US EditionAI Bubble Worries Grow Ahead of Nvidia Earnings
Chinese benchmarks fell due to heavy selling in property and pharmaceutical sectors amid concerns over U.S. tariffs and Federal Reserve interest rate policies, with Nvidia earnings awaited.
- Asian bourses were mixed Wednesday while Nvidia's earnings loomed, with Chinese benchmarks shedding early gains amid heavy selling in property and pharmaceutical stocks.
- The Fed's pause and tariff concerns have increased policy uncertainty, as businesses warn of higher costs and U.S. President Donald Trump's feud with the Fed adds market unease.
- Across the region, top markets recorded modest changes as the euro fell to $1.1610 from $1.1643 and U.S. benchmark crude oil shed 20 cents to $63.05 a barrel.
- Last week’s Wall Street gains, driven by rate-cut hopes, left U.S. indexes modestly higher in recent trading, supporting market optimism.
- China's profit figures show mixed signals, as economists expect July inflation near 2.6% and China's industrial profits improved 1.7% Jan–July but fell 1.8% in July.
37 Articles
37 Articles
Nvidia Anticipated to Hike Financial Guidance Amid H20 Shipments Renewal, Stifel Reports - Real News Now
Stifel, a leading investment firm, predicts that Nvidia will outperform expectations and hike its financial guidance as it resumes H20 shipments in July. Nvidia (NVDA) is set to announce the results of its second fiscal quarter after the business hours on Wednesday, August 27. An earnings discussion via conference call is on the agenda at 5:00 pm ET. During the company’s previous earnings discussion, Nvidia signaled that their Q2 predictions enc…
AI bubble worries grow ahead of Nvidia earnings
Concerns about an artificial intelligence (AI) bubble across the U.S. technology sector are simmering ahead of the second-quarter earnings report from Nvidia, to be released after financial markets close on Wednesday. The maker of processors for data centers and server farms is seen as a bellwether for the AI subsector of the tech industry, which…
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World shares are mixed and US futures are flat ahead of Nvidia's earnings update
World shares are mixed ahead of an earnings update by computer chip giant Nvidia. Chinese benchmarks turned lower on heavy selling of property and pharmaceutical companies. U.S. futures and oil prices were little changed. Markets were closed in India for…
Asian shares are mixed, with Chinese benchmarks sinking ahead of Nvidia earnings update
Shares were mixed Wednesday in Asia, with Chinese benchmarks shedding early gains on heavy selling of property and pharmaceutical companies. U.S. futures were little changed as investors awaited an earnings update from computer chip giant Nvidia, due after trading ends Wednesday in New York. The artificial intelligence bellwether's quarterly report is expected to help clarify whether markets have been soaring on an overhyped bubble or AI is a te…
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