New Nvidia deal, Asahi sparks beer shortage fears & Tesla rebounds

Ramzan Karmali tracks some of the top trending stories of the morning including Nvidia (NVDA)'s new AI deal with Fujitsu, Asahi (2502.T)'s beer supply drying up after a cyberattack, fresh concerns about software from Palantir (PLTR) and Anduril (ANIN.PVT), and Tesla (TSLA) shares rebounding.

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Video Transcript

00:08 Speaker A

It's time now for today's trending tickers.

00:11 Speaker A

Nvidia striking another deal this morning. This time with Japanese telecom and computer giant Fujitsu.

00:18 Speaker A

The companies will work together on AI to make smart robots and other innovations using Nvidia's computer chips.

00:27 Speaker A

The hope is to establish the AI infrastructure for Japan by 2030.

00:32 Speaker A

Invidia CEO Jensen Huang taking the stage overnight saying quote, building the infrastructure to power it is essential in Japan and around the world.

00:41 Speaker A

Shares of Fujitsu closing higher by 3% uh overnight and ahead of the opening bell on Wall Street Nvidia shares catching a bit of a bid too, poised to open higher as well.

00:55 Speaker A

But there is trouble brewing for Japan and its beer supply. Asahi Group is under pressure this week after a cyber attack crippled production operations on Monday.

01:04 Speaker A

Bars and restaurants in Japan are already reporting they are running out of Asahi products.

01:12 Speaker A

A report in the financial Times Thursday saying that Asahi's Super Dry supply could dry up in two or three days.

01:20 Speaker A

Now Asahi is working to restore its computer system, but the company says it is unclear how soon the company can resume full operations.

01:27 Speaker A

Computers are still down, but the company has started processing some orders by visiting customers in person and handwriting orders.

01:36 Speaker A

Now Asahi says it's looking into the effect the attack will have on earnings.

01:41 Speaker A

We're also watching shares of Pateer this morning.

01:45 Speaker A

The stock right now is little changed, but a new report says the company's Battlefield communication software that it built with Andul and others has major flaws.

02:00 Speaker A

Reuters is starting citing an internal army memo which says it has fundamental security problems and should be treated as a very high risk.

02:08 Speaker A

This coming months after Andul was awarded a 100 million contract to create the prototype for the platform with other companies including Pateer and Microsoft.

02:20 Speaker A

Neither Pateer nor Andul provided a comment to Reuters.

02:26 Speaker A

Finally checking in on shares of Tesla.

02:30 Speaker A

The stock bouncing back after selling off on Thursday, the EV maker reported a 29% gain in third quarter deliveries, which was much higher than Wall Street expected.

02:38 Speaker A

And CEO Elon Musk's controversial 1 trillion dollar pay package coming under scrutiny from a group of shareholders.

02:46 Speaker A

New York City controller Brad Lander signing the letter, and he calls on investors to reject the proposal and oppose re-election of the company's board. Related Videos

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