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Nvidia's upbeat forecast powered by data center, cryptocurrency demand
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(Reuters) – Nvidia Corp’s (NVDA.O) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading. The company, which also reported better-than-expected quarterly results, is reaping the benefits from the launch of […]

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Akamai revenue, profit top estimates on robust cloud demand
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(Reuters) – Akamai Technologies Inc’s (AKAM.O) profit and revenue topped analysts’ estimates on Tuesday, and the company said it had cut about 400 positions, or 5 percent of its global workforce. The company’s shares were up 8.2 percent at $68.87 in extended trading. Activist investor Elliott Management, which has disclosed a 6.5 percent stake, would […]

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