Sophia Edwards

Gold Sustained Amid Inflation’s Tight Grip

On Thursday, gold barely held its spot price above $1900.00 amid an inflation rates surge for two consecutive months. Gold futures for December delivery dipped by -0.09% to $1930.85 an ounce in September 14’s Asian afternoon session. Meanwhile, gold spot price rose by 0.08% to $1909.74 per ounce. Further, the decline of gold results from …

Gold Sustained Amid Inflation’s Tight Grip Read More »

Nvidia AI Power Curbs Funding for Startups

According to investors, the dominance that the chip company Nvidia has over artificial intelligence (AI) impeded funding for startups. Moreover, the quarter’s number of deals in the US went down by 80.00% from last year. Regarding generative AI, the California-based firm became solid in that area, making it difficult for others to build competing chips. …

Nvidia AI Power Curbs Funding for Startups Read More »

TSMC

Snowflake Beats Expectations but Gives Dim Revenue Guidance

Snowflake beats the consensus estimate but releases weak revenue guidance for the fourth quarter on its earnings call on November 30. On Wednesday’s closing bell, its shares rose by 4.64% to $142.90 apiece. However, it is forecasted to decline by 5.39% to $135.20 per share on Thursday. The Bozeman-based company’s earnings per share rose to …

Snowflake Beats Expectations but Gives Dim Revenue Guidance Read More »