UK business
AI darling Nvidia’s sales forecast fails to meet lofty expectations: Nvidia shares fell and lost US$200 billion in market value despite revenue more than ...
straitstimes.com/business/ai-darling-nvidia-s-sales-forecast-fails-to-meet-lofty-expectations
Key FactsNvidia's Disappointing Forecasts Lead to Stock Plunge
Aug 28, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Nvidia's shares dropped 6% following underwhelming quarterly forecasts.
- The revenue forecast for Q3 stands at $32.5 billion, with a gross margin estimated at 75%.
- CEO Huang confirmed a delay in Blackwell chip production until Q4, while demand for Hopper chips remains robust.
- Concerns about the long-term viability of generative AI investments may impact the tech market.
Popular health and wellness retailer opens new Chester city centre store: The new branch is on Eastgate Street
cheshire-live.co.uk/news/chester-cheshire-news/holland--barrett-opens-new-29816033
The Sentinel Aug 17 24
Pub landlord's plea to come in for pint after Hanley riots decimate trade: Rob Ledgar, of the Coachmakers Arms, says business has been 'quiet' since ...
stokesentinel.co.uk/news/stoke-on-trent-news/pub-landlords-plea-come-pint-9484300
The Sentinel Jul 30 24
Hanley Cineworld escapes first round of cinema closures: The chain has confirmed six sites will shut
stokesentinel.co.uk/news/stoke-on-trent-news/hanley-cineworld-escapes-first-round-9447362
The Sentinel Jul 12 24
Future of Hanley Carpetright in doubt amid administration threat: Carpetright employs more than 1,800 people and has 272 branches
stokesentinel.co.uk/whats-on/shopping/future-hanley-carpetright-doubt-amid-9407384
The Sentinel Jun 30 24
The Entertainer to open inside Hanley Tesco: The Entertainer already has a store in The Potteries Centre
stokesentinel.co.uk/whats-on/entertainer-open-inside-hanley-tesco-9375503
Queenstown mail undelivered amid NZ Post dispute: Residents of a new Queenstown development have lost contact with family members, while other homeowners have ...
odt.co.nz/regions/queenstown/queenstown-mail-undelivered-amid-nz-post-dispute
trib.al Jun 14 24
Tesco Get 'Em: Get briefed ahead of your morning calls with the latest UK business headlines, key data and market reaction
trib.al/Hb5kLOV
Sussex man attempts Pacific Crest Trail for a second time: Piers Ellison will walk from the USA's border with Mexico all the way up to Canada.
bbc.com/news/articles/cm55e8mzvr1o
Ancient Oaks Surround This $6.5 Million Northern California Wine Country Retreat: The Santa Rosa property comes to market with seven bedrooms, a plunge pool ...
robbreport.com/shelter/homes-for-sale/6-5-million-home-lists-california-wine-country-1235631167/