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blackjack dealer It's no secret that Nvidia ( NVDA 0.54% ) is one of the hottest artificial intelligence (AI) stocks in the market. The chip-making juggernaut just reported an incredible Q3, beating Wall Street's sky-high expectations. So why was the stock trading lower on Thursday when the market opened? Although it might seem to defy logic, it's not an uncommon phenomenon. Let's take a look at why it happens and see if the past might shed some light on what happens next. First, let's take a look at Nvidia's quarter. Even for Nvidia, this was a strong quarter Few companies have as much riding on their shoulders as Nvidia does in the current market. The company's performance is seen as a bellwether for the market as a whole. It's a good thing, then, that Nvidia delivered this quarter. Nvidia's data center segment continues to be the driving force behind its success, though its gaming arm is still showing solid growth. Demand for its Superchips and related hardware is at a fever pitch. As CEO Jensen Huang puts it, "The age of AI is in full steam, propelling a global shift to Nvidia computing." The big news is the confirmation that Blackwell, the newest iteration of its Superchips, is on schedule and will be rolled out without a hitch. During the earnings call, Huang made clear that the first chips are already "in the hands of all of [Nvidia's] major partners" and will soon be shipped to end users -- companies like Meta and Microsoft operate massive AI data centers. According to Huang, demand for Blackwell is "staggering"; Nvidia has so many orders it is struggling to keep pace. Despite this, demand for its current Hopper chips remains strong, and Huang indicated he believed orders would continue well into next year. Nvidia's reach is global Beyond the numbers, Nvidia highlighted some important developments that show the growing demand beyond U.S. commercial clients. Denmark just launched its first AI supercomputer driven by Nvidia's Hopper chips. This is an important client base for Nvidia that is often overshadowed by its success with big tech cloud operators. "Sovereign AI" -- world governments running their own computers -- could be a massive industry as nations around the world enter an information arms race. Nvidia is also finding commercial success worldwide, with new private companies in India, Japan, and Indonesia building Nvidia-powered AI data centers. Nvidia's stock dips In the initial hours after the market opened on Thursday, shares of Nvidia slipped, briefly reaching $141 after closing at nearly $146 the day before. Why would this happen after such a strong quarter? This is pretty common if Wall Street's expectations exceed the company's performance, even if that performance is solid. That's not what happened here. Nvidia beat estimates handily, delivering revenues of $35.1 billion and earnings per share (EPS) of $0.81. Consensus targets were $33.2 billion and $0.75, respectively. Here's the thing: market sentiment can exceed even Wall Street estimates. With all the hype around Nvidia and talk of "insane" demand for its new chips, it's becoming increasingly difficult for the company to live up to investors' expectations no matter what numbers it delivers. It's the curse of success. Nvidia has continuously beat estimates, so now, even when it does, it might not be by enough. Certain research has shown that investors tend to put too much faith in past earnings. Over time, this leads to a stock being overbought in the lead-up to an earnings release and a short-term dip after the release. What Nvidia is experiencing is very normal. Don't panic. The long-term potential is where we want to place most of our focus here and this report shows it is still firing on all cylinders. Given other stocks that have been in Nvidia's shoes and Nvidia itself last quarter -- shares dipped 18% in the days after earnings -- history tells us that the stock will be just fine.

Liverpool and Northern Ireland defender Conor Bradley is set for an extended spell on the sidelines Northern Ireland’s Conor Bradley is dealing with the agony of being ruled out of action for up to six weeks – just days from the high of inspiring Liverpool to Champions League success against Real Madrid. Bradley, whose crunching tackle on French superstar Kylian Mbappe went viral on social media and had the Kop chanting his name, played a crucial role as Arne Slot’s men strode to a statement 2-0 victory.

Netanyahu's office says his security Cabinet has approved ceasefire deal with HezbollahThe world stands at the dawn of a “third nuclear age” in which Britain is threatened by multiple dilemmas, the head of the armed forces has warned. But alongside his stark warning of the threats facing Britain and its allies, Admiral Sir Tony Radakin said there would be only a “remote chance” Russia would directly attack or invade the UK if the two countries were at war. The Chief of the Defence Staff laid out the landscape of British defence in a wide-ranging speech, after a minister warned the Army would be wiped out in as little as six months if forced to fight a war on the scale of the Ukraine conflict. The admiral cast doubt on the possibility as he gave a speech at the Royal United Services Institute (Rusi) defence think tank in London. He told the audience Britain needed to be “clear-eyed in our assessment” of the threats it faces, adding: “That includes recognising that there is only a remote chance of a significant direct attack or invasion by Russia on the United Kingdom, and that’s the same for the whole of Nato.” Moscow “knows the response will be overwhelming”, he added, but warned the nuclear deterrent needed to be “kept strong and strengthened”. Sir Tony added: “We are at the dawn of a third nuclear age, which is altogether more complex. It is defined by multiple and concurrent dilemmas, proliferating nuclear and disruptive technologies and the almost total absence of the security architectures that went before.” The first nuclear age was the Cold War, while the second was “governed by disarmament efforts and counter proliferation”, the armed forces chief said. He listed the “wild threats of tactical nuclear use” by Russia, China building up its weapon stocks, Iran’s failure to co-operate with a nuclear deal, and North Korea’s “erratic behaviour” among the threats faced by the West. But Sir Tony said the UK’s nuclear arsenal is “the one part of our inventory of which Russia is most aware and has more impact on (President Vladimir) Putin than anything else”. Successive British governments had invested “substantial sums of money” in renewing nuclear submarines and warheads because of this, he added. The admiral described the deployment of thousands of North Korean soldiers on Ukraine’s border alongside Russian forces as the year’s “most extraordinary development”. He also signalled further deployments were possible, speaking of “tens of thousands more to follow as part of a new security pact with Russia”. Defence minister Alistair Carns earlier said a rate of casualties similar to Russia’s invasion of Ukraine would lead to the army being “expended” within six to 12 months. He said it illustrated the need to “generate depth and mass rapidly in the event of a crisis”. In comments reported by Sky News, Mr Carns, a former Royal Marines colonel, said Russia was suffering losses of around 1,500 soldiers killed or injured a day. “In a war of scale – not a limited intervention, but one similar to Ukraine – our Army for example, on the current casualty rates, would be expended – as part of a broader multinational coalition – in six months to a year,” Mr Carns said in a speech at Rusi. He added: “That doesn’t mean we need a bigger Army, but it does mean you need to generate depth and mass rapidly in the event of a crisis.” Official figures show the Army had 109,245 personnel on October 1, including 25,814 volunteer reservists. Mr Carns, the minister for veterans and people, said the UK needed to “catch up with Nato allies” to place greater emphasis on the reserves. The Prime Minister’s official spokesman said Defence Secretary John Healey had previously spoken about “the state of the armed forces that were inherited from the previous government”. The spokesman said: “It’s why the Budget invested billions of pounds into defence, it’s why we’re undertaking a strategic defence review to ensure that we have the capabilities and the investment needed to defend this country.” We do not moderate comments, but we expect readers to adhere to certain rules in the interests of open and accountable debate. Last Updated: Are you sure you want to delete this comment?

A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk also sought to be CEO and in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence , or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives.

EAST RUTHERFORD, N.J. (AP) — New York Giants quarterback Tommy DeVito came out of his first start of the season with a sore throwing arm and his status for Thursday's game against the Cowboys in Dallas is uncertain. DeVito was not listed on Monday's injury report and coach Brian Daboll said he did not know about the injury to the quarterback's right arm until just before the team had a walkthrough practice on Tuesday. Daboll said he was hopeful DeVito would play, but he added that backup Drew Lock will get a couple of extra snaps in the short workout. “If Tommy is good, then Tommy will be the guy,” Daboll said. Having played on Sunday, the Giants (2-9) are prepping for the Cowboys (4-7) with walkthroughs. After the workout on Tuesday, DeVito said his whole body was still sore, even his neck. He planned to test his arm on Wednesday before the team headed to Dallas. “The plan is to play," DeVito said. “We’ll see how I feel tomorrow. Hopefully wake up feeling a little bit better after I get some more treatment today. Looking forward to tomorrow.” DeVito was given the starting job last week when Daboll benched Daniel Jones after five straight losses. Jones asked co-owner John Mara to cut him on Friday and the team released him so he could pursue other opportunities after he cleared waivers on Monday, which he did. DeVito was 21 of 31 for 189 yards in a 30-7 loss to the Tampa Bay Buccaneers. He was sacked four times and missed one play in the fourth quarter after being hit hard after making a throw. Lock said the uncertainty about playing is the life of a backup. He noted playing one play after DeVito was hurt in the fourth quarter was a first for him. “Always got to be ready,” he said. “No matter what the week, no matter what the situation is, just playing like you’re going to go in there and play. My mindset didn’t change this week, and we’ll see how the rest of the week shakes out.” AP NFL: https://apnews.com/hub/nflJust weeks after voters cast ballots in a presidential election many described as the most critical of their lifetime, another highly anticipated contest looms. Two candidates — both political newcomers — have jumped in, announcing they intend to enter the 2025 race to be the next mayor of Santa Fe. Tarin Nix, a political consultant and deputy commissioner of public affairs for the State Land Office, has launched an initiative called "Fix Our City Different," which she describes as a precursor to a mayoral campaign. Meanwhile, Oscar Rodriguez, a former Taos town manager and Santa Fe finance director, announced his candidacy this week in an op-ed published in The New Mexican . But elected officials, some of whom have been named as potential mayoral candidates or have expressed interest in the race, remain reluctant to publicly declare whether they have decided to run. Some said in September they were focused on the general election and weren't yet prepared to make a decision about next year's municipal election. One of them was Mayor Alan Webber, who is in his second term. Asked recently if he plans to seek a third term in office, Webber said it was still too early to comment. "We're still recovering from the general election," he said. Official filing deadlines for the 2025 local election won't come until summer. If Webber chooses to run, however, other contenders likely will need a significant amount of time to raise campaign funds and build name recognition. In 2021, Webber raised almost $500,000 — a record for the office. Rodriguez said in an interview he chose to declare his candidacy for mayor now because he believes he will need a long runway to get his name out there. "I just don't have the level of ID that others might have, particularly those who are on the [City] Council already," he said. City Councilor Carol Romero-Wirth — whose District 2 seat also is up for election in November 2025 — declined to comment in September on whether she plans to seek the higher office; like Webber, she cited a focus on the general election. She did not respond to multiple requests for comment this week on whether she plans to run for reelection or make a bid for mayor. Fellow District 2 Councilor Michael Garcia, whose political future has been the subject of significant speculation, said in September he was "seriously considering running" for mayor. More recently, however, he said it was too early for him to discuss any plans. Garcia, reelected to a second term in November 2023, wouldn't have to give up his council seat to run for mayor. In a statement last week, Garcia said it was an "honor" to be discussed as a potential candidate. "I will always fight to ensure that residents have a local government that represents them and their interests," he said. "I am still in the process of taking the necessary time with my family to make this important decision." Nix and Rodriguez have both framed their decision to enter the mayor's race around a desire to improve what they described as inadequate or failing city services. Nix released a video earlier this month detailing her Fix Our City Different initiative and describing what she sees as problems with city services as stemming from "a lack of will." "A majority of our issues could have been solved with real leadership and common sense," she said. Rodriguez wrote in his op-ed his campaign that getting basic city services right "only improves the quality of life of our community, it also builds the muscle to tackle bigger, more complex issues." He said in an interview he hopes people will be ready for a race focused on issues. He cited a quote from famed Green Bay Packers coach Vince Lombardi. After taking over the team, Lombardi said he would turn it around not by making drastic changes or replacing the players but by becoming "brilliant at the basics." Rodriguez said the city needs more focus on maintenance and a system for addressing potholes and other problems as they arise. "A big part of delivering quality services is to prevent problems coming up in the first place," he said. He also expressed concern about high-level job vacancies at the city, which currently lacks a permanent city manager and community development director. Rodriguez served as the city's finance director for nearly two years, leaving in 2016 for a new job at the New Mexico Finance Authority, where he has remained since then. He believes he would be able to hit the ground running. "I'm confident I would be able to step into this role and make a significant immediate impact on morale, on transparency in the organization, on the quality of the services, etc.," he said. Nix had similar sentiments about improving city services. "If we can't do the basic functions of City Hall — which are infrastructure, roads, transportation, public safety, public health — then how do we get to really big ideas that move our community forward?" she said in an interview. She pointed to a recent, brief lapse of the city's contract with the Santa Fe Animal Shelter & Humane Society as evidence the city would be "hard-pressed" to say it is delivering basic services. She said the response to Fix Our City Different has been positive. "I think people are ready for a change." A website for the initiative will publish weekly videos about different issues affecting Santa Fe and allow people to self-report problems with things like sewer lines, roads, noise and light pollution. "The whole premise is that this is not political," Nix said. "This is really about how you deliver good government, and if you do it correctly, there shouldn't be this political undertone that exists right now in our city." Four city councilors' seats are also up for election in November. So far, only District 3 Councilor Lee Garcia has said he plans to run again. Signe Lindell in District 1, Romero-Wirth in District 2 and Amanda Chavez in District 4 did not respond to requests for comment. Some people who ran unsuccessfully for council seats in 2023 signaled they may be open to running again. Joel Nava, who lost a District 4 challenge against Councilor Jamie Cassutt, said he is exploring the possibility of another run but probably won't make a decision until spring. "I'm still disappointed with this administration, and I do feel that change is still needed, now more than ever," he said. Katherine Rivera, one of four candidates in last year's District 1 race, said she is exploring the possibility of running again and will make a decision in the new year. "I am definitely a potential candidate," Rivera said. Brian Gutierrez, a District 1 contender in both 2021 and 2023, said his decision will hinge on who else declares a candidacy. "If there’s a good candidate out there, then I will stay out. If nothing looks appealing, then I’ll probably throw my hat in the ring," he said Monday. He added, "I’m hoping somebody good jumps in, because I’m busy." Geno Zamora, the district's best-funded candidate in 2023, who lost to Alma Castro, said it's "too early to know anything." Phil Lucero, who ran unsuccessfully against Michael Garcia in District 2 last year, declined to comment.