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Earnings Scheduled For March 5, 2025
Trump threatened to abolish the chip law: they took the money but did not spend it, it is better to use it to pay off debt.
Trump stated yesterday that USA lawmakers should abolish the Chips Act, which provides $52.7 billion in subsidies for Semiconductor manufacturing and production, and that this money should be used to pay off debt. Some officials expressed concerns and criticisms regarding Trump's remarks.
NVIDIA, has everything come to an end?
Bernstein stated that although NVIDIA has not performed well this year, its valuation is becoming increasingly attractive. What Bernstein is truly concerned about is the rising regulatory pressure, namely that the USA government may introduce new regulations. Additionally, with every reduction of 10 billion dollars in revenue, NVIDIA's EPS would drop by approximately 0.25 dollars.
Express News | In overnight trading, CrowdStrike dips 10% with outlook missing estimates despite better-than-estimate revenue. AI-related stocks extend gains, SMCI rises 4%, Nvidia and Palantir up 2%.
Broadcom Shares Climb 6.5% After Key Signal, Bucking Market Weakness
Wall Street Today: S&P 500, Nasdaq and DJIA All Fall on Continued Tariff Fears
