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The CEO of Nvidia, Jensen Huang, arrives to attend the Siliconware Precision Industries Co. (Spil) opening ceremony in Tan Ke Plant Site in Taichung, Taiwan, on January 16, 2025.
Ann Wang | Reuters
Nvidia’s income in 2024 doubled compared to a previous year, exceeding analysts. In addition, the company expects sales in the current quarter to continue growing at a faster rate than Wall Street estimates.
Much of that falls on the new Blackwell artificial intelligence chip in Nvidia, in which large technology companies are arriving billions. The chips manufacturer also minimized Deepseek concerns, saying that the most efficient AI models still require a lot of long -term processing power.
Meanwhile, consumption surveys of the consumer board and the University of Michigan show intensifying concerns about economics and inflation.
That is culminated in 10 -year Treasury performance that passes under the 3 -month note, causing an “inverted yield curve”, an accepted and large extent of an imminent recession within 18 months.
Although Nvidia is raising income and Big Tech is advancing with Capex, the confidence in the economy of the United States seems to be staggering slightly. It remains to be seen if technology can stabilize that.
Nvidia exceeds expectations, provides a pink guide
Nvidia reported Fourth quarter gains After Wednesday’s bell overcome Wall Street expectations. Net income during quarter increased to $ 22.09 billion, a jump of 80% of the $ 12.29 billion in the same period of the previous year. Quarterly income increased by 78%, and the full income of the fiscal year for NVIDIA increased 114% to $ 130.5 billion. Nvidia also offered guidance for the current quarter that is higher than LSE estimates. But its growth rate is slowing down: the shares fell around 1.5% in the extended trade.
Salesforce sales fell short
Salesforce Wednesday reported weakest quarterly income than expected and gave a disappointing orientationwhich makes its shares fall more than 5% in extended trade. Quarterly revenues reached $ 9.99 billion, an increase of 7.6% of a year ago in the quarter that ended on January 31, but did not reach $ 10.04 billion expected. Salesforce’s objective for profits adjusted by action and income in fiscal year 2026 was also below the LSEG consensus expectations.
S&P Y NASDAQ Break Streaking Streak
Wednesday, both S&P 500 and Nasdaq compound He broke his four -day losing gusts. The wide base index increased 0.01% and NASDAQ advanced 0.26%. He Dow Jones industrialHowever, 0.43%fell. Paneuropeo Stoxx 600 The index rose 0.99%. Germany Dax increased 1.71%, extending your rally That began after the federal elections of the country during the weekend.
US performance curve. UU. Inverted
He 10 -year Treasury Performance past below the 3 -month note In Wednesday’s trade, giving rise to a “Inverted performance curve“It looks like a predictor of recessions. In fact, New York’s Fed considers such a reliable indicator that It offers monthly updates on the relationship together with the percentage probabilities of a recession that occurs in the next 12 months.
(PRO) NVIDIA Actions to Shake Markets
Nvidia’s profits, which came out after the bell, will have a larger effect than usual on the stock market in the next two days, according to Goldman Sachs data. Two reasons They are behind Nvidia’s huge influence this time.
Photo of the Archive: Republican presidential nominated and former president of the United States, Donald Trump, and the president of Ukraine, Volodymyr Zelenskyy, meet at the Trump Tower in New York City, USA, UU., September 27, 2024.
Shannon Stapleton | Reuters
The president of the United States, Donald Trump, said on Wednesday Ukrainian President Volodymyr Zelenskyy would visit the United States on Friday to sign an agreement on critical minerals of rare earths. Referring to the trip as “confirmed,” Trump said during his first cabinet meeting: “We are going to sign an agreement that will be a great agreement, which will be in rare earths and other things.”
The authorities in kyiv said Wednesday that Ukraine and the United States have prepared a draft access to kyiv deposits of rare earth minerals and a joint investment fund for the reconstruction of Ukraine. When describing the draft agreement as a “Framework Agreement,” Zelenskyy told reporters that the agreement included the intention of creating a joint investment fund with the United States, in which Ukraine would contribute to 50% of all income obtained from the future monetization of their natural resources assets.