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Nvidia’s finally replacing GeForce Experience with this all-in-one ‘Nvidia app’
The Verge · 1y ago/cdn.vox-cdn.com/uploads/chorus_asset/file/25298160/nvidia_app_key_visual.jpg)
Medial
Nvidia has launched a new app that combines its Control Panel and GeForce Experience software into one unified platform. The app offers a redesigned user interface and eliminates the need for an Nvidia account to access driver updates. Users can now modify game settings and driver settings in a single location and set a global profile for all games and apps. Nvidia plans to integrate all features from the Control Panel into the new app, including display and video settings. However, some features, such as broadcast and share options, will be removed.
Nvidia’s historic rally extends to a record-setting 10th straight week
Economic Times · 1y ago
Medial
Nvidia's stock continues to break records with its historic rally in 2024. It rose 0.4% last week, marking its 10th consecutive positive week, the longest winning streak in its history. In contrast, the Philadelphia Stock Exchange Semiconductor Index experienced its largest one-week drop since January, falling 4% during the same period. Nvidia's stock has gained approximately 80% during the 10-week rally, driven by high demand for AI chips. The company currently holds the position of the top gainer in the Nasdaq 100 Index and boasts a market capitalization of around $2.2 trillion, making it the third-largest publicly traded stock. The upcoming GTC conference, where CEO Jensen Huang will speak, will be a crucial event for the stock.
Nvidia’s staying power is the $2 trillion question
Livemint · 1y ago
Medial
Nvidia, the semiconductor giant, has experienced incredible growth, surpassing a market value of $1.8 trillion. Its success can be attributed to the increasing demand for its chips in artificial intelligence by tech giants like Amazon and Google. Nvidia is set to report its fiscal fourth-quarter results, which are expected to show revenue of nearly $59 billion for the fiscal year, more than double the previous year. Despite the remarkable rise, there are concerns about the sustainability of this growth and potential risks heading into the quarterly report.
Is Axis Bank's share price fall a knee-jerk reaction?
Livemint · 1y ago
Medial
Axis Bank, one of the Nifty 50 stocks, faced a decline of around 6% on Thursday. Although the bank's performance in Q1FY25 was satisfactory, investors showed concern about the increase in credit cost. The management stated that the higher credit cost in the last quarter was due to seasonality and lower recoveries, and it is unclear whether this will be a one-off or a trend. The fall in the share price may be due to investors expecting the credit cost to remain low, despite FY24 being a strong year for Axis Bank with low gross NPAs. The bank's gross slippage ratio increased to 2%, with a significant portion coming from the retail portfolio, which includes a growing high-risk unsecured segment. Despite a growth in net interest income and a robust pre-provisioning operating profit, loan loss provisions doubled year-on-year, resulting in a lower pre-tax profit growth.
Symbiotec eyes IPO to give exit to PE investors; can it command a high valuation?
VCCircle · 9m ago
Medial
Bulk drug maker, Symbiotec Pharmalab, is considering the option of launching an IPO in the coming financial year. The Indore-based company aims to provide an exit opportunity to its private equity investors. Symbiotec Pharmalab will be exploring its public listing plans next year, with expectations of commanding a high valuation.
Mint Explainer: Will FY26 be a washout year for the IT services industry?
Livemint · 14d ago
Medial
The IT services industry faces a turbulent period in FY26 due to cautious client spending, tariff impacts, and geopolitical factors. The latest earnings reports reveal challenges and uncertainties for this $280 billion sector. Companies are striving to manage these issues, but the fiscal year outlook remains cautious.
Nvidia’s AI Party Is Far From Over
Livemint · 1y ago
Medial
Nvidia, a prominent chip maker in the artificial intelligence (AI) field, reported stronger-than-expected quarterly results and forecasts, dispelling concerns among investors about living up to the hype. The company's revenue for the data center segment, which includes AI computing accelerator chips, reached $18.4 billion, five times higher than the previous year. Despite competition from rivals, high demand for Nvidia's chips and robust earnings growth have contributed to a positive outlook. However, managing market expectations and speculation remains a challenge for the company.
Hi-tech Pipes' Rs 600-crore QIP to open next week; funds to be used for doubling capacity
Money Control · 9m ago
Medial
- Hi-Tech Pipes plans to raise up to Rs 600 crore through a qualified institutional placement (QIP) to double its pipe manufacturing capacity. - The funds will be used to set up new plants and increase capacity from nearly a million tonnes to nearly 2 million metric tonnes per annum. - The QIP is expected to open in the coming week and has received a strong response during roadshows. - Hi-Tech Pipes is the third-largest pipe maker in India with marquee clients such as BHEL, SAIL, NTPC, and Adani Group. - The company aims to be debt-free by FY26 and has achieved record sales volumes in Q2FY25, driven by increased demand in infrastructure, water transportation, and solar energy sectors. - Shares of Hi-Tech Pipes have surged over 40 percent in the last three months, with one-year gains of over 125 percent.
Zee-Sony merger: Deal gets delayed further
Livemint · 1y ago
Medial
The Zee Entertainment-Sony Pictures merger is facing further delays, according to Sony. The merger, which was approved by NCLT in August 2023, was previously expected to close by the end of the first half of fiscal year 2023-2024. However, based on the latest progress, it is now expected to be completed in the coming months. Zee Entertainment Enterprises will be delisted from FTSE Global Equity indices following the merger and will be replaced by Culver Max Entertainment. The effective date of the merger and the final trading day of Zee Entertainment Enterprises are yet to be confirmed.
5Paisa CEO Narayan Gangadhar quits after a year of joining firm
Economic Times · 1y ago
Medial
Narayan Gangadhar, the CEO of 5Paisa, has resigned from his position. His resignation will be effective from August 28. Gangadhar, who previously worked at Angel One, joined 5Paisa a year ago. He will now serve as a strategic advisor to the IIFL group, overseeing initiatives related to artificial intelligence and digital transformation. After August 28, he will no longer be a member of various committees at 5Paisa. In the fiscal year 2023-24, 5Paisa reported a revenue of Rs 394 crore and a net profit of Rs 51.8 crore.
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