FTSE 100 Live: Stocks to fall; Nvidia sales double as AI spending booms
Welcome back to the City AM FTSE 100 liveblog. The UK’s blue chip index is set to fall on Thursday morning, according to futures from investment platform IG. The FTSE 100 finished broadly flat on Wednesday’s close, with JD Sports, IG and British American Tobacco among the index’s highest risers. The blue-chip index “wa
Nvidia doubles revenue, forecasts even more AI spending
AI juggernaut Nvidia on Wednesday reported quarterly revenue of $96.2 billion, more than double from a year earlier, as the world's most valuable company beat Wall Street expectations and forecast even stronger sales ahead. Shares leapt nearly five percent in after-hours trading on Wall Street. Nvidia is considered the