Saga: Q1 Earnings Snapshot
The Grosse Pointe Farms, Michigan-based company said it had a loss of 25 cents per share.
The broadcasting company posted revenue of $24.2 million in the period.
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Yahoo
2 minutes ago
- Yahoo
Prediction: Nvidia's New China Deal Will Be a Game-Changer. Here's Why
Key Points While most of Nvidia's revenue hails from the U.S. and Europe, the Chinese market represents an estimated $50 billion opportunity. Recent changes to tariff policies and export controls have stifled Nvidia's potential in China throughout 2025. Nvidia and the U.S. government have formed a deal structure that helps pave the way for Nvidia to reclaim dominance in the key Asian market. 10 stocks we like better than Nvidia › Although it's only August, 2025 has already played out like a modern-day Greek tragedy for semiconductor powerhouse Nvidia (NASDAQ: NVDA). Its year has been marked by a litany of setbacks, comebacks, and everything in between. Earlier this year, more than $1 trillion of Nvidia's market value was wiped out. Yet today, the company boasts a market cap of $4.4 trillion -- reclaiming the crown as the most valuable company in the world. At the center of Nvidia's headaches in 2025 is China -- and no, not because of DeepSeek. The real culprit has been a wave of sweeping tariff policies and export controls that have curtailed Nvidia's influence in the Chinese AI market. Now, after months of negotiations with regulators in Washington, it appears that the tide may be turning. Nvidia could be on the precipice of reestablishing its presence in one of its most crucial Asian markets. Let's unpack the details of Nvidia's new deal structure in China and examine why it should be celebrated as a massive win for investors. How big an opportunity is China for Nvidia? According to accounting and consulting firm Deloitte, the global total addressable market (TAM) for semiconductors, as measured by sales, reached $627 billion in 2024. Deloitte projects that the market will grow at a compound annual growth rate (CAGR) of 19% over the coming decades -- ultimately reaching $2 trillion by 2040. Outside of the U.S., China remains one of the most important markets fueling demand for high-performance chipsets, particularly graphics processing units (GPUs). Nvidia CEO Jensen Huang has estimated that the AI opportunity in China alone could be worth as much as $50 billion. In 2024, Nvidia generated $130 billion in revenue, with China capturing roughly 13% of this sum. During the first quarter of 2025, Nvidia's $5.5 billion of China sales accounted for roughly 12.5% of total revenue. This leveling trend underscores how the current administration's policies toward China have started to constrain Nvidia's growth potential in the region. Why is Nvidia's new China deal so important? According to multiple news outlets, Nvidia has reached an agreement with Washington regarding its operation in China. Under the terms, Nvidia will pay 15% of its China-based sales to the U.S. government. In effect, the arrangement provides Nvidia with a pathway to penetrate this critical market through its tailored H20 chips. While this might initially resemble a tax, investors should avoid viewing it through that lens. First, the agreement applies to sales of Nvidia's AI chips rather than to profits, unlike traditional forms of taxation. Moreover, the 15% rate does not appear to be variable in structure like a royalty, which is typically tied to intellectual property (IP) and subject to fluctuate. While this deal might appear unusual at first glance, these structures are not without precedent in global business practices. For example, energy companies that extract natural resources or commodities in foreign countries often operate under similar revenue-sharing agreements with host nations in exchange for distribution rights. In my view, dedicating a modest share of sales to secure access to China represents a strategic trade-off. In the long run, it allows Nvidia to preserve its dominant position in one of the world's most important AI markets and prevents domestic rivals such as Huawei from eroding its competitive moat. Is Nvidia stock a buy? While Nvidia's forward price-to-earnings (P/E) ratio has been expanding recently, levels remain muted compared to peaks reached previously during the AI revolution. In my view, part of this multiple compression reflects concerns surrounding China -- perhaps overly so. Nvidia's new agreement in Washington offers the company renewed momentum, securing revenue in a critical market without forfeiting much in the way of profits -- even with the 15% remittance to the U.S. government. Over the long term, I see this arrangement as a strategic mechanism for Nvidia to strengthen its position overseas and deliver durable growth across the global AI infrastructure market. As these fundamentals take hold, I think the company's valuation multiples could expand further, potentially driving the stock to new highs sooner than many investors may be expecting. For that reason, I see Nvidia stock as a no-brainer opportunity to buy hand over fist right now and hold for years to come. Do the experts think Nvidia is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Nvidia make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,070% vs. just 184% for the S&P — that is beating the market by 885.55%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Adam Spatacco has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Prediction: Nvidia's New China Deal Will Be a Game-Changer. Here's Why was originally published by The Motley Fool Sign in to access your portfolio
New York Post
4 minutes ago
- New York Post
Air Canada delays restart after flight attendants strike — despite order to return
Air Canada flight attendants remained on strike on Sunday past the deadline in a government-backed labor board's order to return to work, causing the country's biggest airline to delay restarting operations. The Canadian Union of Public Employees said in a statement that members would remain on strike and invited Air Canada back to the table to 'negotiate a fair deal,' calling the order to end its strike unconstitutional. The airline said it would delay plans to restart operations from Sunday until Monday evening. Advertisement 5 Protesters outside Air Canada's headquarters in Montreal on Sunday. AP On Saturday, Prime Minister Mark Carney's Liberal government moved to end the strike by more than 10,000 flight attendants by asking the Canada Industrial Relations Board to order binding arbitration. The CIRB issued the order, which Air Canada had sought, and unionized flight attendants opposed. The Canada Labor Code gives the government the power to ask the CIRB to impose binding arbitration in the interest of protecting the economy. Advertisement The government's options to end the strike now include asking courts to enforce the order to return to work and seeking an expedited hearing. The minority government could also try to pass legislation that would need the support of political rivals and approval in both houses of parliament, which is on break until Sept. 15. The government did not respond to requests for comment. Advertisement 5 Air Canada's flight attendants walked off the job on Saturday for the first time since 1985. AP 'The federal government has entrusted a board to administer these rules in the Canadian Labor Code, and if you defy them, you are transgressing and essentially violating the law,' said Rafael Gomez, a professor of employment relations at the University of Toronto. The government, under former Prime Minister Justin Trudeau, intervened last year to head off rail and dock strikes that threatened to cripple the economy, but it is unusual for a union to defy a CIRB order. Advertisement Air Canada flight attendants walked off the job on Saturday for the first time since 1985, after months of negotiations over a new contract. Air Canada had said it planned to resume flights on Sunday evening, following the expected end of the strike that caused the suspension of around 700 daily flights on Saturday, stranding more than 100,000 passengers. The union called a decision by CIRB Chair Maryse Tremblay to not recuse herself from handling the case a 'staggering conflict of interest,' since she had worked as a senior counsel for Air Canada in the past. According to Tremblay's LinkedIn profile, she served as Air Canada's counsel from 1998 to 2004. 5 An Air Canada agent talks with a traveler at Montreal-Pierre Elliott Trudeau International Airport on Saturday. AP The CIRB did not respond to a request for comment. Other unions joined the flight attendants' picket line in solidarity in Toronto on Sunday. 'They are in support here today because they are seeing our rights being eroded,' said Natasha Stea, an Air Canada flight attendant and local union president. Air Canada had started canceling flights on Thursday in anticipation of the stoppage. Advertisement 5 Children sleeping amid luggage at Toronto Pearson International Airport on Sunday. REUTERS Travelers at Toronto Pearson International Airport said they were confused about whether their flights would resume or Air Canada would make alternative arrangements. 'We are kind of left to figure it out for ourselves and fend for ourselves with no recourse or options provided by Air Canada at this time,' said Elizabeth Fourney of Vancouver. The most contentious issue has been the union's demand for compensation for time spent on the ground between flights and when helping passengers board. Advertisement 5 Picketers march at the departure levels of Vancouver International Airport on Sunday. AP Attendants are largely paid only when their plane is moving. CUPE had pushed for a negotiated solution, saying binding arbitration would take pressure off the airline. Air Canada said on Sunday that the CIRB had ordered the terms of the collective agreement between the union and the airline that expired on March 31 be extended until a new agreement can be reached.
Business Insider
11 minutes ago
- Business Insider
British Bank Standard Chartered's (STAN) Stock Falls 9% on Reports of U.S. Probe
Shares of British bank Standard Chartered (STAN) are down 9% after a U.S. Republican lawmaker wrote to Attorney General Pam Bondi asking for action to be taken against the bank for alleged 'sanctions evasion.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Elise Stefanik, a New York Republican, wrote in a letter posted to social media that a special attorney should be appointed to look into Standard Chartered's alleged failings. The London-based bank has been investigated over sanctions in the past. Standard Chartered was fined $1.1 billion in 2019 by U.S. and U.K. authorities for evading sanctions and lacking proper money-laundering controls. The lender is currently facing a $1.9 billion lawsuit in the United Kingdom by investors over Iran sanctions violations. Bank's Response Standard Chartered was quick to respond to the allegations made by Representative Stefanik. In a statement, the bank said that 'the underlying allegations — including the claim that there are $9.6 billion in unlawful transactions — are entirely false and have been rejected by the U.S. courts multiple times.' Standard Chartered added that it will 'fully cooperate' with any relevant authority. Stefanik also alleged that the New York Attorney General's Office, which helps oversee most foreign banks operating in the U.S., did not take action on allegations against Standard Chartered in the past. Stefanik is requesting that the acting U.S. Attorney for New Jersey be in charge of a new probe into the British bank. Is STAN Stock a Buy? The stock of Standard Chartered has a consensus Moderate Buy rating among nine Wall Street analysts. That rating is based on three Buy and six Hold recommendations issued in the last three months. The average STAN price target of 1,356.22p implies 3.89% upside from current levels.
