If there has been one narrative that has driven the stock market over the past few years -- for better or for worse -- artificial intelligence (AI) wins hands down. Some companies have enjoyed blistering runs higher, while others have fallen victim to the so-called "software apocalypse," as fears of AI disruption have sent many software stocks plummeting. No one would argue that Nvidia (NVDA +0.10...
If there has been one narrative that has driven the stock market over the past few years -- for better or for worse -- artificial intelligence (AI) wins hands down. Some companies have enjoyed blistering runs higher, while others have fallen victim to the so-called "software apocalypse," as fears of AI disruption have sent many software stocks plummeting. No one would argue that Nvidia (NVDA +0.10%) has benefited from these secular tailwinds, as the company's graphics processing units (GPUs) have underpinned the AI revolution, sending its stock price up 1,130% since early 2023. Some investors fear the stock's epic run is nearing its end, but not everyone is convinced. One Wall Street analyst just argued that there are additional gains ahead for Nvidia investors, with the company's market cap on track to soar to $7 trillion over the coming year or so. Show me the money Just last week, Nvidia reported the results of its fiscal 2026 fourth quarter (ended Jan. 25), and the company delivered on every metric that matters. Revenue of $68 billion grew 73% year over year (and 20% quarter over quarter), as its sales continued to accelerate. This drove adjusted earnings per share (EPS) up 82% to $1.62, fueled by a gross margin of 75%. The results were well ahead of analysts' consensus estimates of $66.2 billion in revenue and $1.54 in EPS. On the heels of its blockbuster performance, Wedbush analyst Matt Bryson maintained an outperform (buy) rating while raising his price target on Nvidia to $300. For those keeping score at home, that represents potential upside for investors of 67% compared to Tuesday's closing price. The analyst pointed out that, despite the law of large numbers, Nvidia continues to deliver growth acceleration usually reserved for much smaller companies. To that point, Nvidia's data center segment grew revenue 75% year over year (and 22% sequentially) to $62.3 billion. Perhaps more telling is Nvidia's first-quarter revenue guidance of $78 billion, which woul...
If there has been one narrative that has driven the stock market over the past few years -- for better or for worse -- artificial intelligence (AI) wins hands down. Some companies have enjoyed blistering runs higher, while others have fallen victim to the so-called "software apocalypse," as fears of AI disruption have sent many software stocks plummeting. No one would argue that Nvidia (NASDAQ: NV...
If there has been one narrative that has driven the stock market over the past few years -- for better or for worse -- artificial intelligence (AI) wins hands down. Some companies have enjoyed blistering runs higher, while others have fallen victim to the so-called "software apocalypse," as fears of AI disruption have sent many software stocks plummeting. No one would argue that Nvidia (NASDAQ: NVDA) has benefited from these secular tailwinds, as the company's graphics processing units (GPUs) have underpinned the AI revolution, sending its stock price up 1,130% since early 2023. Some investors fear the stock's epic run is nearing its end, but not everyone is convinced. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » One Wall Street analyst just argued that there are additional gains ahead for Nvidia investors, with the company's market cap on track to soar to $7 trillion over the coming year or so. Show me the money Just last week, Nvidia reported the results of its fiscal 2026 fourth quarter (ended Jan. 25), and the company delivered on every metric that matters. Revenue of $68 billion grew 73% year over year (and 20% quarter over quarter), as its sales continued to accelerate. This drove adjusted earnings per share (EPS) up 82% to $1.62, fueled by a gross margin of 75%. The results were well ahead of analysts' consensus estimates of $66.2 billion in revenue and $1.54 in EPS. On the heels of its blockbuster performance, Wedbush analyst Matt Bryson maintained an outperform (buy) rating while raising his price target on Nvidia to $300. For those keeping score at home, that represents potential upside for investors of 67% compared to Tuesday's closing price. The analyst pointed out that, despite the law of large numbers, Nvidia continues to deliver growth acceleration usually reserved for much small...
TWC Enterprises press release ( TWC:CA ): FY GAAP EPS of $2.27. Revenue of C$227.5M (+6.2% Y/Y) More on TWC Enterprises Seeking Alpha’s Quant Rating on TWC Enterprises Dividend scorecard for TWC Enterprises Financial information for TWC Enterprises
TWC Enterprises press release ( TWC:CA ): FY GAAP EPS of $2.27. Revenue of C$227.5M (+6.2% Y/Y) More on TWC Enterprises Seeking Alpha’s Quant Rating on TWC Enterprises Dividend scorecard for TWC Enterprises Financial information for TWC Enterprises
Halifax has warned that the US-Israel war on Iran could slow mortgage rate decreases this year, as it said that house price growth eased dramatically in February. Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said the conflict in the Middle East is likely to affect global economies, stoke inflation and reduce the likely rate of interest rate cuts that influence borrowing c...
Halifax has warned that the US-Israel war on Iran could slow mortgage rate decreases this year, as it said that house price growth eased dramatically in February. Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said the conflict in the Middle East is likely to affect global economies, stoke inflation and reduce the likely rate of interest rate cuts that influence borrowing costs for homebuyers. The lender said the value of a typical UK home rose 0.3% in February to £301,151. However, this is a significant dip in the rate of growth compared with the 0.8% recorded in January that fuelled average house prices passing the £300,000 mark for the first time. “Looking ahead, geopolitical uncertainties seem set to influence the outlook for inflation and the wider economy,” said Amanda Bryden, the head of mortgages at Halifax. “Against that backdrop, markets are now anticipating a more gradual path for interest rate reductions. If realised, the speed at which borrowing costs ease may be tempered.” Analysts have significantly cut the chances that the Bank of England’s monetary policy committee will vote in favour of another downward move in the 3.75% base rate when it meets later this month. “The conflict in the Middle East has lifted energy prices and shrunk central bank rate cut expectations,” said Mark Harris, the chief executive of the mortgage broker SPF Private Clients. “Swap rates, which underpin the pricing of fixed-rate mortgages, have edged higher amid fears that rising prices will fuel inflation. “A number of lenders have already increased their mortgage rates to reflect higher swap rates. Expectations of a near-term base rate cut, perhaps as early as this month, have substantially reduced.” On Thursday, HSBC, Nationwide and Coventry building societies became the first big UK lenders to announce an increase in rates on their fixed mortgage deals as a result of the Middle East crisis, with brokers predicting others are likely to follow. Jeremy ...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Falling fertility rates and young families being driven away from London means the capital risks becoming “a childless city.” That was the phrase used in a London Assembly report, which found the city’s child population is collapsing faster than anywhere else in Britain , even...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Falling fertility rates and young families being driven away from London means the capital risks becoming “a childless city.” That was the phrase used in a London Assembly report, which found the city’s child population is collapsing faster than anywhere else in Britain , even as the overall population rises. Birth rates have fallen 20% from a peak in 2012 as fertility rates - the number of children per woman - drop. Unaffordable housing and childcare essentially means raising a family in the Big Smoke is also out of reach for many, prompting a steady uptick in those choosing to settle elsewhere. These numbers are enough to make anyone leave: A typical London home costs 11.1 times the average local salary, compared with 7.7 times across England. Rents are 60% higher than for England as a whole. Then there are the nursery costs, which for a kid under two in inner London are 34% higher than the English average and only partially covered by the state. Enjoy the weekend... What’s your take? Ping me on X , LinkedIn or drop me an email at lmoon13@bloomberg.net. Oh, and do subscribe to Bloomberg.com for unlimited access to trusted business journalism on the UK, and beyond. What We’re Watching House prices hit another record high last month, according to Halifax . While it’s a strong start to the year, that could soon change if the Bank of England delays interest rate cuts in response to the Middle East conflict. More from my colleague Kit below. Advent International confirmed it put in a bid for British aerospace supplier Senior , which was rejected. The private equity firm is now mulling its position in a three-way tussle against Arcline and a consortium of Blackstone and Tinicum. Turning to the Middle East war, Heathrow has seen 300 flights scrapped so far, jets out of position and a fleet of parked cars, posing an “operational challenge,” the airpor...
"I was like, 'This is not going to be taken seriously because the BBC love the conventional stuff, and this is not conventional'," says the musician. "So they're taking a bit of a risk - but who knows?"
"I was like, 'This is not going to be taken seriously because the BBC love the conventional stuff, and this is not conventional'," says the musician. "So they're taking a bit of a risk - but who knows?"
China business faces new challenges as EU pushes clean-tech localization The European Commission has proposed sweeping legislation to strengthen domestic manufacturing in green technology, imposing strict local-content requirements and investment limits on sectors including electric vehicles, batteries and solar panels. Unveiled Wednesday, the draft Industrial Acceleration Act would introduce a “m...
China business faces new challenges as EU pushes clean-tech localization The European Commission has proposed sweeping legislation to strengthen domestic manufacturing in green technology, imposing strict local-content requirements and investment limits on sectors including electric vehicles, batteries and solar panels. Unveiled Wednesday, the draft Industrial Acceleration Act would introduce a “made in the EU” mandate for projects seeking public procurement contracts or state subsidies, marking the bloc’s most aggressive push yet to rebuild its industrial base and reduce reliance on foreign supply chains.