Nvidia forecasts Q4 revenue above estimates despite AI bubble concerns

Nvidia's quarterly earnings report has garnered significant attention amid a lack of reliable economic data due to the government shutdown. Investors were anxious about the company's performance, particularly regarding its substantial investments in artificial intelligence. The report is expected to provide insights into Nvidia's financial health and the broader implications for the AI sector.

The family of Mohammed Ibrahim, a US teenager detained by Israel, is demanding independent medical care for him. An uncle of Ibrahim stated that a US official who visited the teen reported that his health is deteriorating while in Israeli detention.

Gaza's Health Ministry reported that Israeli attacks resulted in the deaths of at least 28 Palestinians and injured 77 others, causing widespread panic in the already war-torn enclave. This escalation comes amid ongoing violence despite a fragile ceasefire agreement.

Jensen Huang, CEO of Nvidia, addressed concerns during an earnings call after the company reported third-quarter earnings that exceeded Wall Street expectations. Nvidia's shares rose in after-market trading, reflecting investor confidence amid fears of an AI bubble. Huang emphasized the significant transformation in AI, asserting Nvidia's foundational role in this evolution.

Since 2019, the number of people facing hunger has doubled, with hundreds of millions experiencing food shortages. This alarming trend is attributed to the combined effects of conflict, climate change, and economic crises, which have severely impacted food security worldwide.

Reports indicate that a new 28-point peace plan drafted by the US for Ukraine closely aligns with Russian demands, suggesting that Kyiv may need to cede territory and limit its military capabilities. This development raises concerns about the implications for Ukraine's sovereignty and the ongoing conflict with Russia.

At least 25 people were killed and dozens wounded in overnight Russian missile and drone attacks across western Ukraine. The strikes particularly affected the city of Ternopil, where residential buildings were targeted, resulting in significant casualties. This escalation in violence has raised concerns about the ongoing conflict in the region.

US President Donald Trump announced that his administration is actively seeking a resolution to the ongoing war in Sudan. This statement reflects a commitment to addressing international conflicts and promoting peace in the region.