The broad market was unimpressed with Nvidia’s (NVDA) Q2 results late Wednesday, and shares of the semiconductor sold off more than 3% on Thursday.
Nvidia earnings late Wednesday have pushed NVDA out of $3 trillion market cap. Microsoft and Apple gain on Thursday, with both mega caps benefiting from AI offerings. Dow Jones gains ground due to MSFT, AAPL advancing. iPhone 18 announcement expected on September 9. The broad market was unimpressed with Nvidia’s Q2 results late Wednesday, and shares of the semiconductor sold off more than 3% on Thursday.
Microsoft’s Charles Lamanna, Corporate Vice President for Business Apps & Platforms, was interviewed by Brad Zelnick of Deutsche Bank on Wednesday at the bank’s tech conference. Lamanna said that enterprise customers were now focused on how artificial intelligence can be incorporated into their customer relationship management and resource management software offerings from Microsoft.
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