analysts
Nvidia beat forecasts again in its third-quarter results on Wednesday.CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated.One analyst says some investors are concerned about a possible slowdown in future growth.Nvidia delivered another strong set of quarterly results on Wednesday, sparking positive initial reactions…
By Melanie Burton MELBOURNE (Reuters) – BHP Group (NYSE:) is likely to flesh out plans next week to spend at least $7 billion over the coming years to recover more metal from the world’s biggest mine, Escondida in Chile, investors and analysts said on Thursday. The world’s biggest listed miner…
By Timothy Gardner WASHINGTON (Reuters) -Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran’s top crude customer, to cooperate, analysts said. Cracking down on OPEC-member Iran would…
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing’s shares rose 4% on Monday on hopes of an end to a crippling strike, although analysts expressed doubts that the proposed labor contract unveiled over the weekend would muster enough support from workers. About 33,000 workers will vote on the contract proposal…
AMD launched the Instinct MI325X accelerator on Thursday, and shipping starts later this fall.The new chip offers better performance than Nvidia’s H200 yet lags behind Blackwell, analysts say.AMD’s stock dipped over 4% post-announcement, reflecting only modest excitement amid competition. AMD CEO Lisa Su announced Thursday the launch of the Instinct…
Tesla’s “We, Robot” event left analysts with more questions than answers.Wall Street was broadly disappointed by the lack of detail, and skeptical of Elon Musk’s timeframes.The EV maker’s stock dropped as much as 7% in premarket trading on Friday. Elon Musk’s “We, Robot” event on Thursday night failed to impress…
By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) -Hurricane Milton could result in losses of up $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices that could boost some insurance companies’ shares, analysts said on Wednesday. The Category 5 hurricane is expected to make…
Walmart’s logistics business is pressuring Amazon’s own, according to Wells Fargo analysts.Walmart is offering a cheaper version of Fulfillment by Amazon, which could limit Amazon fees.Wells Fargo cut its rating on Amazon to equal weight from overweight Amazon’s fulfillment business is feeling the pinch from another major retailer: Walmart.The big-box…
DETROIT (Reuters) – European automakers are most likely affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could hit the industry more broadly if suppliers suffer, analysts said. The dockworkers began their first large-scale stoppage…
Earlier this month, a spokesperson for Turkey’s ruling AK Party said that a process was “underway” for Turkey to join the BRICS group of emerging-market nations.”Our president has stated at various times that we want to be a member (of BRICS)… Our request on this issue is clear. This process…
