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Amazon Having Issues Boosting Project Kuiper Satellite Production: Report
Apple Sees €500M Fine, While Meta Gets €200M Penalty in EU
"Three bearish factors" are about to test NVIDIA.
The "three bearish" factors include: the AI diffusion rules that will take effect on May 15, the AI demand and capital expenditure from large clients in the USA, and the potential impact of tariffs on profit margins. After accounting for a $5.5 billion expense, Citigroup expects NVIDIA's upcoming first-quarter sales to be only about $0.5 billion higher than market expectations. More concerning is the outlook for the second quarter, where Citigroup predicts sales will remain flat quarter-on-quarter at about $44 billion.
Earnings Scheduled For April 23, 2025
Amazon CEO Jassy Reveals What's Kept Him At The Tech Giant For Nearly 3 Decade: Here's How AMZN Stock Has Done Since He Replaced Bezos
Express News | Tech stocks surge in pre-market trading, with Tesla up nearly 5% after its earnings report, while Nvidia and Meta are up 4%.