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Nvidia’s Guidance Falls Slightly Short. The Stock Is Rising.

Nvidia provided a revenue forecast for the January quarter slightly below expectations. The semiconductor company reported adjusted earnings per share of 58 cents for its October quarter, compared to Wall Street’s consensus estimate of 71 cents, according to FactSet. For the current quarter, Nvidia (ticker: NVDA ) gave revenue forecast range with $6 billion at the midpoint—which was below the consensus of $6.07 billion. Read More...

Benzinga

Meta Loses Yet Another Key India Official To Rival

Meta Platform Inc’s (NASDAQ: META) former policy head for India will assume a similar role at Samsung Electronics Co, Ltd’s (OTC: SSNLF) local unit. Rajiv Aggarwal will take up the position, which entails liaising with and lobbying government officials on domestic policy matters, from December, Bloomberg reported. Also Read: Amazon Launches Logistics Network In India After Walmart-Backed Flipkart Aggarwal was among several key executives to depart Meta’s local operations this year, as U.S. inter

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