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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 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 h

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Transcripts For CNN Early Start With Christine Romans 20240706

killed in a crowd surge in yemen s capital what witnesses say caused that deadly crush and the supreme court buying time moving the deadline to decide on abortion pills to tomorrow at the stroke of midnight? good morning. good thursday morning. welcome to our viewers in the united states and around the world. i m christine romans. at least two people are dead this morning after severe storms tore across three states overnight. 97 oh, my gosh, this is incredible. one back up a little bit more. we re fine. where we re at the tornado is getting stronger. wow at least 14 tornadoes reported across the heartland seven in oklahoma, four in iowa, three in kansas with buildings ripped apart like this hardware store near oklahoma city, officials say. based on the level of damage you see here, it s possible more deaths and injuries will be reported in mclean county, oklahoma. officials say they have reports of people trapped inside shelters. they say first responders have been hampered

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Transcripts For BBCNEWS Outside Source 20240706

the electric car battery maker britishvolt has gone into administration after hopes of a last minute bid for the company faded. the collapse raises questions about uk hopes of building a home grown battery industry. the company, which had plans to build a gigafactory to make the uk start up had been expecting to build a new 5.8 billion or $4.7 billion factory in northumberland, as part of a long term vision to boost uk manufacturing. well, this promotional video shows what the factory with a capability to make 300,000 electric batteries a year would have looked like. the plan was to create 3,000 jobs at the plant. now, administrators have taken over the business and most of britishvolt s 300 staff are being made redundant. here s our business editor simonjack. so what went wrong? britishvolt was a start up company with no track record. their battery technology was only at the prototype stage. although there are expressions of interest from lotus and aston martin, they

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