A federal judge questioned Mayor Eric Adams of New York, his lawyer, and a Justice Department official over the decision to dismiss corruption charges against Mr. Adams. The judge examined the rationale for the dismissal and Mr. Adams’s consent during the 90-minute hearing. Despite the defense’s denials of quid pro quo and calls for dismissal, the judge did not issue an immediate decision, signaling that the legal saga surrounding the case is far from over.
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Nvidia Expected to Beat Earnings Estimates as Demand Offsets Supply Constraints
Nvidia is anticipated to surpass Q4 earnings estimates, with analysts expecting strong performance despite ongoing manufacturing challenges. The company is projecting a slight increase in Q1 guidance, slightly above average estimates, as supply constraints from GB200 NVL server production issues persist. Demand for H20 GPUs in China is rising due to DeepSeek's growth and a scarcity of Huawei's Ascend AI processors, while Nvidia's cloud service providers are funding inventories at electronic manufacturers. Nvidia shares rose...
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