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Friday, August 17, 2018

Nvidia forecast lags Wall Street as crypto demand evaporates

Nvidia Corp shares fell as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.


from Reuters: Business News https://ift.tt/2PhIypN

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Prada to buy rival fashion brand Versace for $1.36bn

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn). from BBC News https://ift.tt/IF1bAUd