MicroStrategy stock was on another wild ride Thursday morning as the company continues to ride the fortunes of bitcoin's rally to record highs.
SAN FRANCISCO/BENGALURU (Reuters) -Nvidia's revenue forecast on Wednesday raised questions over whether the artificial intelligence boom is waning. There is no shortage of companies eager to create new AI systems using Nvidia's superior chips, and the world's largest publicly listed company is selling them as fast as its chipmaking contractor Taiwan Semiconductor Manufacturing Co(TSMC) can make them. Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, and said supply chain constraints would lead to demand for its chips exceeding supply for several quarters in fiscal 2026.
The 75th National Book Awards celebrated with a ceremony, comedy from Kate McKinnon and music from Jon Batiste. Percival Everett won for fiction.