Day: February 26, 2025
Director of National Intelligence Tulsi Gabbard described the energetic feeling in the room during President Donald Trump’s first Cabinet meeting.
Welcome to The Hill’s Technology newsletter{beacon} Technology Technology The Big Story Musk emphasizes DOGE work modernizing fed computers Elon Musk dominated President Trump…
Nvidia (NVDA) reported quarterly results with earnings and revenue figures beating estimates. Morningstar equity strategist Brian Colello joins Yahoo Finance’s special coverage of Nvidia’s earnings report to discuss the chipmaker stock’s valuation following the print. The strategist has a fair value estimate for Nvidia stock at $130, around where the stock is trading at the time of the earnings release. Colello explains, “There’s upside in the short term based on the high [capital expenditure] CapEx spending of the hyperscalers and Nvidia’s supply constrained and selling everything they can for 2025.” Concerning the risk to Nvidia, Colello notes, “At what point do the hyperscalers optimize spending? If you think medium to long term, what’s the growth trajectory look like?” He adds, “The hyperscalers … are completely reliant on Nvidia today, and they have all the incentive in the world to not be reliant on them in the future. We’ll see when that crosses over.” Watch Yahoo Finance’s full Nvidia earnings special here or catch the replay on streaming platforms at 8 p.m. This post was written by Naomi Buchanan.
Justices appeared sympathetic to a woman who claims she was denied jobs because she is heterosexual.
A memo from the White House has directed federal agencies to plan for layoffs, causing concern among federal workers.
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Nvidia beat expectations on quarterly revenue and earnings as investors watch closely for clues on how the company is weathering the emergence of a powerful new Chinese AI model.