Nvidia extends its losses on reported DOJ antitrust probe

Justice Department News

Nvidia extends its losses on reported DOJ antitrust probe
Antitrust ViolationsNvidiaAlexis Keenan
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The Justice Department has subpoenaed Nvidia (NVDA), alongside other companies, over possible antitrust violations, according to a report by Bloomberg. Yahoo...

joins the Morning Brief to discuss the news and break down why the Justice Department is particularly interested in the chip giant's status as a potential monopoly.As we mentioned, Bloomberg reported, the Justice department sent NVIDIA a subpoena over possible antitrust violations .It was also some other undisclosed companies.

Back when the report, a report from the information came out saying that there were customer complaints over and videos penalizing reportedly buyers who are not exclusively using the company for its chips. But there are some exceptions to that rule that can happen when market conditions are rapidly changing.

But looking at competition, at least in the US grounds, you have NVIDIA out there in front with something around 80% market share at this point.Also this KA chip programming software, what it does is it allows NVIDIA to make GPUS run more efficiently more the A I apps run more effectively. Dollar Tree shares are sinking after the discount retailer missed second quarter earnings estimates — posting $7.37 billion in revenue and adjusted earnings of $0.67 per share . Dollar Tree also cut its full-year guidance. Yahoo Finance senior retail reporter Brooke DiPalma breaks down the earnings report, Dollar Tree CEO Rick Dreiling attributing this performance to "immense pressures from a challenging macro environment.

NEW YORK, September 04, 2024--Braze , the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced two new launches to help brands elevate their customer experiences and interactions. The Braze for Startups program, launching with its first venture capital partner, aims to support the next generation of customer-first brand leaders by providing startups with four months of free access to Braze.

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