Nvidia's AI Growth, Block's Profit Drop, and Reddit's Revenue Surge

Reported 1 day ago

Nvidia's shares have risen over 2% due to reports of tailored chip production for China amid upcoming U.S. export restrictions, while Block's stock has fallen nearly 20% after cutting its profit outlook due to lower consumer spending. On the upside, Reddit's shares are increasing after posting a profit in Q1, coupled with a 31% rise in daily active users and a 61% boost in advertising revenue.

Source: YAHOO

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