Daily Investor Update: Nvidia Corp reports 54.6 percent rise in quarterly profit

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Thursday, November 9, 2017

Nvidia Corp reports 54.6 percent rise in quarterly profit

(Reuters) - Nvidia Corp reported a 54.6 percent rise in quarterly profit, driven by strong demand for its graphics chips used in gaming devices, data centers, autonomous vehicles and also by cryptocurrency miners.

Disney profit, revenue misses Street as cable business weighs

(Reuters) - Walt Disney Co reported lower-than expected quarterly revenue and profit on Thursday, dragged down by a poor performance at its cable business, including a drop in subscribers at ESPN.

Equifax reports lower third-quarter earnings after data breach

(Reuters) - Equifax Inc on Thursday reported a lower third-quarter profit as costs from the credit reporting bureau's recently disclosed data breach that exposed deeply sensitive information on 145.5 million people began to mount.

Wall Street ends lower with tech; focus on tax plan

NEW YORK (Reuters) - Wall Street ended lower on Thursday, weighed down by losses in Apple Inc and other technology stocks as investors turned their attention to a U.S. Senate Republican plan that would delay corporate tax cuts that investors want very much.

Saudi Aramco signs engineering and construction deals worth $4.5 billion

DHAHRAN, Saudi Arabia (Reuters) - Saudi Aramco signed agreements on Thursday worth $4.5 billion with firms from Europe, the United States, China and the United Arab Emirates for work on a range of oil and gas development projects, mostly aimed at boosting gas production.

U.S. tax cut worries dent hopes of longest winning run in 14 years

NEW YORK (Reuters) - Broad equity market declines in Asia and Europe on Thursday, combined with growing concerns that the Republican-led corporate U.S. tax cut may not pass this year, threatened to spoil the longest winning streak for MSCI's global stock index since 2003.

AT&T ready to fight U.S. on Time Warner deal: CEO

WASHINGTON/NEW YORK (Reuters) - AT&T Inc will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc and will fight the government in court if a negotiated settlement is not reached, the wireless company's chief executive said on Thursday.

AT&T CEO says open to litigation on Time Warner deal

(Reuters) - AT&T Inc is ready to litigate if the U.S. Department of Justice blocks its $85.4 billion Time Warner Inc deal, Chief Executive Randall Stephenson said on Thursday.

Special Report: The decisions behind Monsanto's weed-killer crisis

(Reuters) - In early 2016, agri-business giant Monsanto faced a decision that would prove pivotal in what since has become a sprawling herbicide crisis, with millions of acres of crops damaged.

AT&T-Time Warner deal not dead yet: Dish CEO Ergen

(Reuters) - AT&T Inc's proposed acquisition of Time Warner Inc , which is being scrutinized by the U.S. Department of Justice, may not be dead yet, Dish Network Corp Chief Executive Charlie Ergen said.

Daily Investor Update: Nvidia Corp reports 54.6 percent rise in quarterly profit

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