Stock markets will be reacting on Thursday to one of the most important financial updates of the month after Nvidia’s earnings report saw revenue of $46.7bn (£34.5bn), ahead of estimates, but with data centre earnings slightly lower than predicted. The FTSE 100 fell slightly yesterday as retailers were hit again, but London’s index remains strong over the last month and this year as a whole.
In business, Tesla sales across Europe fell once more last month, while the owner of TikTok, ByteDance, is to complete a share buyback valuing the company at $330bn (£244bn). The owner of the Wagamama restaurants is also considering a bid for Costa Coffee.
