Despite growing fears about Deepseek's growing presence, tech giant Nvidia is reporting an impressive sales result.

Nvidia reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips, which power artificial intelligence systems, continued to grow.

This has also boosted the company's stock.

Greg Smith from Devon Funds Management says Nvidia has pulled ahead of all its competitors - with only Apple narrowly beating it out.

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Despite growing fears about Deepseek's growing presence, tech giant Nvidia is reporting an impressive sales result.
Nvidia reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips, which power artificial intelligence systems, continued to grow.
This has also boosted the company's stock.
Greg Smith from Devon Funds Management says Nvidia has pulled ahead of all its competitors - with only Apple narrowly beating it out.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Greg Smith: Devon Funds Management expert on Nvidia's record sales

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6a658129-51bc-409c-a06e-b291007095b6/transcript

The Met Office is expected to confirm that the UK has had its hottest summer since records began in 1884.

This year has seen five significant widespread heatwaves and 40 days of temperatures above 30C (86F). 

UK correspondent Enda Brady explained further.

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The Met Office is expected to confirm that the UK has had its hottest summer since records began in 1884.
This year has seen five significant widespread heatwaves and 40 days of temperatures above 30C (86F).&nbsp;
UK correspondent Enda Brady explained further.
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Enda Brady: UK correspondent on the UK potentially having its hottest summer since records began

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/233efb0f-9bf9-4828-8750-b4b800873abb/transcript

Shearer Megan Whitehead is looking to claim her record back.

She will attempt to reclaim the record from North Island shearer Sacha Bond, who broke Whitehead’s mark in 2023 by shearing 720 lambs in nine hours.

The Country's Hamish McKay explained further.

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Shearer Megan Whitehead is looking to claim her record back.
She will attempt to reclaim the record from North Island shearer Sacha Bond, who broke Whitehead’s mark in 2023 by shearing 720 lambs in nine hours.
The Country's Hamish McKay explained further.
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Hamish McKay: The Country spokesperson on Megan Whitehead chasing shearing record comeback

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a432ccdb-aabd-4eeb-bfa9-b4b800851f2f/transcript

About 130 jobs could be on the chopping block at Woolworths.

Workers First Union says Woolworths is proposing to cut about 130 customer care roles in New Zealand - with affected staff called to a meeting.

Woolworths says it's exploring integrating customer care operations with Sydney's established support capability.

Union deputy secretary Rudd Hughes says this move won't help their customer service, as people will benefit from having workers who have insights into New Zealand operations.

LISTEN ABOVE

About 130 jobs could be on the chopping block at Woolworths.
Workers First Union says Woolworths is proposing to cut about 130 customer care roles in New Zealand - with affected staff called to a meeting.
Woolworths says it's exploring integrating customer care operations with Sydney's established support capability.
Union deputy secretary Rudd Hughes says this move won't help their customer service, as people will benefit from having workers who have insights into New Zealand operations.
LISTEN ABOVE

Rudd Hughes: Workers First deputy secretary on Woolworths moving 130 jobs to Australia

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9bb6c9d9-8577-40f0-89be-b4b800800865/transcript

Greg Smith: Devon Funds Management expert on Nvidia's record sales

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