Tech giants Apple and Nvidia could disrupt stock market despite lack of 'earnings apocalypse'

1 min read
Source: Fortune
Tech giants Apple and Nvidia could disrupt stock market despite lack of 'earnings apocalypse'
Photo: Fortune
TL;DR Summary

Tech companies' quarterly results have been better than expected, with advertising spending stronger than anticipated. Apple and Nvidia are set to report earnings, with Apple expected to unveil a new augmented reality headset. Nvidia's GPU chips are in high demand due to the A.I. craze, but the company may have to clear a higher bar than internet companies. Geoffrey Hinton, the godfather of A.I., has left Google over concerns of bad actors using A.I. for spreading misinformation. Social media app Bluesky saw a surge in demand, while Sony braces for falling demand in its PlayStation division.

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