Closed
The Marked Chart Wire · Tech and AI
HotTech Earnings
The week featured political backlash against Meta, Department of Justice scrutiny of an Nvidia deal, and mixed earnings from major technology companies.
Prices from Based on Fri, Oct 30 close · Opens Mon 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Trading around earnings
HotNvidia
Nvidia CEO Jensen Huang stated that demand for neocloud services is increasing. The company did not provide specific financial figures or growth rates in the remarks.
HotNvidia
Analysts argue that Jensen Huang's business meetings and existing US regulations fail to adequately restrict China's access to advanced chips via cloud services.
Meta AI Spending
S&P Global lowered Meta Platforms credit outlook to negative, citing concerns about a $145 billion artificial intelligence spending plan and weakening cash flow.
Online Safety Act
A London judge dismissed the appeal by Meta, TikTok and X against Ofcom. The British regulator demanded information from the platforms under the Online Safety Act.
AI and chips
Standard & Poor's notes that Meta's ability to generate revenue from its artificial intelligence investments is more restricted than that of its competitors.
HotAI Spending
A compilation of SEC filings estimates Big Tech's future obligations at $4.11 trillion, a 25 percent increase from August. Alphabet leads with $1.06 trillion in commitments, followed by Meta and Microsoft.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.