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 (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 ...

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.

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 ...

Harsh has worked for leading media houses such as the Times Group and... read more. Nvidia's revenue hit $35.1 billion, with AI data centers driving 87% of sales. Retail investors poured nearly $30 billion into Nvidia stock in 2024. The Blackwell AI chip ...

Coinbase (NASDAQ: COIN) was founded in June 2012 with the sole purpose of facilitating the buying and selling of Bitcoin. But over the next 12 years, the digital asset brokerage and exchange operator has expanded into a broader business by offering more services.

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

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Here at Exchange Rates UK, we switched to using multiple inter bank rate sources, as opposed to the original European Central Bank source. This means we can offer live rates that are correct up to ...