Nvidia Corp. is set for the biggest intraday gain in about nine months when New York exchanges open after the chipmaker delivered another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker. Revenue in the current period will be about $24 billion, the company said in a statementBloomberg Terminal Wednesday. Analysts had predicted $21.9 billion on average. Results in the fourth quarter also sailed past Wall Street...

Nvidia Corp. is set for the biggest intraday gain in about nine months when New York exchanges open after the chipmaker delivered another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker. Revenue in the current period will be about $24 billion, the company said in a statementBloomberg Terminal Wednesday. Analysts had predicted $21.9 billion on average. Results in the fourth quarter also sailed past Wall Street...

Tesla Inc. slumped in early trading after reporting a record decline in deliveries during the first quarter, stoking concern demand is slackening for the Model 3 sedan it introduced less than two years ago. The company delivered 63,000 vehicles in the three months that ended in March, according to a statement Wednesday, down from 90,966 in the fourth quarter. Tesla fell as much as 8.5% during U.S. pre-market hours. In the U.S., where Tesla introduced the Model 3 sedan in 2017, tax incentives...

President Joe Biden said beneficiaries of an expanded student debt relief effort would hear from him directly as he seeks to court young voters ahead November’s election. “If you qualify, you’ll be hearing from me shortly,” Biden said Wednesday at an event in Culver City, California. Borrowers who had their debt forgiven in the latest round will receive an email from the president letting them know. Biden’s administration gave similar notice in a prior round of debt forgiveness last...

Nvidia Corp. is set for the biggest intraday gain in about nine months when New York exchanges open after the chipmaker delivered another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker. Revenue in the current period will be about $24 billion, the company said in a statementBloomberg Terminal Wednesday. Analysts had predicted $21.9 billion on average. Results in the fourth quarter also sailed past Wall Street...