Brazil’s prosecutor-general has charged former President Jair Bolsonaro and 33 others for attempting a coup to stay in power after losing the 2022 election to current President Luiz Inácio Lula da Silva. The scheme allegedly involved spreading distrust of the electoral system, drafting a decree for legality, pressuring military officials, and inciting a riot. If the charges are accepted by the Supreme Court, Bolsonaro will stand trial, despite denying any wrongdoing and dismissing the allegations.
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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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