New York Gov. Kathy Hochul is considering adding oversight to the New York City mayor’s office amid Mayor Eric Adams’ legal troubles and alleged cooperation with President Donald Trump. Instead of removing Adams, Hochul may appoint an independent monitor at City Hall. Adams faces charges of wire fraud, bribery, and soliciting campaign funds from foreign sources, with Democrats accusing him of trying to strike deals with the Trump administration. Hochul is waiting for a federal judge’s ruling before making any official announcements.
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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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