📈 Stocks / Finance

Nvidia faces $5B–$8B China revenue hit amid Q1 earnings drop

Investor’s Business Daily

Nvidia may lose up to $8B quarterly from the China H20 chip ban. Q1 EPS estimates dropped from 88¢ to 73¢; revenue forecast cut to ~$43.34B. Analysts expect downside risk, but new AI chip for China and cloud capex could offset headwinds.

SoundHound AI Jumps 16% on Analyst Buy Rating

Yahoo Finance

SoundHound AI shares rose 16.1% to $11.12 after Piper Sandler initiated coverage with a Buy rating and $12 target, citing strong growth potential in voice AI and automotive tech. The stock remains down 44.9% YTD and 54.1% below its 52-week high.

PDD Shares Sink 14% After Q1 Miss and 44% Earnings Decline

Investor’s Business Daily

PDD reported Q1 adjusted earnings of 11.41 yuan per ADS, missing estimates by 40%, with sales up just 10% to 95.67B yuan. Earnings dropped 44% YOY as trade policy shifts and rising costs weighed on Temu and Pinduoduo. Shares fell 14%, breaking key technical levels.

🪙 Crypto

Ethereum signals potential altseason as price targets $4.1K

Coin Telegraph

ETH reclaimed the Gaussian mid-line near $2,600, a level that historically preceded 100%+ rallies and altcoin surges. Analysts cite potential for ETH to hit $4.1K by July, but $123B in ETH supply near cost basis poses downside risk if sentiment shifts.

🌎 Global Economy

India Overtakes Japan as Fourth-Largest Economy

Gulf News

India’s nominal GDP hit $4.19T in early 2025, surpassing Japan’s $4T, per IMF data. Growth stems from reforms, digital infrastructure, and manufacturing gains. India is now the fastest-growing major economy, projected at 6.5–7% annual growth with rising FDI and internal consumption.

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_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}