Nvidia is a reminder of another investor darling that not too long ago soared on dreams of a technological transformation.
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Dell Technologies shares surged 32% to hit a record high on Friday, propelled by sales related to artificial intelligence.
Observers have warned the move could block hundreds of billions of dollars in investment into emerging markets.
The IFC and Solcon Capital have announced a partnership to nurture investment in “deep tech” in India and South Africa.
Nvidia added $277-billion in stock market value on Thursday, Wall Street’s largest one-day gain in history.
Stunning quarterly results propelled Nvidia’s market capitalisation in after-hours trading by more than $129-billion.
CubeSpace, a satellite specialist with roots at Stellenbosch University, has secured funding for global expansion.
At the heart of the exodus is a scarcity of the dollars international businesses need to repatriate earnings.
Blue Label Telecoms said its underlying core headline earnings will decline by R100-million in its latest reporting period.
Nvidia eclipsed Alphabet as the third most valuable US company on Wednesday, just after overtaking Amazon.