Asian semiconductor-related stocks slumped on Thursday after Nvidia’s earnings forecast fell short of some investors’ high expectations, causing Nvidia’s shares to drop by 2.5% in extended trading to around $142.20 per share. The impact has spread to Asia, with stocks connected to Nvidia suppliers and other chip companies also experiencing declines, as noted by Daniel Newman, CEO at the Futurum Group, who highlighted the significance of meeting high-end expectations to avoid selling pressure.
Full Article
Aussie Storer scenting victory in Tour of the Alps
SummaryAustralian cyclist Michael Storer is leading the Tour of the Alps, maintaining a 41-second advantage after a challenging third stage. Storer had previously secured a significant lead by winning the second stage and is aiming for his biggest career victory, with Jai Hindley closely trailing in fourth place. As the tour progresses, Storer expresses confidence in his performance, attributing his success to improved strength and support from his team, while Hindley and other competitors remain...
Read more