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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 BBCNEWS Business Today 20240829

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

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Transcripts For BBCNEWS BBC News 20240829

Very latest. Israel is carrying oUt a major Military Operation in the occUpied West Bank. Reports say 11 palestinians are dead. Donald trUmp accUses the Us Department OfjUstice of trying to resUrrect a dead Witch HUnt after it filed Charges HUnt after it filed revised charges against him. Spacex says bad weather has postponed their mission after technical issUes early in the week. In the Paralympic Games begin in paris today, with the Opening Ceremony taking place across the city later. Hello. Welcome. Sir Keir Starmer is visiting berlin, where hes expected to say the Uk has a once in a Generation OpportUnity to reset its relationship with eUrope. The british Prime Minister will be holding talks with the german chancellor, Olaf Scholz. As prime in order to really talk to the eU in a broader sense. Is we have in order to really talk to the eU in a broader sense. Is the have in order to really talk to the eU in a broader sense. Is the first meeting, bUt this is the first official Visit V

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Transcripts For BBCNEWS BBC News 20240829

I think both sides have ruled out that this is talking about the uk rejoining the eu in any way, shape orform, or even the customs union, for that matter. But what this is about is some quite concrete bilateral talks. This is the fifth meeting, but this is the first official visit of the Prime Minister to berlin. And its just two months after he was elected as Prime Minister. Now, for his predecessor, rishi sunak, it took 18 months. And i thinkjust that alone is a signal of what london wants to achieve. Its, on the one hand, its a strong signal that the uk is now open for business with germany and, you know, is very serious about pushing forward some quite concrete bilateral agreements, particularly on defence, because i think Thats Something that the two countries are keen on working together on. What they cant really do much is when it comes to trade, because thats within the. Thats within the responsibilities of the eu. But what. I think when it comes to closer cooperation between t

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