Nvidia Rises, Intuit Drops, Ralph Lauren Gains as Luxury Shoppers Spend at Full Price
On this episode of Stock Movers:- Nvidia (NVDA) shares rise. Nvidia Corp. aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support artificial intelligence ambitions.- Intuit (INTU) shares drop. The tax-preparation software company reported its third-quarter results and gave an outlook. It also said it is cutting about 17% of its staff, confirming an earlier Reuters report. The company expects to incur about $320 million in restructuring charges, largely in the current…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.