Nvidia Drops, Paramount Skydance Rises, Estee Lauder Gains After Ratings Upgrade

Nvidia to bankroll their own AI investments. Now, to put it into context, though the steak is worth five point eight billion dollars. That's kind of a drop in the bucket though, Like for us normal folks, it's a lot of money, you know, like I can retire off of that, but for these companies it's it's not really that much, you know. And Soft Banks saying that they do have a lot of projects they want to fund their stargate data centers, AI robo manufacturing sites, and so this is

mainly a necessary financing measure. Very interesting though, because their executives were asked, is this you try to stave off an AI bubble trying to prepare for that? But they kind of sidestepped the questions, CFO Yoshimitsu Goto of Soft Banks saying that they can't say whether we're in an A bubble or not or not. But this measure is merely a financing step, right. If nothing else, it shows

how much capital is needed to chase AI investments. Let's take a look at Paramount's guidance, which I initially typed in PA r A but realized that's changed. It's changed new Tiger exactly. It's a good peace guy. Yeah, it's very It rolls off the timeously, but yes, Paramo's guy.

Dance peace guy. Those chairs are doing well this morning, up more than eleven percent now, so extending some of their opening gains there. And again we saw their financial report results for the first time since then new investor group took over in August. You know, the third quarter revenue I'm missing a little bit six point seven billion

versus analysts forecast for six point eight seven billion. But the good news here really is the fact that they are raising their cost savings goal it is now three billion dollars. They're also planning an additional sixteen hundred person workforce reduction, and analysts also commentating on some of the errors that they're investing in, so Bloomer Intelligence saying that they're really trying to ramp up their investment in content, which is going to be a good generator of future revenue.

And JP Morgan also noting that their main priority at the moment is direct to consumer services and that's really going to be important in driving engagement and higher quality growth. And so they are optimistic in the companies of future prospects here and they are they going to buy Slash merge with Warner Brothers Discovery.

to buy from Holt. They also raise their aps estimates for twenty twenty six and twenty twenty seven, and the strategists aregus saying that you know, their management has increased innovation significantly and they're entering new channels Amazon Premium, Beauty for an Alta, all kind of open for the company at the moment in terms of where they put their products. We did get results from the essay Lauder not too

long ago at the end of October. Those beat expectations, but the Asia Pacific net sales missed estimates, and so now investors are going to be looking forward to their annual meeting, which is coming up on Thursday.