Analysts have high expectations for Nvidia’s fiscal 2025 third-quarter earnings report, with projections of a profit of 75 cents per share on revenue of $33.16 billion, reflecting over 80% growth from the previous year. The company’s Blackwell graphics processing unit is anticipated to drive significant revenue, with analysts predicting between $5 billion and $8 billion in Blackwell sales in the January quarter. Despite concerns about overheating issues and AI scaling slowdown, analysts remain bullish on Nvidia’s performance and potential, with expectations of strong results driven by solid sales of its Hopper GPU and expanding AI opportunities.
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Adani Group slams ‘baseless’ New York fraud and bribery charges
Gautam Adani, chairman of Adani Group, emphasized the necessity of fossil fuels for India's large population at the Forbes CEO Summit in Singapore, stating an immediate elimination of fossil fuels would not be feasible for the nation. The Adani Group has denied allegations of bribery and fraud made by U.S. authorities against Gautam Adani, with shares of companies in the group plummeting following the indictment of Adani in a New York federal court for an...
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