Nvidia's Revenue Sinks 24%, but Wall Street Feared Worse

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Nvidia's Revenue Sinks 24%, but Wall Street Feared Worse

Nvidia Corp. reported a 24% drop in quarterly revenue Thursday and signaled work ahead to shake off a funk in cryptocurrency mining and revive demand for its chips used by videogamers and data centers.
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Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits

Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00.
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JP Morgan: Crypto's Biggest Detractor Has A Change Of Heart

In the world of cryptocurrencies, after Nouriel Roubini, an economist of repute for calling market failures and pouring cold water on crypto, Jamie Dimon, JP Morgan's chairman and CEO, may be public enemy number 2. His well-known and contrarian …
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Facebook may be facing a “multibillion-dollar” fine from the FTC. Here's why.

The FTC isn't messing around. The Federal Trade Commission, which is still investigating Facebook for potential privacy violations related to how the company has shared data in the past with outside developers, is negotiating with Facebook to settle …
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Canopy Growth shows surging pot sales in late-arriving earnings report

The largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening.
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