The U.S. Supreme Court allowed a lawsuit against Nvidia over underreporting $1.35 billion in crypto revenue, leading to $3.8 billion in losses. Supported by the DOJ and SEC, the case could set a precedent for transparency in crypto mining.

Nvidia stock has experienced an enormous surge this year, climbing over the summer to the position of the top-valued company in the world. The incoming Trump administration’s cryptocurrency enthusiasm also put Nvidia on the map since miners use its servers for their work.

Nvidia 's ( NVDA 3.08%) stock has been a huge winner each of the past two years. After surging over 238% in 2023, the stock has soared approximately 164% this year, as of this writing. Those are two huge back-to-back year gains that have propelled the company to become one of the largest in the world.

Nvidia (NASDAQ:NVDA ... lawsuit by investors accusing it of misleading shareholders over how important the cryptocurrency market was to its business. The rejection of the case means a lower ...

The disparity between the returns of even the strongest equities and humorous cryptocurrencies can be quite staggering. Case in point — over the last 30 days, Fartcoin (FARTCOIN) has outperformed Nvidia’s yearly returns — and the gains aren’t even particularly close.

On Dec. 11, 2024, the U.S. Supreme Court rejected NVDA's ( NVDA, Financial) appeal of a $1 billion class-action lawsuit, adding to the company's legal scrutiny. First filed in 2018, the case alleges that the GPU giant underreported cryptocurrency mining sales during a shaky crypto market period, causing investors millions of dollars in losses.

The US Supreme Court has ruled against Nvidia’s appeal, allowing a shareholder lawsuit over alleged misrepresentation of cryptocurrency mining revenue to move forward. The lawsuit accuses Nvidia ...

The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed.

Cryptocurrency has grown into a dynamic, multifaceted ecosystem that attracts enthusiasts, developers, and traders alike. While many recognize the well-known

Dow Jones futures fell Tuesday as Nvidia stock hits a key resistance level. AI chip stock TSMC broke out past a buy point. Lower valuations are usually the silver lining of a slumping market. Not so much in 2024. The Australian central bank The Reserve Bank of Australia is growing in confidence that inflation is heading sustainably back to target.

HIVE Digital Technologies has announced that it will invest $30 million in Nvidia GPU Clusters for its location in Quebec. The investment includes 248 H100 GPUs and 508 H200 GPUs.

XRP (XRP-USD) is one top cryptocurrency investors are clearly not sleeping on right now. This top digital asset (currently ranked #3 among all cryptocurrencies globally) has become a central holding of many investors,