Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
AI spending remains strong! NVIDIA's Q4 revenue slows but still reaches a record high, Blackwell generates 11 billion, and Q1 guidance is better than expected | Earnings Reports insights.
NVIDIA's revenue in the fourth quarter grew by 78%, with Datacenter revenue increasing by 93%, both being the lowest growth rates in two years but exceeding Analyst expectations; the revenue guidance for the first quarter shows a further slowdown, with maximum growth close to 69%, while Analysts expect growth of less than 63%, nearing the lower end of the guidance. The gross margin guidance is a maximum of 72.5%, slightly lower than Analyst expectations; the gaming Business revenue unexpectedly decreased by 11% year-on-year, attributed to limited chip supply. Jensen Huang stated that the sales of the Blackwell chip in the first quarter have reached several billion dollars. After-hours stock prices initially fell by more than 2%, then briefly rose by over 3% before turning down again.
Nvidia Q4 Earnings Highlights: Revenue Beat, EPS Beat, 'Demand For Blackwell Is Amazing'
Core Scientific Shares Are Trading Higher. The Company Announced It Expanded Its Partnership With CoreWeave.
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Core Scientific Q4 Adj $(0.13) Misses $(0.08) Estimate, Sales $94.92M Miss $99.92M Estimate. Adjusted EPS Excludes Change in Fair Value of Warrants and Contingent Value Rights of $224.716M or $0.73 per Share.
Wall Street Today: Market Quaking With Anticipation, and Nvidia Delivers Beat