Nvidia is still making billions in Q4 2023 despite a giant drop in PC demand
Nvidia reported its fourth quarter and full-year earnings, with quarterly revenue of $6.05 billion, down 21 percent from last year, and $1.4 billion in profit, down 53 percent. For the full year, revenue was almost identical to last year, though profit was down 55 percent. The dip was largely in Nvidia’s gaming business, which was […]
Taliban demand US return $3.5bn in Afghan assets after court ruling
Judge George Daniels of the Southern District of New York has ruled that families of the victims of the 9/11 attacks cannot seize the $3.5 billion belonging to Afghanistan\’s central bank. The money was taken by the US after the Taliban stormed back to power in 2021 and Biden said it could be made available […]
Copper retreats on concern over rate hikes, China demand
[ LONDON: Copper prices slumped on Wednesday on worries of more central bank rate hikes that could curb economic activity and sluggish demand in top metals consumer China. Three-month copper on the London Metal Exchange was down 1.1% to $9,097 a tonne at 1030 GMT after rising on Tuesday to its highest since Feb. 2. […]