Latest news with #Goldberg
Yahoo
2 days ago
- Business
- Yahoo
The only analyst on Wall Street who has a ‘sell' on Nvidia says the AI chipmaker's great run is over
Every analyst who covers Nvidia, the semiconductor company that has beat Wall Street's projections for eight consecutive quarters, has a positive or neutral outlook on the stock. That is, every analyst except Jay Goldberg of Seaport Research Partners. 'Nvidia's had a great run, and nothing lasts forever,' say Goldberg, who has a sell rating on the $3.3 trillion market cap stock, as Wall Street prepares for the chipmaker's highly anticipated quarterly earnings report on Wednesday. Goldberg, who covers semiconductors for the equity research firm, believes that Nvidia's growth is plateauing. 'This is a heavily scrutinized stock. We know what the upside is; there's not much of it left,' he told Fortune after publishing a note to investors Wednesday that re-iterated his 'Sell' rating. 'In contrast, there's a lot of things that can go wrong to drive downside—there's all the snafus and supply chain.' Goldberg, believes that TSMC, the world's largest contract chip manufacturer, has maximized its capacity to produce Nvidia chips, and that this fact is already priced into Nvidia stock. He also believes that volatile trade policy and tensions with international trade partners pose extreme headwinds for Nvidia. This is why he's put a $100 price target on Nvidia, which was trading around $136 per share ahead of its fiscal Q1 earnings report on Wednesday Nvidia, whose pricey chips help power the popular AI large language models by OpenAI, Anthropic, Meta, xAI and more, has become a key company impacted by President Trump's evolving trade policies. In April, the California-based company warned that it would report a $5.5 billion writedown to inventory after President Trump said that the company would need a license to export its H20 chip to China and some other countries. The financial reality of this threat will become clear during Wednesday's earnings report. Still, analysts, except Goldberg, have positive expectations for the chipmaker as they anticipate net income to increase by 31% to $19 billion, with revenue growing 66% year-over-year to $43 billion, per Bloomberg. Goldberg is fine being the black sheep. 'US government chip policies are, at best, chaotic, and at worst, extremely disruptive and counterproductive and destructive to American industry,' he says. 'The past Administration's policies weren't great, but this current trajectory we're on of everything changing every week is also extremely destructive.' Rather than Nvidia, Goldberg's top semiconductor stock pick is Broadcom. He believes that Broadcom will play an integral role in helping hyperscalerslike Google, Amazon and Microsoft design and manufacture proprietary alternatives to Nvidia chips. 'In a very high level context, the AI chip market is very much a contest between Nvidia and Broadcom. I think the Broadcom side of it is not fully priced-in or well-understood by the Street.' This story was originally featured on
Yahoo
2 days ago
- Business
- Yahoo
ABC bosses urged The View to tone down its Trump-bashing. But are Whoopi & Co. listening?
In the days since it was reported that the top executives at ABC News and its parent company Disney urged The View to tone down its politics, the largely Trump-bashing hosts of the daytime talk show have only grown more strident with their rhetoric. At times, it's even seemed like the show's panelists — specifically long-running moderator Whoopi Goldberg and outspoken Never Trumper Ana Navarro — have made a point of defying the corporate request to pull back on their politically charged commentary. 'You know, people always want us to be respectful and do the things and talk about the stuff we talk about. We can do all of that,' Goldberg exclaimed last Thursday, holding up a pocket Constitution while condemning the president for accepting a luxury jet from Qatar. 'But when you are blatantly giving the country the middle finger, that is blatant,' she added. 'You're not supposed to do that!' Navarro, who recently spoke to Disney chief Bob Iger about the show's political tone and coverage, wasted no time going after Trump this week after returning from the Memorial Day break. 'If Joe Biden said that, we'd be talking about his cognitive skills and cognitive decline for days,' she said after the show aired a clip of Trump flubbing the word 'cryptologic' during a recent speech. 'You know, he calls the way he speaks the weave, I call the thing on his head the weave.' That was just one small blip, meanwhile, in a lengthy opening segment on Tuesday that focused intently on Trump using his Memorial Day speech and soxcial media post to attack and slam his political rivals. And much as she did on a few days prior, Goldberg appeared to deliver a not-so-subtle message to the C-suite about the editorial direction of the show. 'Whatever it is, it's on us. We have work to do,' she proclaimed to applause from the in-studio audience. 'We have to get out and make sure we put the balance back into this country.' Meanwhile, Wednesday's broadcast represented the third straight episode in which The View kicked off with a lengthy segment tearing into Trump and his administration, this time over the president issuing a pardon to reality TV stars Todd and Julie Chrisley. The MAGA-backing couple, whose daughter spoke at the Republican National Convention, were convicted of tax evasion and bank fraud in 2022 for defrauding community banks of $30 million in fraudulent loans. And at the end of the A-block on the show, Goldberg once again waved around her pocket Constitution while chastising the Trump White House, all while suggesting it is a moral imperative that the show call out the actions of this president. 'When you want to know 'does this pass the smell test,' all you've got to do is check it out here. See, because there are things you don't do in America that we — the Constitution says it. It's not us saying it. It's saying we don't do this in America,' she exclaimed. 'I get that your whole family has figured out a way to make money from the country. I get it. OK. That's what you do,' Goldberg continued. 'That's what you've always done. What I don't like is that you get pi**y with other people doing the same thing. Either it's not good for everybody, or it's good for everybody. Somebody make up their mind!' The Independent has reached out to ABC News for comment. The impassioned anti-Trump screeds, of course, are nothing new on this show. In fact, it has become a feature for the better part of a decade, even when Joe Biden occupied the White House for four years. Additionally, the past week's new shows have continued the basic format that has been in place in recent months. While the show typically leads off with a 'Hot Topic' centered on political news, the rest of the program tends to feature a variety of other issues that the panel tackles. For instance, on Wednesday's telecast, the Chrisley segment was followed by discussions centering on drama with a Real Housewives cast member and Gen Z taking 'adulting' classes, alongside interviews with Julianne Moore and Ashley Tisdale. However, with Trump back in the White House, and Disney welcoming him back into office by paying him $15 million to settle his lawsuit over Good Morning America host George Stephanopoulos' inaccurate on-air assertion that Trump had been found civilly liable for raping writer E. Jean Carroll, the media landscape has suddenly shifted. Now, the massive conglomerates and mega-billionaires who control the legacy media have shown their willingness to cozy up and capitulate to a temperamental commander-in-chief who has made attacking the free press a hallmark of his new administration. It is within this current environment that ABC News chief Almin Karamehmedovic and Disney boss Bob Iger asked the outspoken hosts of The View, which Trump and his allies have long complained about, to tone down the political tenor of the show and lean more into general interest coverage and celebrity interviews. 'The move was not framed as an edict, one source said, but the suggestion alone rankled the hosts,' the Daily Beast reported about the meeting Karamehmedovic had with the show's stars and executive producer, which featured him pointing out the celebrity guest who drew high ratings. 'The group pushed back forcefully, with hosts like Navarro noting the show's audience routinely seeks out its perspective on politics, especially when the administration's radical attempts to upend the government can potentially affect their daily lives,' the Beast added. A source familiar with the matter told The Independent that the network 'constantly has conversations with talent based on viewer feedback, and this instance was no different,' adding that the meeting was merely 'about balance in the show on topics' and not necessarily 'talking about Trump.' While the meeting wasn't framed as an edict, and the hosts reportedly found Karamehmedovic's request to tamp down the politics 'silly' since it would 'look kind of bad' to their audience, the issue remained a sticking point for Navarro. She would eventually broach the subject with Iger, whom she ran into during Disney's recent upfront advertiser presentation. After Navarro thanked him for allowing the hosts to continue to do 'their job in a politically turbulent environment,' the Beast reported, Iger said that while he does support The View, he 'reaffirmed that the show needed to tone down its political rhetoric.' The conversation with Navarro revealed that the 'suggestion to tone down the politics went all the way to the top.' And though the corporate effort to tamp down the political coverage could very well be nothing more than an attempt to find the right balance for a talk show to broaden its viewership, it is impossible not to view it through the lens of the current administration's war against the media – which includes ABC. Despite Disney's settlement on the Stephanopulos interview, the president has continued to rail against the news network. Earlier this month, he fumed at an 'ABC fake news' reporter for grilling him on the luxury jet that the Qatari royal family gifted him. 'Let me tell you, you should be embarrassed asking that question,' he growled. Days later, he would threaten to sue ABC News over the way the network has reported on the $400 million jumbo jet from Qatar, wondering why Iger doesn't 'do something about ABC Fake News' while referencing his previous defamation suit against the network. Trump is also in talks to settle a $20 billion lawsuit against CBS News over a 60 Minutes interview with Kamala Harris, even though legal experts have called the complaint frivolous and the network itself says it is 'completely without merit.' However, because the network's corporate parent Paramount is looking to complete a mega-merger with Skydance that it needs the administration to approve, Paramount chair Shari Redstone has urged the board to settle with Trump to push the deal through. The potential payment to Trump has resulted in the resignations of CBS News chief Wendy McMahon and 60 Minutes executive producer Bill Owens, who made it clear they would not apologize as part of any settlement.
Yahoo
3 days ago
- General
- Yahoo
Atlantic editor doesn't 'understand' the narrative that media covered for Biden's health
The editor-in-chief of The Atlantic says he doesn't "understand" the "narrative" that the media covered for former President Joe Biden's health. "I don't understand how this narrative is developed that the media was covering for Biden," The Atlantic editor Jeffrey Goldberg said Friday in an interview he did with CNN's Jake Tapper and Axios' Alex Thompson's book following the release of their book, "Original Sin." The book looks into the efforts made by top Biden aides and allies to hide the truth about Biden's mental and physical health, providing a depiction of a president who was routinely confused and disorientated during his term. "I think what might be going on here is the lack of understanding about how reporting works," Goldberg said. "In order to prove that he's diminished, you have to have people, sources inside telling you this." Biden Insider Was Reportedly 'Amazed' At The Media Coverage They Were Able To Spin In response, Tapper pointed to the sources he and Thompson spoke to. "What Alex and I have been able to do, which is after the election, all those Democrats, we talked to more than 200 sources for this book, almost all of them Democrats, almost all of them after the election, who were telling us what was really going on behind the scenes," Tapper said. "And the anecdotes and the concerns that we bring forward in this book is investigative journalism, and that is different from observational punditry." Read On The Fox News App Thompson also mentioned the bombshell report from the Wall Street Journal about how some lawmakers began questioning Biden's health, which was met with fierce criticism by Democrats and some in the media. "I mean, look at the reaction to The Wall Street Journal story in June of 2024, just weeks before the debate," Thompson said. "There are a lot of reporters that sort of threw shade at that story. There was not as much solidarity." Thompson, as well as Goldberg, pointed to The Atlantic's June 2022 story titled, "Why Biden Shouldn't Run in 2024," which said, "Biden is by no means the more eloquent character he was in his younger days. It can be painful to watch him give prepared speeches. His tone can be tentative, and certain sentences can become hopscotching journeys. His aides in the room look visibly nervous at times." Goldberg said he is not trying to make "excuses" for the media, however said journalists can only do so much after they write a story. Dan Gainor: Journalism's Original Spin. 7 Ways The Tapper/thompson Biden Book Attempts To Absolve Media "Well, you can lead people to stories that you write, but you can't make them read them," Goldberg said. "And I think that's part of the issue. I'm not trying to make excuses. You've been very forthright about your critique of softness on the part of the media on the question." He also asked Tapper about the sentiment from Biden's staff that he would be physically able to take on emergency situations at 3:00 A.M. "We have cabinet secretaries in the book, as you know, who are telling us that by 2024, they do not have faith that Joe Biden could be relied upon for that 3:00 A.M. phone call, and that's chilling, chilling," Tapper said. Tapper also said President Donald Trump is not being transparent about his health records. "I don't think that the press should cover any president going forward, A, without demanding full and complete transparency about health records, which we're not getting from Trump," Tapper said. "We still don't know why he went to Walter Reed in 2019. And I think that we need to be skeptical of everything that we are told by people in power."Original article source: Atlantic editor doesn't 'understand' the narrative that media covered for Biden's health
Sky News AU
3 days ago
- Entertainment
- Sky News AU
Douglas Murray mocks The View hosts' relentless activism
Reports Disney and ABC executives have urged The View to tone down their political commentary — particularly their anti-Trump rhetoric. Whoopi Goldberg has come under fire for downplaying claims of a 'white genocide' in South Africa. Ms Goldberg recently dismissed concerns, saying she had 'made movies' in South Africa and saw no evidence of 'white genocide'. It comes as US President Donald Trump confronted South African President Cyril Ramaphosa at the White House last week with a video allegedly showing the grave treatment of White farmers. Author Douglas Murray weighed in on The View co-host's recent remarks, ridiculing Goldberg's dismissal of the issue. 'She must have really got a feel for the place on the movie set, I'm sure,' Mr Murray said sarcastically. 'Like, why can't they accept that the situation for many white South Africans is absolutely dire, particularly in farming communities? Why can't they accept that that might be the case. 'I can see what they're doing. This is the classic anti-Trump movement thing.'
Newsweek
3 days ago
- Entertainment
- Newsweek
WWE Legend Goldberg Reveals Dream Scenario For His Retirement Match
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. WWE Hall of Famer Goldberg is gearing up for his final in-ring performance. While full details remain under wraps, he recently shared his original "dream" location for the match and offered insights into his current plans. Appearing on The Claw podcast with Ross and Marshall Von Erich, Goldberg discussed his connection with Wrestling Israel and his personal aspirations. "I'll do anything for my faith," Goldberg stated. "Truth be told, my dream was to have my retirement match in Israel. Quite obviously, because of the surroundings right now and over the past five years, it just hasn't been the right place to do it. I would be remiss if I didn't tell you that I was sorely disappointed that I couldn't do something in Israel, but retired doesn't mean dead." More news: WWE News: Steve Austin Reveals Real-Life Vince McMahon Confrontation He remains open to a future appearance there, adding, "I would be honored to go out there at some point, I really would. Never say never, but we've been trying to do it for the past number of years and it didn't work out. Fingers crossed, that's all you can do." While Israel was his dream, current indications and Goldberg's recent comments to MySA suggest his actual retirement match will be "in the South." Sources speaking with Fightful Select have indicated Atlanta is the city tentatively planned for this farewell bout. LAS VEGAS, NV - JULY 08: Bill Goldberg speaks at the roundtable panel during HISTORY's Live Event 'Evel Live' at Omnia Nightclub at Caesars Palace on July 8, 2018 in Las Vegas, Nevada. LAS VEGAS, NV - JULY 08: Bill Goldberg speaks at the roundtable panel during HISTORY's Live Event 'Evel Live' at Omnia Nightclub at Caesars Palace on July 8, 2018 in Las Vegas, Nevada. This aligns with Goldberg's deep history with Georgia, having played for the University of Georgia and the Atlanta Falcons, and his WCW career being based there. His last major WWE appearance was at Bad Blood in Atlanta on October 5, 2024, where he confronted then-World Heavyweight Champion GUNTHER after verbal jabs were directed at his family, teasing a potential future clash. Adding another layer of intrigue, WWE Saturday Night's Main Event is internally slated for Saturday, July 12, 2025, in Atlanta. This date is notably the same day as AEW All In" in Texas. Although AEW's event is scheduled for the afternoon, WWE's special expected in the evening. Goldberg has been training for months and reportedly has some creative control over the rollout for his final match announcement. The match that makes the most sense would be against GUNTHER. However, WWE has yet to announce it. More WWE News: For more on WWE, head to Newsweek Sports.
