Quick Hits: U.S. chip restrictions, artificial intelligence and oil moves

Victor Lei — Head of Research Stocks

📉 The U.S. is restricting China’s access to technology, and Nvidia is taking the fall. Nvidia (NASDAQ:NVDA) fell 8% yesterday after reporting that U.S. officials implemented licensing requirements — banning sales of select advanced chips to China and Russia. Nvidia expects a $400M impact on their sales this quarter (~6.8% of sales) — a big…

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Earnings Quick Hits: Snowflake, Peloton and Nvidia

Victor Lei — Head of Research Stocks

Earnings season is over, and companies who reported this week capped off the quarter with a bang (good and bad). The future of these three companies — once strong performers during COVID — couldn’t look more different… Snowflake (NYSE:SNOW) — the cloud computing company — jumped 23% yesterday after releasing a strong earnings report. Per…

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