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Key Takeaways Nvidia’s data center revenue came in below analysts’ expectations, with growth decelerating from the previous quarter’s pace. Demand for services offered by data centers has grown rapidly during the pandemic, boosting demand for Nvidia’s chips. Nvidia’s data center segment is its biggest platform, with data center revenue eclipsing gaming revenue. Source: Predictions based
Fitness equipment company Peloton Interactive, Inc. (PTON) announced, on Aug. 24, 2022, a deal to sell a variety of its products through Amazon.com, Inc. (AMZN). Previously, Peloton’s new products and accessories were sold strictly through its own e-commerce site, inside sales channels, and global showrooms. Peloton indicates that this initiative is designed “to innovate and
The First Labor Day Having the first Monday in September off from work was significant for American workers in 1894, when Labor Day was declared a national holiday. Working conditions in the country’s factories, railroads, mills, and mines were grim. Employees, including many children, were often required to work 12 hours a day, six days
Consumer confidence is a leading economic indicator and can forecast forward-looking economic performance. With consumer confidence recently hitting its lowest level in 16 months, that’s not a great sign for the stock market. Accordingly, finding high-quality stocks to buy in this environment can seem tricky. Companies in the consumer discretionary, non-essential, or durable goods sectors
There could be an important update or two in store for Chinese electric vehicle (EV) maker Nio (NYSE:NIO). As InvestorPlace’s Eddie Pan explained, the automaker’s annual general meeting is coming up on Aug. 25. Will Nio make a definitive statement about the infamous Grizzly Research short report? That’s the billion-dollar question that will be answered soon. This, along with the
Corruption is a problem all over the world. Soccer’s governing organization, Fédération Internationale de Football Association, or FIFA, is just one example, with several executives found guilty of racketeering and money laundering in 2015. The college admissions world was rocked in 2019 after several high-profile celebrities faced legal trouble—including charges of bribery and several types
We’re a nation of collectors, and more and more of us view our collectibles as alternative investments, a valuable way to diversify our assets.  According to a recent survey , one in three adult Americans reports they collect some type of physical items. Whether they’re amassing sports memorabilia or stamps, trading cards or toys, fine
Today’s article introduces three stocks whose  price targets have recently been cut by analysts on Wall Street. So far this year, the stocks market has tumbled on the back of rampant inflation and investors’ shaken confidence. Indeed, the S&P 500 Index posted its worst return for the first half of a year  since 1970, triggering
Clean energy ETFs are among the top-performers this year too, after a spectacular performance last year. Invesco Solar ETF: https://www.zacks.com/funds/etf/TAN/profile?cid=CS-YOUTUBE-FT-VID Invesco WilderHill Clean Energy ETF: https://www.zacks.com/funds/etf/PBW/profile?cid=CS-YOUTUBE-FT-VID ALPS Clean Energy ETF: https://www.zacks.com/funds/etf/ACES/profile?cid=CS-YOUTUBE-FT-VID Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID Enphase Energy: https://www.zacks.com/stock/quote/ENPH?cid=CS-YOUTUBE-FT-VID SolarEdge Technologies: https://www.zacks.com/stock/quote/SEDG?cid=CS-YOUTUBE-FT-VID Plug Power: https://www.zacks.com/stock/quote/PLUG?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on