Unveiling the Reasons Behind the Unexpected Drop Nvidia, a leading name in artificial intelligence (AI) chip manufacturing, recently experienced a significant stock price decline of over 8%, even after reporting a robust profit margin forecast of 70%. On February 27, 2025, the company's shares closed at $120.15, reflecting an 8.48% drop from the previous day, marking the lowest level since February 4. This downturn shaved its market capitalization down to $2.942 trillion, slipping below the $3 trillion threshold. The sudden plunge came as a surprise to many, especially following Nvidia’s impressive quarterly earnings report for the period spanning November 2024 to January 2025, where both revenue and earnings per share surpassed Wall Street expectations. Notably, the data center AI chip segment, which dominates Nvidia’s revenue stream, saw a staggering 93% year-over-year surge, reinforcing its dominance in the AI hardware market. So, why did Nvidia stock plummet despite these block...

Airbus anticipates a 7% increase in commercial aircraft deliveries, despite challenges with delays and cost overruns / Reuters Airbus is forecasting a significant increase in its commercial aircraft deliveries for 2025, targeting a 7% rise, which translates to approximately 820 jets. This projection comes as part of the company's broader plan to maintain its competitive edge in the aerospace market, following record deliveries in the past. The 820 deliveries for 2025 would be a step forward, and the company has already shown strong performance in securing orders for its A350 aircraft, which continues to be in high demand from long-haul carriers. Despite this optimistic forecast, Airbus is facing multiple challenges that could impact the realization of these delivery targets. One major obstacle is the delay in the A350 freighter model, a key player in the company's long-term plans. This delay has been linked to ongoing supply chain issues, particularly with fuselage parts suppl...

Bain Capital Chooses Not to Compete Against KKR in the Acquisition of Fuji Soft Bain Capital has officially decided to forgo its attempt to acquire Fuji Soft Inc., marking the end of an intense and prolonged bidding war with KKR & Co. The Boston-based private equity giant made the announcement on Monday, confirming that it would not increase its offer to take the Japanese IT company private. This decision comes shortly after KKR raised its bid to ¥9,850 ($65) per share, effectively securing the deal. Fuji Soft’s stock, which had been trading slightly above KKR’s revised offer, experienced a minor dip, falling 0.3% to ¥9,843 as of 1:13 p.m. in Tokyo. The technology firm, based in Yokohama, now holds a market capitalization close to $4.4 billion. The ongoing competition between Bain Capital and KKR for Fuji Soft highlights the evolving and increasingly competitive landscape of private equity deals in Japan. Historically, global private equity firms have approached Japanese transact...

Opposition lawmakers call for President Milei's impeachment following the cryptocurrency crash Argentine President Javier Milei is facing growing backlash and potential impeachment after promoting the cryptocurrency $LIBRE, which subsequently collapsed. The endorsement, made on social media platform X, saw the coin's value skyrocket before rapidly plummeting, sparking concerns about possible fraudulent activity. On Friday evening, Milei recommended $LIBRE to his followers, touting the cryptocurrency as a potential asset for the country's economy. Shortly after his post, the value of $LIBRE surged to nearly $5 per coin, generating significant attention. However, within hours, the token's price crashed to under $1, raising alarms about a possible "rug pull" scheme, where developers inflate the value of a cryptocurrency before offloading their own holdings, leaving investors with devalued assets. In light of the incident, opposition lawmaker Leandro Santoro dem...

Hong Kong's tech-heavy Hang Seng Index benefits from AI growth optimism as China’s e-commerce giant Alibaba partners with Apple for local AI collaboration Asian markets presented mixed results, influenced by various factors affecting global economies. Japanese and Taiwanese stocks experienced declines, while Chinese mainland and Hong Kong exchanges saw strong growth, bolstered by the rapid surge in artificial intelligence (AI) investments. The Shanghai Composite Index in mainland China rose by 0.43%, closing at 3346.72. In contrast, the Hang Seng Index in Hong Kong surged by 3.51%, ending the day at 22,579.05. Particularly notable was the performance of the Hang Seng Tech Index, which tracks the top 30 tech companies listed in Hong Kong, rising by over 5%. The renewed focus on China's AI sector, particularly sparked by the global implications of the Deepfake (Deep Sick) incident, has propelled Chinese tech stocks to new heights. China’s largest e-commerce company, Alibaba, fu...

Legal challenge to Trump’s executive order on federal workers may gain traction with key justices.  Alex Wong/Getty Images The Trump administration's executive orders have been far-reaching, causing significant shifts in policy, many of which have faced immediate opposition from courts, media, and public officials. While some of these moves have targeted issues such as immigration, birthright citizenship, and diversity programs, one of the most dangerous and overlooked measures is Trump's executive order stripping federal workers of legal protections. This order attempts to expand presidential power over federal employees, undermining their job security and legal rights. The most alarming aspect of the executive order is its attempt to grant the president authority to remove, demote, or otherwise harass any federal worker deemed to hold a “policy-influencing” position. This broad interpretation would effectively eliminate the protections that career federal employees have enjo...