Tech shares climb after strong Nvidia results despite warning over rise of Chinese rivals

Stoxx Europe tech index up by 0.8% and Nasdaq rose 2% after quarterly revenues at Nvidia jumped 69% to $44bnTechnology shares climbed on Thursday, buoyed up by strong results from Nvidia, despite the AI chip company’s boss warning over the rise of Chinese rivals.The Stoxx Europe tech index rose by 0.8% on Thursday as a result of Nvidia’s financial report, with the Dutch semiconductor equipment maker ASML rallying by 2.4%. In the US, futures for the tech-focused Nasdaq climbed 2%, while shares in Nvidia itself jumped 6% in pre-market trading. Continue reading...

Comments

Business News

insider

Southeast Asia's tech startups are chasing the American dream

about 1 hour ago

insider

I've run a financial independence podcast for 9 years. Here are 4 mistakes I see early retirees make all the time.

about 1 hour ago

$Priced out of Austin, he bought a one-way ticket out of the US. Now, he lives on a Thai island for a fraction of the cost.$

insider

Priced out of Austin, he bought a one-way ticket out of the US. Now, he lives on a Thai island for a fraction of the cost.

about 1 hour ago

The Weeknd And Jenna Ortega’s ‘Hurry Up Tomorrow’ New On Streaming This Week

Forbes

Comments

Similar News

In Hong Kong, my daughter was dazzled by futuristic tech – and I glimpsed the world she’ll grow up in | Kojo Koram

The Pentagon launched a military-grade Y Combinator, signaling that defense tech is officially cool on college campuses

How AI startups are using hackathons to compete with Big Tech for talent

LinkedIn cuts 281 workers in California as tech layoffs continue

Glasgow tech chief executive in sudden departure

Gotham’s AI, robotics emerges as challenger to Silicon Valley’s dominance after biggest NY Tech Week ever

Tech:NYC founder says city is in a ‘golden era’ of innovation — and Covid is partly to thank

UK electricity meter warning as fears 300,000 will stop working after tech axe

Top Tech: Amazon Fire sale sees TV Sticks and tablets fall up to £70 for limited time

Middle managers, beware: The Great Flattening layoff trend has moved beyond Big Tech and into retailers like Walmart

See the 12-slide pitch deck AI marketing-tech startup Octave used to raise a $5.5 million seed round from Bonfire and a LinkedIn alumni fund

Mark Zuckerberg and Palmer Luckey end their beef and partner to build extended reality tech for the US military

The CEO of a top AI startup gave a stark warning about the tech's impact on the labor market

What founders need to know about tech’s growing influence in D.C.

AI may already be shrinking entry-level jobs in tech, new research suggests

What did tech CEOs get for pivoting toward Trump?

Netflix CPO Eunice Kim is coming to TechCrunch Disrupt 2025 to talk tech, tools, and yes, its password-sharing strategy

Top Tech: Our favourite tablet deals including a £10.50 Apple iPad and free Samsung Galaxy

I got laid off from my first tech job nearly a decade ago. It shifted my whole perception of work &mdash; I'm more careful and feel less secure.

Labour is clueless about the tech investment needed to fuel growth, says ALEX BRUMMER

Business News

Southeast Asia's tech startups are chasing the American dream

I've run a financial independence podcast for 9 years. Here are 4 mistakes I see early retirees make all the time.

Priced out of Austin, he bought a one-way ticket out of the US. Now, he lives on a Thai island for a fraction of the cost.

The Weeknd And Jenna Ortega’s ‘Hurry Up Tomorrow’ New On Streaming This Week

OPEC+ Ups The Ante Via Another 411,000 Barrels Per Day Oil Output Hike

Millennial investors bought cheap stocks in Trump tariffs market turmoil

Egg prices have plummeted since Trump took office — after hitting all-time high in March

Investors say they took advantage of market instability caused by Trump’s tariffs

Pubs and restaurants are ‘under threat’ after Labour’s tax hikes — with a third now running at a loss

Supermarket giant has slashed the price of its massive 23-piece full English breakfast for Father’s Day

‘Looming crisis’ as 100,000 energy meters STILL being used ahead of RTS switch off in days

Millions of landline customers urged to contact their provider NOW ahead of digital switchover

Fire risk warning to households after UK basks in sunny spring

Why isn't 8% of my salary going into my pension like it's meant to? STEVE WEBB replies

Gen Z say they're 'judged' over how they spend their money - and family are the harshest critics

Relaxed mortgage rules will boost first-time buyers but send house prices up, says report

Millennial investors bought cheap stocks in Trump tariffs market turmoil

Calls to legally require supermarkets to reveal ‘shrinkflation’ to customers

Fire risk warning to households after UK basks in sunny spring

Today’s ‘Wordle’ #1444 Hints, Clues And Answer For Saturday, June 2nd

Carlos Alcaraz Fights Himself Before Beating Shelton At French Open

Air India in talks with Airbus, Boeing for blockbuster new narrow-body jet order: sources

Crippling cyber attack forces Co-op into flogging Christmas pastries in MAY

Five affordable ways to take the plunge and get into swimming

UFC 316 Fight Card: Prelims Odds, Picks And Predictions

When Is New Horror Thriller ‘Bring Her Back’ Coming To Streaming?

Many Trump Spending And Deregulatory Executive Orders Bypass DOGE

Green Energy’s Role In A World Where AI Data Centers Are Power Hungry

Popular chain with more than 1,600 stores to ‘close high street branch’ in blow to shoppers

RUTH SUNDERLAND: Financial crisis of 2008 still haunts us

Fever-Tree bets on U.S. to get growth fizzing again

Cadbury owner's 'disrespect' to MPs over Russia demand

Chancellor's Budget hangover leaves pubs in red

My husband and I took our kids and parents on a bucket list trip. It was so worth it.

Here’s Why ‘MobLand’ Season 2 Is Practically Guaranteed

Justice Department’s New White Collar Crime Priorities

Nicolas Cage Thriller ‘The Surfer’ Arrives On Streaming This Week

Emirates airline boss sees positive progress at troubled Boeing

High-end supermarket dubbed ‘Waitrose of the North’ with 27 stores set to close city centre branch after 16 years

Hundreds line up for Surrey condo flash sale, units discounted by 25 per cent

No more long lines? AI and other new technologies are transforming amusement parks this summer.

Devin Harjes, ‘Boardwalk Empire’ And ‘Manifest’ Actor, Dies At 41

R-Truth Shockingly Released By WWE As The Wrestling World Reacts

‘Andor’ Showrunner Confirms It Cost $650 Million, So Good Luck Doing That Again

Avengers: Doomsday ‘Set Leak’ Videos Are Our New, Inescapable AI Reality

One Of The Best Horror Movies Of The Decade Has Hit Netflix

Book Review: Stephen Witt’s Take On Nvidia, ‘The Thinking Machine’

Snack Maker Sues Aldi Grocery Chain Over Look-Alike Product Packaging

'Lilo & Stitch' passes 'Sinners' to become 2nd highest grossing film of 2025

Top defense officials say Ukraine war has blurred lines, exposing global threats

Can Trump fix the national debt? Republican senators, many investors and even Elon Musk have doubts

The U.K. seeks to send a message to Moscow as it outlines higher defense spending

Trump officials are visiting Alaska to discuss a gas pipeline and oil drilling

U.K. bans single-use vapes to stem use by children and reduce harmful litter

Amsterdam’s buzzy fitness spot Rostudios coming to Greenwich Village NYC: ‘The ideal home’

Most valuable coins you can find in your change revealed – do you have one in your wallet?

'Stranger Things' season 5 has a release date. Here's everything we know about the conclusion to the hit Netflix series.

I got laid off from my first tech job nearly a decade ago. It shifted my whole perception of work — I'm more careful and feel less secure.