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Transcripts For BBCNEWS Business Today 20240829

Several weeks ago. 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 o donnell 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

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Transcripts For BBCNEWS Business Today 20240829

Going to pursue in germany. Let s not forget that germany was always the country in the european union, or at least the largest country um, supporting brexit to the very end. Sorry, supporting britain, not brexit to the very end. So i think germany is the place to go to get some gains without going all the way into eu participation. In the news today. . . Lego, the world s biggest toy maker, is outperforming the wider toy market. In its half year results out today, revenue climbed by 13% between january and june reaching the equivalent of 4. 65 billion dollars. Joining me now is niels christiansen, ceo of lego. Thank you forjoining us. So lego is outperforming the wider toy market, what do you think it is setting your retail strategy apart from others in the sector? i retail strategy apart from others in the sector? ~ , retail strategy apart from others in the sector? the sector? i think it is probably not one silver the sector? i think it is probably not one silver bullet, the sec

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240829

Strong do you think demand is right now for these chips? fist right now for these chips? at the right now for these chips? git the moment it is incredible. They can t make enough. They are the real superstar of the ai sector at this moment. They had the market to themselves. They are a good indicator of both the market itself but also of the position and the fact that they are the person you go to if you want to have the chips to set up your own ai system. What might everyone wants these chips, but there have been reports of potential delays, certainly in the shipment of the new chips. Do you think we will hear more about that when they report their results, will set the address that? i think they have to, everyone knows there a slight delay there and they just ignore it. These chips are hugely complex and it is part of a long design chain delays are kind of inevitable. They happen in this industry because these chips are hugely complicated. I don t think it is a big deal that it has

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Transcripts For BBCNEWS BBC News Now 20240829

Its foreign minister, israel katz, has described the situation as a war that must be won. A senior palestinian official has accused israel of trying to escalate the war in gaza and warned of dire and dangerous results. Palestinian president mahmoud abbas has cut short a visit to saudi arabia because of the attacks. Let s take a closer look at the west bank and what it actually is. It s land on the west bank of the riverjordan and bounded by israel and jordan. It s been occupied by israel since the 1967 middle east war, but decades of talks between israel and the palestinians have left its final status unresolved. 0ur middle east correspondent, lucy williamson, has just sent this update from jenin. There are israeli jeeps, israeli armoured vehicles moving around the entrance tojenin s government hospital behind me. You can see an ambulance coming through now as well. The hospital entrance isjust behind this army vehicle here. Staff inside the hospital say that since last night, the army

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