Nvidia Turns Constructive After Trump Gives Green Light for H200 AI Chip Sales to China
US lets Nvidia sell H200 chips to approved Chinese buyers, taking 25%, reinforcing semiconductor rivalry dynamics.
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US lets Nvidia sell H200 chips to approved Chinese buyers, taking 25%, reinforcing semiconductor rivalry dynamics.
Netflix's Q3 earnings exceeded expectations, with revenue rising 15% to $9.83 billion and EPS at $5.40. The company added 5.07 million subscribers, driven by its ad-supported tier and upcoming content, including "Squid Game" Season 2.
Major tech companies like Google, Amazon, and Microsoft are turning to nuclear energy to power their AI data centres. This shift addresses both rising electricity needs and carbon reduction goals.
Nvidia is experiencing rapid growth, with strong demand for its Blackwell chips and continued momentum from its older Hopper line. Analysts are optimistic about its long-term prospects, predicting market share gains and potential stock value surpassing Apple.
Netflix goes into the Q3 earnings from a position of strength and its stock reaching new record highs, but expects revenue growth to slow and challenges lay ahead
U.S. equities maintained their upward trend, bolstered by robust job data and anticipated third-quarter earnings. While technology is expected to drive growth, sectors like financials and industrials may face challenges.
Utilities were the best performing sector of the S&P500 in Q3, largely fueled by the AI boom, but the new quarter leads to a pullback
The sportswear giant is having a bad year which reflect on the stock and the latest results reaffirmed the downside momentum, but turnaround plans could fuel further rebound
Micron Technology's robust earnings and revenue forecast, driven by strong AI demand, sparked a global surge in chip stocks. Major players like Samsung, SK Hynix, and European firms such as ASML saw significant gains. The rally reflects growing confidence in the semiconductor sector, particularly in AI-related products.
The central bank recently announced a 50 basis point rate cut, described as a “recalibration” to support economic strength and address labour market concerns. This move marks a shift from a focus solely on inflation to a broader aim of sustaining employment. Initial market reactions were mixed, but stocks rallied as investors viewed the cut as proactive rather than a response to economic decline. Recent improvements in unemployment figures, with…
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