They acknowledged there were issues with production, saying that it was making changes to the number of functioning chips that come out of factories. At the same time, the company expects to bring in several billion dollars of revenue in the fourth quarter from the product. Nvidia shares have fallen by around 7 in after hours trading in new york. Industry Expert Bob Odonnell explained the Market Reaction and what lies ahead for the company. I think when it comes to this brand and its particular earnings, all rationality has gone out the window. There is no normal metric being used or that can be used for this. There is so much attention from individual investors and from people doing options and futures, and everything you can imagine is being thrown at this. And so how it unscrambles all that is bound to get messy. Some people are saying, well, the growth was higher than the forecast, but still not high enough. Even though we forecasted it here, we wanted it to be here. Its like, you know, at a certain point, it gets to be absurd. Thats why all rationality has gone out the window. It is still strong growth, but eventually, you do hit the law of big numbers, where growth is going to slow on a Percentage Basis but the absolute dollars are still enormous. And lets not lose sight of that. We are very much in the very beginnings and early innings of the infrastructure ai build up. I mean, this ai impact is a multiyear phenomenon, and the market doesnt know how to do multiyear phenomenons. They like things that happen here and now. And this is going to keep building for a long time. They have positioned themselves quite well here. Obviously you run into a lot of big numbers at some point and eventually we will start to see that, but they are continuing to outperform expectations because there is such huge demand, and what is interesting about this is the fact that most of the focus up until now has been on the big cloud guys, amazon, microsoft, google, you know, the other players around the world, but now what we are also starting to see, and this was made reference to earlier, youve got sovereign governments that want to have this ai around the world. Youve got enterprises, companies, individual companies wanting to build their own ai infrastructure. And in fact, ive got some research that im just in the process of getting ready to publish that shows that theres strong interest in companies wanting to have some of these capabilities within their own data centres. So put all that together and the Enthusiasm And Eagerness is there. And the walls that nvidia has built up thanks to its cuda software. That is the opportunities its created for itself. Um, you know, give it a long runway. I want to show you some live pictures from japan and wear a typhoon has just pictures from japan and wear a Typhoon Hasjust made pictures from japan and wear a typhoon has just made landfall on the south western coast. This has caused toyota to suspend production at all of its Factories Injapan and authorities have issued Emergency Alerts for most part of the region and have warned of the region and have warned of torrential rain. Telegram Boss And Founder Pavel Durov has been placed under formal investigation in france as part of a probe into organised crime on the messaging app. Prosecutors say Mr Durov has not been remanded in custody. He has been placed under judicial supervision, and has to pay a 5. 6 million deposit. The russian born billionaire, was first detained upon arrival at an Airport North of paris last saturday. Staying with the aviation industry, australias National Carrier Qantas has just released its latest report card. It posted a 16 drop in annual profit, due to rising Fuel Costs and lower fares. Brendan sobie from Sobie Aviation told us the results werent surprising. In the more recent quarters we have seen this across the asian pacific with international markets starting to soften. So not a surprise, the Domestic Market remains very strong. It will get stronger even potentially given the recent collapse of the two competitors, Rex Exiting after the year ended. Not too surprising, a good outlook and high probability for the next year, it is not going to be as high as what was on the first two years after covid. They have also halted their sydney to shanghai flights. Is that indicative from what we are seeing from the demand from the China Market in particular . It is indicative of what foreign airlines, are seeing in the China Market, which is a softer demand and has not fully recovered and intends competition from the chinese careers who are back at full capacity overall on the international market. In markets like australia as well as europe and other markets, they have been expanding a lot, and it is hard for the foreign airlines including qantas to compete in that environment and a lot of them have decided to cut down or pull out entirely from china because there are better places to put your aircraft these days. The other markers are softer than they were a year ago but much stronger than china so it is a No Brainer to move capacity from china if yuri foreign airline and not lead on these routes. The indian Competition Regulator has approved a 8. 5 billion merger between Disney And Reliance industry. The commission previously raised concerns that the merger could create a monopoly. The deal will create indias biggest Entertainment Giant and broadcasting rights for major sports tournaments. Suchis such is the Premier League and wimbledon. More details are expected in the coming days. Continuing our series on ageing populations across the world. Today were looking at singapore, where people are both living longer than ever and having fewer children than ever. Soon, a shrinking young workforce will have to prop up an ever expanding group of retirees, who also now live alone in record numbers. Faced with a potential social and economic crisis, Singapores Government has encouraged its senior citizens to keep working. Our Reporter Nick Marsh went to meet some people who are doing just that. Martin goh is well known in this part of town. Its herjob to deliver Lunch And Dinner to people who struggle to leave their homes. Living alone, she signed up to a scheme that uses Government Money to offer retirees paid odd jobs in their community. I do nothing at home. Sweeping, mopping. So when this chance comes by, ijust grab to make my life more fulfilling and more purposeful. Loneliness is starting to be an issue in singapore. By 2026, the country is on track to become a super aged society, with one in 5 people being over 65. Naturally, people want to retire at an early age and enjoy their life. But from an economic perspective, this is not sustainable and that is going to become a very heavy burden for the government. Working into old age would solve a lot of problems, but for many, its not exactly the most thrilling prospect. Back into work. It depends on i dont like to work any more. No use. Who is going to employ you . Nobody. They are looking for young guys, young young people, youngsters and all this. Singapores government knows this. And its paying companies to hire over 60 by offsetting part of their wages. The older they are, the more subsidies a firm receives. Persuading the people here to return to work is one thing, but getting employers to actually hire them. Well, thats arguably an even bigger challenge. You can keep throwing public money at the problem, but only for so long. What the government really needs is for the private sector to start thinking very differently about age. Before retiring, edna worked at one of singapores biggest banks for 50 years. Shes back after signing up for a temporary work scheme, it means that when projects or part time vacancies pop up, managers have a ready made pool of experienced workers to draw from. It might help me, i will continue, you know, if they need me or they need my help, i will still continue. Madame goh, meanwhile, was working double duty the day we met her, taking attendance at her local exercise class. She also says that Shell Carry on as long as she physically can. In singapore, as in other countries, its a scenario that workers and employers will find increasingly common. Nick marsh, bbc news, singapore. Plenty to think about where that story. See with the same time tomorrow, bye for now. Hey, imjulia with the catch up. Tonight drinking at the airport, a deal for the Kelsey Brothers and the new netflix and chill. But first, Should Flavoured Disposable Vapes be banned . The British Medical Association say the government should get rid, because the Branding Appeals to children. And although it is illegal to sell vapes to anyone under 18, experts say about 8 of people between 11 and i7 are in the habit. Some people worry a ban could make people get them illegally. Some other stories now. If you are getting on the plane, you shouldnt be allowed more than two alcoholic drinks at the airport. Thats what michael 0leary, boss of ryanair, has said. He believes it would tackle the amount of aggressive behaviour happening on board, especially to places like ibiza and the greek islands. Nfl fans and swifties will know travis and Jason Kelce well, they have signed a Podcast Deal with amazon reportedly worth 100 million. It is a three Year Contract for exclusive rights to their show new heights. And if you are invited to play badminton, that might be more than you bargained for. A new teachers� guide in Hong Kong suggested teenagers who wanted to have sex could play badminton together instead, and they have accidentally started a new trend. One person posted this was the new � netflix and chill� and had over 10,000 reactions. And we will leave you with ten seconds of high speed chasing. This is the Mexican Navy going after drug boats where eventually 15 people were detained across two chases and the authorities found 7,200 kilos of drugs. Youre all caught up now have a good night. Hello and welcome to sportsday. Coming up on the programme under Sunny Skies in paris, the Paralympic Games get under way with a glittering Opening Ceremony welcoming athletes from 168 delegations who will compete over the next 11 days. Romanian Qualifier Elena Gabriela ruse ousts the wimbledon Champion Barbora Krejcikova at the us open. And leading from the front 0llie Pope says he cant let the England Captaincy affect his batting. Welcome along to the programme. French president Emmanuel Macron has officially declared the Paralympic Games open in paris during a ceremony full of Colour And Energy as the sun slowly set in the capital city. Conditions were glorious for the first Paralympics Curtain Raiser to be held outside a stadium. Proceedings at the Place De La Concorde began with a big show of blue, white and red fireworks. The Patrouille De France also painted the skies above with the french flag
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