sales

Nvidia blindsided by Trump’s curbs in multibillion-dollar blow to China sales

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Nvidia has been caught by surprise by Donald Trump’s new export controls on its best-selling artificial intelligence chip in China, leaving the chipmaker and its clients to assess the damage caused … Read more

Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Tech stocks led a Wall Street sell-off on Wednesday after chipmaker Nvidia revealed that new US controls on sales to China would wipe billions of dollars from its earnings, dragging its peers sharply … Read more

Hermès overtakes LVMH for luxury’s top spot after weak sales spark sell-off

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hermès leapfrogged LVMH to become the world’s most valuable luxury company on Tuesday, after shares in the owner of Louis Vuitton tumbled on the back of disappointing first-quarter results. In a bruising morning … Read more

LVMH sales fall sharply as luxury woes continue

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. LVMH’s sales fell more than expected in the first quarter as the world’s leading luxury group braces for the fallout from US President Donald Trump’s tariffs. Organic sales of fashion and leather goods … Read more

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