Nvidia shares rise as sales hit from China export curbs not as bad as feared

May 29, 2025

Nvidia surpassed sales expectations due to AI chip stockpiling before new U.S. export restrictions to China. However, these restrictions are projected to cut $8 billion from the current quarter’s sales, leading to a lower-than-expected forecast.

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Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to default

India Ratings downgraded Jana Capital and Jana Holdings’ NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana

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