Nvidia stock slips as investors weigh rising competition from Google and Amazon

What happened: Nvidia (NVDA) stock tumbled more than 4% on Thursday as other chipmakers gained. What’s behind the move: Investors may be weighing rising competition for Nvidia, which has so far been the dominant play in the AI infrastructure space. In its earnings call on Wednesday, Amazon (AMZN) noted its in-house chips business is booming,…

Read Full News

Memphis business news, promotions and hirings for April 30, 2026

Memphis business news, promotions and hirings for April 30, 2026 News Sports Memphis Tigers Business Advertise Obituaries eNewspaper Legals From submitted press releases Memphis Commercial Appeal April 30, 2026, 6:00 a.m. CT Here’s a look at promotions, hirings and other noteworthy business events in the Memphis area: Dr. Scott Newstok, professor of English and executive…

Read Full News

Trump signs executive order aiming to expand retirement account access

BlackRock Global Head of Retirement Solutions Nick Nefouse joins ‘Varney & Co.’ to discuss a proposed rule expanding 401(k)s to crypto and real estate. President Donald Trump signed an executive order on Thursday to help expand access to retirement savings accounts for Americans who do not have employer-provided plans. “Beginning at the start of next…

Read Full News

Business News: Watches And Wonders Attendance Climbs Despite Geo-Politics And Economic Challenges As Brands Make Case For Value

From Japan, Grand Seiko finally gave us the ultra-high-end, world record level accurate, spring-drive dive watch in a size smaller than 41mm that fans have been asking for. The Spring Drive U.F.A. Ushio 300 Diver demanded attention. Powered by the Caliber 9RB1 UFA  with “Ultra Fine Accuracy” of ±20 seconds per year (a world record,…

Read Full News

Microsoft stock sinks as AI spending ramps to $190 billion as Q3 earnings top forecasts

Microsoft (MSFT) reported its third quarter results after the bell on Wednesday, beating analysts’ expectations on the top and bottom lines, and said its AI business now has a $37 billion annual revenue run rate, up 123% year over year. Shares of the company fell, however, after company said it anticipates Q4 capital expenditures of…

Read Full News