Finance Time

Nvidia (NVDA) has been making headlines lately, thanks to its exceptional performance in the fiscal 2024 first-quarter results, which were released on May 24. The company's shares skyrocketed by nearly 25% the following day, as investors were impressed by its remarkable guidance. With a year-to-date gain of 166%, many are wondering if it's too late to invest in this soaring semiconductor stock. Let's delve into the reasons behind Nvidia's recent success and whether there's still room for growth. Nvidia Accelerates Forward Nvidia's Q1 2024 revenue reached $7.2 billion, a 13% decrease compared to the previous year. However, this figure surpassed the company's initial guidance of $6.5 billion by a significant margin. Surprisingly, Nvidia's adjusted earnings increased by 28% year-over-year to $0.82 per share in the last quarter. This impressive growth can be attributed to the strong demand for Nvidia's data center GPUs (graphics processing units) i...

This is the second time the PIA aircraft has been seized in Malaysia over a dues issue. The same aircraft was seized by the Kuala Lumpur airport authorities in 2021 on the same issue. Pakistan is currently experiencing a severe financial crisis and recently faced an embarrassing situation when its national carrier's plane was seized in Malaysia due to non-payment. The aircraft in question is a Boeing 777 owned by Pakistan International Airlines (PIA), which had been leased from Malaysia. The plane, registered as BMH, was halted at Kuala Lumpur International Airport for the second time due to outstanding dues totaling $4 million. Following a court order, the Malaysian company seized the PIA plane after the dues remained unpaid. This is not the first time that the PIA aircraft has been seized in Malaysia over payment issues. The same aircraft was seized by authorities at Kuala Lumpur airport in 2021 for the same reason but was later released with the assurance of payment. On January ...

  What is Technical Analysis: A Comprehensive Guide Technical analysis is a trading discipline that involves evaluating investments and identifying trading opportunities in price trends and patterns seen on charts. Technical analysts believe that past trading activity and price changes of a security can be valuable indicators of the security's future price movements. This analysis is used to identify patterns and trends that can be used to inform investment decisions. Technical analysis is a tool used to predict the probable future price movement of a security, such as a stock or currency pair, based on market data. It is a popular technique used by traders to analyze market trends, identify potential trading opportunities, and make informed investment decisions. Technical analysis is based on the idea that market trends, including price movements and trading volumes, are predictable and can be used to forecast future price movements. By studying past market data, technical anal...