Bloomberg Intelligence BI Weekend: Nvidia, Macy’s Earnings, Trump Family’s Money Making Machine
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May 30, 2025 Mary Ross Gilbert, a Senior Equity Analyst at Bloomberg Intelligence specializing in retail, joins the discussion to dissect Macy's latest earnings. She highlights Macy's strategic store closures and evolving tactics amid fluctuating tariffs. The conversation dives into consumer sentiment, uncovering opportunities for growth in the retail sector despite current pressures. Additionally, insights into profitability trends at Dick's Sporting Goods provide a broader picture of stability in retail sales amidst an evolving market landscape.
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Nvidia's Diversified Growth Drivers
- Nvidia's data center revenue from China is almost zero due to sanctions and restrictions.
- Growth is expected from Middle East, India, Japan, and enterprises investing in regional AI and cloud projects.
House Bill Threatens Clean Energy
- The House's tax and spending bill severely restricts clean energy investments, especially residential solar.
- Utility scale projects face complicated restrictions, drastically reducing usable credits and chilling investment.
Trump Family’s Vast Money Machine
- The Trump family has created an unprecedented money-making machine during his presidency.
- Their deals span real estate, crypto, branding, and corporate connections, generating billions globally.