Here are the top five things investors need to know to start their trading day:
1. Market meh-laise
2. Nvidia hits, but crashes
Jensen Huang, co-founder and CEO of Nvidia Corp., holds up the company’s AI accelerator chips for data centers during the Nvidia AI Summit Japan in Tokyo, Japan, Wednesday, Nov. 13, 2024.
Akio Kon | Bloomberg | Getty Images
Nvidia almost he doubled his income in the third quarter, an annual increase of 94%. However, that has slowed for the chipmaker, which saw sales growth of 122%, 262% and 265%, respectively, in the previous three quarters, thanks to demand. its artificial intelligence chips. The company beat sales and profit expectations for the period, while reporting a better-than-expected outlook for the fourth quarter. Nvidia stock It sank about 3% premarket trading on Thursday after the report.
3. Standard Chrome
Top Justice Department officials have decided to ask a judge to force Alphabet Inc.’s Google to sell its Chrome browser, in what would be a historic strike against one of the world’s biggest tech companies.
Gabby Jones | Bloomberg | Getty Images
The Department of Justice is pushing for it google to uninstall its Chrome browser to create a more level playing field with other search competitors. The move follows a ruling in August in which a US judge ruled that Google has a monopoly on the search market. Chrome provides company data that it uses to sell ads to consumers. The DOJ also said it must prevent Google from prioritizing its search service over its other products, among other things.
4. Defendant Adani
Indian billionaire Gautam Adani speaks during the opening ceremony after the Adani Group bought the Port of Haifa earlier in January 2023, at the Port of Haifa, Israel on January 31, 2023.
Amir Cohen Reuters
Billionaire businessman Gautam Adani was charged in an alleged multimillion-dollar fraud scheme in New York, authorities said Wednesday. Adani is the chairman Adani Group of India and one of the world the richest people. Along with seven others, they are accused of paying more than $250 million in bribes to the Indian government to try to win contracts to supply solar power. The indictment accused the defendants of misleading US investors when they were seeking capital to finance those solar contracts. shares of Adani Group companies have plunged after the prosecution.
5. McValue
A McDonald’s restaurant is seen on October 23, 2024 in Omaha, Nebraska.
Mario Tama | Getty Images
The value trend is maintained in 2025. McDonald’s is working on one The new “McValue” approach for next year, after emphasizing lower cost options in 2024. The plan, released this summer, would keep the $5 meal deal on the menu for the first six months of the year. It will also launch a “buy one add” option for $1, CNBC’s Kate Rogers reports. Operators are still voting on value options for 2025, but the options appear to be overwhelming, according to two people familiar with the matter.
– CNBC’s Samantha Subin, Kif Leswing, Ryan Browne, Jennifer Elias, Dan Mangan, Lee Ying Shan, April Roach and Kate Rogers contributed to this report.
