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Nvidia Projects Sales of $65 Billion, AI Demand Strong
Nvidia Corp. gave a strong revenue forecast for the current period, with sales expected to be about $65 billion in the fiscal fourth quarter. Analysts estimated $62 billion on average. The outlook signals strong demand for Nvidia's artificial intelligence accelerators. Matt Bryson of Wedbush Securities joins "Bloomberg The Close" with an ...
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0:29
Wealth Office on Instagram: "A $3.2 billion brand just 4 years ago— Krispy Kreme now faces a stark reality with a valuation of just $674 million; and declining… So, what’s going wrong? Failed Partnerships: The collaboration with McDonald’s, initially seen as a growth opportunity, ended due to unmanageable costs and operational challenges. Cybersecurity Breach: A significant cyberattack disrupted online operations, leading to financial losses and eroding consumer trust. Declining Sales: Both U.S.
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