Despite its stock falling hard during the recent bear market, Nvidia (NASDAQ: NVDA) as a company has delivered tremendous growth over the last few years, particularly from its graphics processing units (GPUs) designed for gaming and data centers, its two largest sources of revenue. While the company continues to see new applications for its GPUs that could drive more expansion over the next decade, Nvidia is starting to experience slowing growth from macroeconomic headwinds. One important quality of Nvidia that every investor should appreciate is its ability to keep expanding the application of its GPU technology to new markets. Read More...
The U.S.-listed shares of NIO Inc. jumped 2.4% in premarket trading Friday, after the China-based electric vehicle maker reported June deliveries that rose sharply from last month and from a last year. The company said it delivered 12,961 vehicles in June, up 84.5% from May and 60.3% more than the same period a year ago. The June deliveries consisted of 8,612 sport utility vehicles, including 1,684 ES8s, 5,100 ES6s and 1,828 EC6s, as well as 4,349 ET7 sedans. For the second quarter, NIO delivere