Denise Cheung, a senior federal prosecutor in Washington, resigned citing an improper demand by Trump administration appointees to launch a criminal probe into a government contract awarded under former President Biden. Cheung declined to open a grand jury investigation due to lack of evidence, and was then ordered to pursue an asset freeze. Her resignation is part of a trend of career Justice Department prosecutors protesting political interference by the Trump administration in criminal investigations.
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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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