Latest in FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
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FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs, and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - 8h -
Nvidia revenues jump almost 80% on booming AI chip sales
Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growthFinancial Times - 11h -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 1d -
Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.The New York Times - 2h -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - 2d -
Norovirus sickens nearly 80 passengers on cruise that left from Florida
It's the second Holland America Line ship to have dozens of passengers fall ill this month, according to the CDC.CBS News - 1d -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - 21h -
Nvidia revenues hit $39.3B, up 78% in FYQ4 — with no sign of slowdown (updated)
Nvidia reported that its revenue for the third fiscal quarter ended October 27 was $35.1 billion, up 17% from the previous quarter and up 94% from a year ago.VentureBeat - 22h -
C3.ai’s stock falls as revenue growth beats expectations but slows down
C3.ai shares tumbled more than 5% in extended trading Wednesday.MarketWatch - 19h -
Nvidia's auto segment revenue surges to record high on demand for driver-assist tech
U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist software picked up.CNBC - 9h -
Hormel’s stock boosted by revenue beat, though challenges lie ahead with turkeys and nuts
The company said it continues to “recover from the snack nuts supply disruption” that impacted Planters nuts.MarketWatch - 7h -
Nvidia beats Wall Street expectations in first earnings after debut of DeepSeek AI
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary. Nvidia surpassed investor expectations for the fourth quarter of 2024 with a ...The Guardian - 20h -
Shares of world's largest brewer AB InBev pop 9% after posting fourth-quarter revenue beat even as volumes slide
The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported an 3.4% increase in fourth-quarter revenue to $14.84 billion.CNBC - 1d -
FirstFT: Ceasefire under threat after Hamas accused of violation
Also in today’s newsletter, Japanese to court Tesla for Nissan investment, and Eric Adams’ Faustian pact with TrumpFinancial Times - 6d -
FirstFT: Germany’s Friedrich Merz pledges ‘independence from US’
Also in today’s newsletter, staff revolt at FTI and Apple’s DEI and OpenAI initiatives under fireFinancial Times - 3d -
FirstFT: US drives UN resolution on Ukraine war with Russian backing
Also in today’s newsletter, US companies left out of defence stock rally and BP abandons pledge to cut oil and gas outputFinancial Times - 2d -
FirstFT: Ukraine agrees minerals deal in bid to improve US ties
Also in today’s newsletter, tax cut win for Trump, and a Big Read on the anti-vax movementFinancial Times - 1d -
Egg Prices Could Jump Another 41% This Year
USDA is also spending more to battle avian flu, which caused 166 million chickens to be culled to prevent disease spread.Inc. - 21h -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 6d -
Trump trade overhaul clouds China’s shipping forecast
US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade systemFinancial Times - 3d -
What's the CD interest rate forecast for spring 2025?
With the Fed expected to hold rates steady in March, experts predict what could happen with CD stable this spring.CBS News - 1d -
Purdue Fort Wayne wins 80-66 over Oakland
Led by Rasheed Bello's 19 points, the Purdue Fort Wayne Mastodons defeated the Oakland Golden Grizzlies 80-66ABC News - 5d -
Gherezgher has 17, Northern Kentucky defeats Wright State 80-76
Led by Dan Gherezgher Jr.'s 17 points, the Northern Kentucky Norse defeated the Wright State Raiders 80-76ABC News - 5d -
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.The New York Times - 2d -
Grace Slick on sex, drugs and Jefferson Airplane: ‘I was sober in the 80s. That was a mistake’
She topped the charts, dropped the F-bomb on US TV, was ghosted by Jim Morrison and planned to spike Richard Nixon’s tea with LSD. Now 85, the legendary singer tells all. Rock’n’roll might not be ...The Guardian - 2d -
Dog walker, 80, 'racially taunted' before fatal attack
A 15-year-old boy and 13-year-old girl are accused of killing Bhim Kohli at a park in Leicestershire.BBC News - 2d -
Amazon surpasses Walmart in revenue for the first time
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.CNBC - 6d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 6d -
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts' expectations for quarterly revenue in its top two categories.CNBC - 20h -
Measles outbreak in Southwest sickens nearly 100 people
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Measles oubreak sickens dozens in Texas, New Mexico An outbreak of measles is wreaking havoc in the South ...The Hill - 2d -
Motorola Moto G Power 2025 Review: Nearly There
Motorola’s newest budget phone retains many of the hallmarks of its excellent predecessor but regresses on performance.Wired - 2d -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - 6d -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - Feb. 20 -
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Weather forecasting takes big step forward with Europe’s new AI system
Predictions for up to 15 days ahead expected to improve tracking of extreme eventsFinancial Times - 2d -
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - 2d -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - 1d -
This neat trick makes it simpler to forecast a decade of stock-market returns
A new research paper finds that there’s a simpler way of cyclically adjusting earnings to forecast future returns using just one year’s data instead of ten.MarketWatch - 1d -
Salesforce makes a pitch for AI ‘agents,’ but its tempered forecast spooks investors
Shares of Salesforce fell after hours on Wednesday after the customer-service and workplace-analytics platform’s full-year outlook came in below expectations.MarketWatch - 19h -
G. Ray Hawkins, gallerist who championed photography as fine art, dies at 80
G. Ray Hawkins launched the first public gallery in Los Angeles devoted to photography and showcased the work of giants including Ansel Adams, Man Ray and Paul Outerbridge during his careerLos Angeles Times - Feb. 18