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Ives: Nvidia Earnings Could Be the Next Big Catalyst for AI Stocks

Nvidia's earnings report on Wednesday will likely serve as another reminder of the company's commanding lead. Analysts estimate that revenue nearly doubled last quarter from a year earlier to $92 billion. That's more money than any of its rivals get in a full year. But the flood of cash with sky-high profit margins only makes its turf more attractive. Meanwhile, some of Nvidia Corp.'s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases, people familiar with the matter have said. Dan Ives, Partner and Senior Managing Director at Yorkville Ives, joins for a closer look.

Read more: Ives: Nvidia Earnings Could Be the Next Big Catalyst for AI Stocks
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Financial

Alibaba Drops, SoftBank Bond Sale, Bitcoin Rally | Stock Movers

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Alibaba (BABA) is tumbling after announcing a plan to raise about HK$80 billion ($10.2 billion) from a share sale. The share placement is expected to dilute earnings and hurt stock performance in the near term, analysts said. Meanwhile, the fundraising will help drive AI-led growth and the impact on earnings will be limited if the company can improve AI payoffs, they added. The tech and chip sectors are seeing a broader selloff globally. - SoftBank (SFTBY) is moving on news it plans a record ¥1 trillion retail bond sale to raise funds for its investment commitments to OpenAI. - Bitcoin (BTC) is continuing its rally. Spot Bitcoin exchange-traded funds had their strongest weekly inflow in 10 months last week as the original cryptocurrency surged.

Read more: Alibaba Drops, SoftBank Bond Sale, Bitcoin Rally | Stock Movers
Bloomberg
Financial

US-Canada Tariff War Escalates After Collapse of Talks

Brian Gardner, chief Washington policy strategist at Stifel, discusses the collapse in trade negotiations between the US and Canada. The US implemented a new 50% tax on imports of hundreds of Canadian items including furniture, plastics, plywood and electrical equipment on Saturday. He speaks on Bloomberg Television.

Read more: US-Canada Tariff War Escalates After Collapse of Talks
Bloomberg
Financial

Guggenheim's Walsh Says Accounting Was 'Appropriate' at GPI Unit

Guggenheim Partners is working with regulators as they probe a business accounting issue at one of its subsidiaries, according to Anne Walsh, chief investment officer of the firm's asset-management business. Walsh says the firm is cooperating with regulators. She speaks on "Bloomberg Surveillance."

Read more: Guggenheim's Walsh Says Accounting Was 'Appropriate' at GPI Unit
Bloomberg
Financial

Hard to See What Can Stop Upward Trend in Yields, BNP Paribas Says

Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses concerns over ballooning US fiscal deficits and persistent inflation which sent long-dated yields to multi-decade highs last week. Speaking on Bloomberg Television, she also looks ahead to Federal Reserve Chairman Kevin Warsh's Jackson Hole speech on Friday.

Read more: Hard to See What Can Stop Upward Trend in Yields, BNP Paribas Says

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