Chipmaker Nvidia startled analysts and investors with its guidance for the upcoming quarter while exceeding market expectations with its second-quarter results. On Thursday, shares of Nvidia increased 8.6% on the Frankfurt Stock Exchange after the company anticipated quarterly revenue that exceeded forecasts and announced a $25 billion repurchase. According to CNBC, Nvidia’s revenue for the…
The launch of Tata Communications’ cloud-based, global 5G Roaming Laboratory (Lab) was announced on Wednesday. Tata Communications is a global enabler of the digital ecosystem. The operators of mobile networks will be able to test 5G standalone network use cases as a result before making the service available to their clients, the company stated in…
The association for the hotel industry also made the point that, in order for the sector to reach its goal, lodging growth must expand outside of metro areas into second- and third-tier cities as well as rural areas. A large increase in domestic travel and foreign visitors is expected to boost the Indian hotel industry’s…
According to records describing the privately held company’s quarterly and annual statistics, the Report claimed Thursday that SpaceX made money during the first quarter as a consequence of rising revenue. According to report, SpaceX reported a first-quarter profit of $55 million on $1.5 billion in revenue. According to the research, Elon Musk’s rocket company lost $559…
The number of daily active users (DAU) on Threads has been dropping. According to data released by Sensor Tower last week, Threads’ DAU has decreased by 82%, and the amount of time spent using the app has decreased as fewer than eight million people are using it. Mark Zuckerberg, CEO of Meta, revealed last month…
The demand for high value-added components for the domestic market significantly increased in 2022–2023, according to data released on Monday by the apex industry body for automotive components, the Automotive Component Manufacturers Association of India (ACMA). This resulted in a record turnover for the country’s automotive components sector of $69.7 billion. Despite exports to North…
Boeing on Wednesday revealed a $257 million charge in the second quarter for its Starliner astronaut spacecraft program, carrying the program’s to-date overwhelm costs to $1.5 billion as postpones proceed. The aerospace giant pinned the charge on its choice last month to endlessly postpone the first crewed Starliner send off. Starliner was scheduled to launch…
Gap declared Wednesday it’s poached a top Mattel chief to be its new President as the apparel giant looks to switch a continuous deals slump and regain its importance in the fashion industry. Richard Dickson, the president and chief operating officer at Mattel, was picked as Hole’s top supervisor following a drawn out search that…
Under trial status, the first car capable of flying has authoritatively been approved for departure. Alef Aeronautics revealed this week that the Federal Aviation Administration has granted legal permission for the flying car “Model A” to undergo road and sky trials before it can be made available to the general public. Alef is the first…
According to source, forward Draymond Green has agreed to a four-year, $100 million contract with a player option to re-sign with the Golden State Warriors. Green, 33, has played his whole 11-year vocation with the Fighters since being drafted with the 35th in general pick in the second round of the 2012 NBA draft. Together…