Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When regular companies report quarterly earnings, investors peruse them, and the shares move up, down or sideways. When those earnings come from Nvidia, however, the financial world tilts on its axis. The chipmaker’s stock dipped … Read more
A large portion of Nvidia’s growth this quarter was driven by data center revenue, totaling $30.8 billion for the quarter, which was up 112 percent from last year. The company’s gross profit margin was 74.5 percent, essentially flat from a year ago. But analysts expect that Nvidia’s margins could shrink as the company shifts to … Read more
Editor’s note: This article was last updated in November, 20, 2024. Need a gift for a guy in your life? Let’s dive into the best holiday gifts for men this year. Whether he’s a big traveler, a stylish gentleman or a grill master, we have some fresh and thoughtful ideas for you! See below for … Read more
Manchester City will be looking to extend their unbeaten run in the UEFA Women’s Champions League as they travel to Stockholm to face Hammarby on Thursday evening. The Cityzens continued their European dominance at the Joie Stadium last week, defeating Hammarby 2-0 thanks to goals from Laura Blindkilde Brown and Aoba Fujino. The English side … Read more
Giraffe populations are in trouble — and the U.S. Fish and Wildlife Service on Wednesday proposed listing three subspecies of the tall animals as endangered and two species as threatened under the Endangered Species Act. Their populations have been declining because of poaching, habitat loss and climate change, officials said. While giraffes are not native … Read more
In a stunning fall from grace, the billionaire chairman and founder of Adani Group, Gautam Adani, was accused of being part of a colossal alleged bribery scheme involving subsidiaries Adani Green and Azure Power, the latter of which traded on the New York Stock Exchange. Adani, 62, his nephew Sagar Adani, 30, and half a … Read more
Social media platform Reddit is experiencing an outage this afternoon, resulting in thousands of users being unable to access its website and app. Reddit confirmed that it’s currently investigating the issue, according to its status page. We discovered the outage ourselves when attempting to visit the homepage, which displayed a black screen with the message: … Read more
Talk about going HARD for your kid! Two Florida parents are facing charges after double-teaming a school resource officer. According to the Associated Press, the mother pushed the female officer while the dad punched her in the face. The Orlando Sentinel has identified the parents as 46-year-old Jorge Rivera and 45-year-old Dagmarie Aponte Iturrino. Officials charged … Read more
At least 150 people have been killed in Port-au-Prince over the past week, the United Nations says, as the Haitian capital reels from a surge in gang violence. In a statement on Wednesday, the UN Office of the High Commissioner for Human Rights said more than half of the deaths – at least 55 percent … Read more
By Max A. Cherney, Arsheeya Bajwa, Stephen Nellis (Reuters) -Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, failing to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara, California-based company fell 5% after it posted results but quickly pared losses to … Read more