📊 Nvidia sales are slowing down

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

📉 Nvidia faces AI chip sales slowdown
📊 REX American Resources announces stock split
🛢️ Sempra and EQT secure long-term LNG deal
💰 Harvest Midstream acquires MPLX assets
⚖️ Trump fires Fed board member Lisa Cook
🎁 +8 more stories you might like

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Find out more

📉 Nvidia's AI Chip Sales Show Signs of Slowing Growth Link
  • Nvidia's AI chip sales have not met investor expectations, raising concerns about the sustainability of the AI boom.
  • Despite a 56% revenue increase in their data center division, sales fell short of analyst forecasts.
  • Nvidia's stock slipped 2% post-announcement, reflecting investor anxiety over potential market saturation.
📊 REX American Resources Announces Stock Split Amid Ethanol Expansion Link
  • REX American Resources plans a 2-for-1 stock split as it signals strong Q3 performance.
  • The company is advancing its One Earth Energy expansion project, benefiting from favorable legislative developments.
  • REX continues to focus on its core ethanol production business, bolstering investor confidence.
🛢 Sempra and EQT Secure Long-Term LNG Supply Agreement Link
  • Sempra Infrastructure and EQT Corporation have signed a 20-year LNG supply agreement for the Port Arthur LNG Phase 2 project.
  • The project aims to enhance U.S. energy exports and support global energy security with a stable LNG supply.
  • All major permits for the project have been secured, with a final investment decision expected in 2025.
💰 Harvest Midstream Expands with $1 Billion MPLX Acquisition Link
  • Harvest Midstream has agreed to acquire MPLX's gas gathering and processing assets in a $1 billion deal.
  • The acquisition includes extensive infrastructure in the Uinta and Green River basins, enhancing Harvest's geographic reach.
  • Post-acquisition, Harvest aims to deliver uninterrupted service and further its growth as a leading midstream company.
⚖ Trump's Controversial Move to Dismiss Fed Board Member Lisa Cook Link
  • President Trump has fired Federal Reserve board member Lisa Cook, citing alleged mortgage document falsifications.
  • Cook plans to challenge the dismissal in court, arguing that the firing lacks legal basis.
  • The move raises questions about presidential authority over the Federal Reserve and its implications for monetary policy.

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Other news & articles you might like

  • 💵 Capital Southwest declares regular and supplemental dividends (Link)
  • 📈 Ingredion increases quarterly dividend (Link)
  • ⛏️ NoHo to acquire stake in Arizona gold mine (Link)
  • 📉 Silex Systems revenue up, EPS down (Link)
  • 📅 Martin Marietta's Capital Markets Day announcement (Link)
  • 🛍️ Urban Outfitters reports record Q2 sales (Link)
  • 🔍 Rosen Law investigates Encompass Health (Link)
  • 📉 Zacks highlights Nvidia amid market uncertainty (Link)

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