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
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 here. It s like, y
And charities are meeting with ministers to discuss the difficult winter ahead. Energy bills will rise again in october, when the price cap increases by 10%. Rachel reeves said she had to take difficult decisions in very challenging circumstances. The conservatives are calling for her to scrap the changes. Our political correspondent iain watson reports. Energy prices are increasing and so is the pressure on the government to help those who are struggling to pay their bills. We are bracing ourselves for a really difficult winter. We are already seeing record numbers of people coming to us with energy debt in the height of summer. That is only going to get worse when the energy price cap rises. From october, the energy regulator ofgem is allowing prices to rise by 10%, and that represents bills of more than £1700 a year for a typical household. This morning, the government brought together big energy companies, the regulator, and citizens advice bureau to discuss what more could be don
For the weekend, temperatures for northern ireland and scotland reaching into the low 20s in the warmest spot and perhaps the mid 20s in the warmest areas of eastern england. So fine weather for the weekend. That s it. Now, let s join our colleagues for the news where you are. Have a very good evening. Hello and welcome to sportsday i m olly foster paris prepares for part two, after the success of the olympics, the paralympics starts tonight and british atheltes are ready i will be ready to fight, and there will be a battle. The transfer window closes on friday, italian forward federico chiesa has agreed to join liverpool and leading from the front, ollie pope says he can t let the england captaincy affect his batting also coming up on sportsday. . . Is this the end of the american dream? louis ree zammit is left out of the chiefs playing squad ahead of the nfl season two and half weeks after the olympics came to a close, we are just half an hour away from the paralympics opening cer
He was speaking after talks with the german chancellor olaf scholz in berlin. Both men are proposing a new bilateral treaty covering science, technology, trade and business, but sir keir says he has no plans for a youth mobility scheme, which could have given young people in the eu the right to live and work here in the uk. Henry zeffman is travelling with the prime minister. Clearing the way for something new. The prime minister s first official visit to germany, with early steps towards greater unity. The launch of talks on a treaty between the two countries, encompassing trade, defence, migration and plenty more. A new agreement, a testament to the depth and potential of our relationship with deeper links on science, technology, development, people, business, culture. A boost to our trading relations. The german chancellor was to our trading relations. The german chancellor was notably to our trading relations. The german chancellor was notably promising chancellor was notably p