give or take 50 basis points, excluding certain items, which is in line with the FactSet analyst consensus. While Nvidia has become trendy given the use of its graphics cards for artificial intelligence computing, its chips are […]