Nvidia forecasts revenue below estimates as US restrictions cost $8 billion in sales

Elon’s secret master plan could be launching at any moment… [adv]

Nvidia forecasts revenue below estimates as US restrictions cost $8 billion in sales
Shares of the world’s most valuable semiconductor firmÂ still rose 3% in extended trading. The stock is relatively flat so far this year, compared with 2024 when the shares nearly tripled in value. Nvidia now faces trade restrictions on what it can sell, and the AI datacenter market is also maturing.Washing … Read More >>

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Salesforce raises annual results forecast on strong cloud spending
Shares of the company rose around 3% in extended trading. Cloud spending from major enterprises has remained resilient even amid global macroeconomic uncertainty over the past few months, as companies invest heavily in artificial intelligence to modernize their digital infrastructure.For Salesforce, higher cl … Read More >>

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Fed saw inflation, jobless, stability risks at May meeting, minutes show
WASHINGTON (Reuters) -U.S. Federal Reserve officials at their last meeting acknowledged they could face “difficult tradeoffs” in coming months in the form of rising inflation alongside rising unemployment, an outlook buttressed by concerns about financial market volatility and Fed staff warnings of increasing … Read More >>

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US judge grants Russian-born Harvard scientist bail in immigration case
(Reuters) -A federal judge in Vermont on Wednesday ruled that the continued detention by immigration authorities of a Russian-born scientist at Harvard University was unjustified, removing a key hurdle to the researcher being released from U.S. custody more than three months after she was detained at an airpo … Read More >>

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