Nvidia stock rises modestly as Wall Street applauds Blackwell AI sales but notes gross margin miss
Nvidia (NVDA) stock fell more than 3% midday Thursday after the company’s fourth quarter earnings topped Wall Street’s expectations but its outlook for first quarter gross margin came in lower than estimates.
Nvidia guided for a gross margin of roughly 71% for the first quarter, lower than its 73% gross margin in the fourth quarter.
Read MoreSome government workers will soon get full Social Security benefits. Here's what to know.
WASHINGTON — About 94,000 Louisiana government retirees immediately will begin receiving their full Social Security benefits from any private employment that had been docked for years because they also received public service pensions.
And that’s going to start off with a lump sum check to cover the past 14 months,
If You Think This Is A Stock Market Correction, Just Wait…
Michael Kramer is the founder of Mott Capital, and is a long-only investor who focuses on macro themes and studies trends and options activities to identify and assess entry and exit points for investments in his long-term focused thematic growth strategy.
» Read more about: If You Think This Is A Stock Market Correction, Just Wait… »
Read MoreAmerica First? Not when it comes to stock markets worldwide
The steep divide means other stock markets now don’t look as pricey as Wall Street.
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Originally Published: February 27, 2025 at 9:38 AM PST
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Read MoreThese 4 Countries Have Faster GDP Growth Than the US
The U.S. economy is facing an unexpected downturn in 2025, with the Atlanta Federal Reserve projecting a 1.5 percent GDP contraction in the first quarter, reversing earlier expectations of 2 percent growth.
This sharp shift has intensified fears of a potential recession under President Donald Trump, with concerns over a so-called “Trumpcession”
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Read MoreThe Burst
Is This Crypto The Next Ethereum?
Bitcoin (BTC) and Ethereum (ETH) still stand out as the two most popular cryptocurrencies. For years, Bitcoin was the only option for investors interested in the benefits of non-fiat currency. Ethereum is the only crypto that has come close to dethroning BTC. Now, there’s a chance that Solana (SOL) could emerge as a new contender.
» Read more about: Is This Crypto The Next Ethereum? »
Read MoreThe Ivy
Alert: 1 Profitable Fintech Has 57.4% Upside
Investment Alert: Buy Lending Club (LC)
Like other lenders. Lending Club is susceptible to credit and interest rate risk. But the share price has fallen to the point that the cash on its balance sheet now…
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