'As good as it gets': Why one analyst says Nvidia has peaked as the stock tanks
Gil Luria of DA Davidson highlighted increased competition from China and declining profit margins as concerns for Nvidia.
Gil Luria of DA Davidson highlighted increased competition from China and declining profit margins as concerns for Nvidia.
(Bloomberg) -- Paris’s oldest chocolate shop has occupied a street corner in the ninth arrondissement since 1761. Ownership of À la Mère de Famille has changed hands from family to family over the centuries, but it has endured through occupation and revolution thanks to the Parisian appetite for confectionery. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money
(Bloomberg) -- Japan’s financial regulator plans a sweeping crackdown on $67 billion of high-yield loans backed by government bonds and other assets that have gained popularity among regional banks even after officials warned about their risks.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Inv
Broadcom shares fell to a one-month low Thursday amid a broader chip stock selloff as investors digested Nvidia's earnings and President Trump's latest announcement on tariffs. Monitor these key chart levels.
As the world’s richest person, Elon Musk isn’t short of opportunity. From TikTok to Nissan, his name comes up time and again during potential deals across Asia, no matter how outlandish.
TOKYO (Reuters) -Equities slumped across Asia on Friday and the U.S. dollar hovered near multi-week highs against the currencies of the country's top trading partners as concerns about an escalating global trade war soured market sentiment. Technology shares took an additional hit following a sell-off in AI darling Nvidia and other so-called "Magnificent Seven" Wall Street mega-cap stocks, as investors judged the chipmaker's earnings report harshly a day after it was released. The safe-haven yen and Swiss franc strengthened, with Japan's currency getting an additional boost from lower U.S. Treasury yields.
Bettors on Polymarket, which became famous for accurately calling the 2024 election, see slim chances DOGE will achieve some of its big goals.
The software firm beat earnings and gave strong guidance that played up new AI tools for customers. It's outlook for product revenue beat estimates.
Neighborhood social network Nextdoor (NYSE:KIND) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.4% year on year to $65.23 million. On the other hand, next quarter’s revenue guidance of $53 million was less impressive, coming in 13.7% below analysts’ estimates. Its GAAP loss of $0.03 per share was $0.01 above analysts’ consensus estimates.
Energy and renewable energy projects company Ameresco (NYSE:AMRC) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 20.7% year on year to $532.7 million. On the other hand, the company’s full-year revenue guidance of $1.9 billion at the midpoint came in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.88 per share was 12.6% above analysts’ consensus estimates.