Nora Melinda

Nora Melinda, a Bloomberg TV markets correspondent, delves into exciting stock movements. She highlights how Ross Stores exceeded expectations with strong Q3 results, attracting cash-strapped shoppers. The discussion then shifts to Nvidia, where potential U.S. government talks on H200 chip sales to China spark speculation. Finally, Nora showcases Gap's surprising sales performance, crediting Old Navy and Banana Republic for bolstering the brand, despite a cautious retail environment.

Nora Melinda, Bloomberg TV markets correspondent, joins to break down significant stock movements. She discusses Nvidia's drop due to SoftBank's $5.83 billion stake sale, which raises concerns about AI investments. RealReal shines brightly as its revenue forecast boosts shares by 27%, showcasing investor enthusiasm amid high short interest. Meanwhile, CoreWeave faces challenges with a rocky quarter and a downgraded outlook from JPMorgan, driven by data center delays. Nora's insights shed light on market dynamics and company-specific trends.

Nora Melinda, a Bloomberg Television markets correspondent, shares insights on recent earnings trends. She highlights McDonald's success as consumers prioritize budget-friendly meals, leading to a 2.4% rise in US comparable-store sales. In contrast, Cava struggles with stagnant foot traffic, prompting a cut in sales targets. Nora also discusses Live Nation's disappointing revenue report, showing a 5.1% stocks decline, despite some analysts holding onto a cautious optimism for the future.