Sometimes good just isn’t good enough
Listen now
Description
The market’s reaction to Nvidia’s highly anticipated results last night indicates just how high expectations were. The company’s results exceeded analysts’ expectations and it delivered a strong forecast for the current quarter, but the revenue forecast just wasn’t enough for the market and the company’s shares fell 2.5% in extended trading. Asia’s tech heavy markets also sold off somewhat following the results and the growing geopolitical tensions arising from developments in Ukraine. Bitcoin hit another new high. Norbert Ruecker, Head of Economics & Next Generation Research, joins the podcast for a detailed look at what’s going on in the oil and gas market. 00:00 Introduction by Helen Freer (Investment Writing) 00:24 Markets wrap-up by Bernadette Anderko (Investment Writing) 04:59 Oil and gas: Norbert Rücker (Head of Economics & Next Generation Research) 10:21 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
More Episodes
Published 11/21/24
Escalating tensions between Russia and Ukraine dampened global risk appetite and sent investors scrambling for safe-haven assets yesterday. While European markets ended the day in the red, US equities recovered from earlier losses as the focus turned to Nvidia's earnings report due after the...
Published 11/20/24
US stocks yesterday regained some ground after last week's sharp sell-off that reversed the S&P 500’s post-election gains as Wall Street looks ahead to some major market-moving earnings reports and bets for a December Fed rate cut are losing steam. Fabian Wenner, Equities Research, provides...
Published 11/19/24