Lynx on Nvidia Stock: Why Waiting Could Be Wiser

From Financial Modeling Prep: 2024-11-21 04:14:01

Nvidia reported strong fiscal Q3 results, with EPS of $0.81 and revenue of $35.1B, surpassing estimates. Data center revenue hit $30.8B, exceeding expectations and reflecting high demand for AI-driven services.

Comcast announced plans for a spinoff of its media assets, including NBCUniversal and Sky, into a separate publicly traded company. This move aims to unlock value for shareholders and streamline operations.

UK inflation rose to 4.2% in October, the highest rate in a decade. The surge was driven by higher energy prices and supply chain disruptions, posing challenges for the economy and consumers.



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