Donald Schultz

05/29/2025

05/29/2025

Model Hailey Bieber's makeup and skincare brand is being snapped up by Elf Beauty, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become hugely popular among Gen Z and millennials.

https://yahoo.trib.al/mZs4YIJ

05/29/2025

US stock futures rose after a US trade court blocked some of President Trump's tariffs, and Nvidia (NVDA)'s mixed earnings report impressed Wall Street despite the company's warnings on chip curbs.

Futures attached to the Dow Jones Industrial Average (YM=F) rose 1.0%. Futures attached to the benchmark S&P 500 (ES=F) rose 1.6%. Futures attached to the tech-heavy Nasdaq 100 jumped (NQ=F) 1.6%.

On Wednesday evening, a panel of judges at the US Court of International Trade took aim at Trump's trade agenda, blocking global tariffs imposed citing emergency powers on the grounds that they are illegal. The decision can be appealed by the Trump administration in federal court.

Read more: https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-jump-as-court-blocks-trump-tariffs-nvidia-earnings-impress-234801294.html

05/29/2025

Nvidia reported record revenue of $44.1 billion in the first quarter.

While that marks a 69% increase over the prior year, it pales in comparison to the 262% revenue growth the AI chip giant reported a year ago.

https://yahoo.trib.al/bPavcGx

05/29/2025

Nvidia has become the poster child for the AI boom that kicked off in late 2022 reported mixed first quarter results after the close on Wednesday.

The AI hardware giant reported revenue of $44.1 billion For the quarter, topping analyst estimates of $43.3 billion, according to data compiled by Bloomberg. Nvidia reported $26 billion in the same period last year.

https://yahoo.trib.al/EhjcRez

05/29/2025

Nvidia's latest quarterly earnings — which as a whole topped Wall Street's estimates — showed the company expects to see $8 billion in lost revenue from the Trump administration's ban on sales of its H20 AI chips to China in the second quarter (which ends in late July).

https://yahoo.trib.al/UC0n08E

05/29/2025

05/29/2025

Nvidia reported its first quarter earnings after the bell on Wednesday, beating expectations on revenue, but falling short on adjusted earnings per share (EPS) due to the impact of the ban on shipments of its H20 chips to China.

Nvidia stock was up nearly 4% following the announcement.

https://yahoo.trib.al/OwXVrIB