Nvidia's second-quarter earnings beat Wall Street analysts' expectations, with total sales and revenue from data centers coming in ahead of estimates amid strong demand for AI chips.
Nakamoto could boost transaction speeds on Stacks and open the door for smart contracts using Bitcoin as a base layer.
Nvidia reported second-quarter earnings and revenue that beat analysts' estimates, though the pace of its growth slowed. Shares fell in extended trading Wednesday following the release.
(Bloomberg) -- Emerging-market currencies were down for a second day on Wednesday, as the dollar rebounded and Latin American markets got hit by commodity prices and political noise. Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherA Loud Warning From the Past About Living With
The country's flagship carrier is grappling with a hit to demand from pricing competition from its U.S. counterparts and high inflation, while global engine maintenance requirements from Pratt & Whitney has affected aircraft availability. "Air New Zealand is expecting a challenging year ahead," CEO Greg Foran said. Pratt & Whitney last year removed more than 1,000 engines from Airbus planes, which has led to the grounding of Air New Zealand's planes intermittently.
Once again, the DOGS token is gumming up the works.
The U.S. dollar gained on Wednesday due to month-end buying and technical factors after recent declines that pushed it to its weakest in more than a year, as traders awaited data that could dictate the pace of the Federal Reserve's imminent easing cycle. Sharp bouts of volatility hit foreign exchange markets this month as worries around a potential U.S. recession and hawkish signals from the Bank of Japan hammered the dollar and sent other major currencies soaring. Traders also awaited earnings from artificial intelligence (AI) chip giant Nvidia, which has sparked a frenzy on Wall Street and beyond in recent years.
