The Nvidia Hujang CEO brings the main address at the Consumer Electronics Show (CES) 2025, which shows the latest innovation of the company in Las Vegas, Nevada, USA, January 6, 2025.
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The income of Nvidia 2024 was more than doubled compared to a year earlier, beating the expectations of analysts. Furthermore, the company expects that sales in the current quarter will continue to grow faster than the Wall Street estimate.
A large part of this belongs to Nvidijin New Blackwell Chip for artificial intelligence, into which large technological companies pour billions. The chip manufacturer also reduced the concern about Deepseek, saying that more effective AI models require an abundance of processing forces in the long run.
In the meantime, consumer surveys from the consumer committee and the University of Michigan show enhancement of concern about the economy and inflation.
It is culminated in a 10-year-old treasure trove that has passed under that quarterly note, causing a “reverse yield curve”-a stolen and mostly accurate, sign of the upcoming recession within 18 months.
Even while Nvidia enters revenues and Big Tech progresses with Capex, the confidence in the American economy seems to be gently swinging. It remains to be seen whether this can stabilize technology.
What you need to know today
Nvidia wins expectations, provides pink guidelines
Nvidia reported The earnings of the fourth quarter After the bell on Wednesday beat the expectations on Wall Street. The net income increased to $ 22.09 billion during the quarter, which is 80% jump with $ 12.29 billion over the same period a year earlier, while a quarterly revenue increased by 78%. Nvidia also offered guidelines for a liquid quarter that is greater than LSEG estimates. But its growth rate slows down – the stocks have fallen 1.5% in extended trading. Still, executive director Jensen Huang is convinced that the next generation will need 100 times more calculating than older models.
S&P and Nasdaq pierce a loser string
Wednesday, both S & P 500 and Nasdaq composite interrupted their four -day losses. The widespread index marked 0.01%and Nasdaq progressed 0.26%. AND Dow Jones industrial averageHowever, 0.43%fell. Asian-Pacific markets have been mixed on Thursday. Japanese Nikkei 225 increased about 0.3% even as Seven II stocks have fallen as much as 12% after the company said The founder family failed to ensure funding Required to buy a shop operator.
Economic announcements at a Chinese meeting
China will hold its annual parliamentary gathering, known as “two sessions”, starting with Tuesday. At the introductory meeting expected Beijing Reduce your annual goal of consumer prices inflation at about 2% of 3% or more in previous years, according to The Institute of Politics of the Asian Society. Analysts also think China will increase their budget deficit, which would allow significant incentive measures.
US Curve Inverted
AND 10-year treasury yield passed under the one of 3-month note on Wednesday trading, which led to “reversed curve of yield. “This is seen as a predictor for a recession. In fact, New York Fed considers him such a reliable indicator that he is Offers monthly updates regarding the percentage prospects on the recession that happened in the next 12 months.
[PRO] Nvidia shares to shake the market
Nvidia earnings, which came out after the bell, will have a greater effect on the stock market in the next two days, according to Goldman Sachs. Two reasons They are preoccupied behind Nvidia, this time a huge influence.
And finally …
Tesla CEO Elon Musk has postponed a scheduled trip to India this week, where he was supposed to meet Prime Minister Narendra Modi, stating “heavy Tesla’s obligations.”
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Modi wants Tesla to build cars in India. Making a plan may not be easy
India hoped that Tesla would establish a production base in the country. And a car manufacturer that has long appeared to be reluctant to signal interest in the market, just as the Indian government is trying to welcome the new policy of tariffs of electric vehicles.
Last year, India introduced EV policy proposing to reduce import duties on EVS to 15% with about 70%, Given that the Government began to accept applications in accordance with this policy before the end of March, according to the domestic news agency IANS. EV policy is a targeted move to attract Tesla’s business interests, signaling the willingness of India to support EV production, Ammar Master, Automotive Director on Globaldata, for CNBC.
