The Week in Numbers: Nvidia vs expectations, Trump vs India

Published 2 months ago Positive
The Week in Numbers: Nvidia vs expectations, Trump vs India
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STORY: From how Nvidia raked in cash but still underwhelmed investors, to why Donald Trump has India on his target list, this is the Week in Numbers.

::The Week in Numbers

::$4 trillion

Up to $4 trillion is Nvidia’s estimate for global spending on AI infrastructure by 2030.

But shares in the chip giant still fell, not helped by a tepid outlook for the coming quarter that excluded all predictions for Chinese sales.

Morningstar strategist Brian Colello says that leaves investors with questions:

"China is certainly the wild card today on whether they'll be allowed to sell. If so, which sort of products, even if they are allowed to sell by the U.S., will China be receptive? Will the Chinese government be receptive? There are a lot of questions.”

::50%

Up to 50% is now the tariff on many Indian exports to the U.S.

That’s after Donald Trump put an extra 25% levy on the country as punishment for its continued buying of Russian oil.

The U.S. says those purchases are helping to fund Moscow’s war on Ukraine. Related Videos

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::$330 billion

Around $330 billion is the valuation TikTok-owner ByteDance has put on itself.

That’s according to Reuters sources, who say the number comes in a planned share buyback for employees.

It’s still far below the $1.9 trillion value put on Facebook-owner Meta, with analysts saying the difference comes down to uncertainty over TikTok’s future in the U.S.

::$18 billion

$18 billion is the price to create a new drinks giant.

That’s how much Keurig Dr Pepper will pay to buy Dutch coffee company JDE Peet’s.

Analysts say the combined firm will have the heft to challenge market leader Nestle in the global coffee business.

::$5.4 billion

And just over $5.4 billion was the record first-half sales number hit by Lego.

The Danish toymaker was boosted by tie-ups with brands including Formula One and Jurassic Park.

Lego also looks better insulated from U.S. tariffs than rivals Hasbro and Mattel, which are more dependent on Chinese factories.

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