Jonathan Custer

COTD: Covid-19 Risk To Manufacturing

February 15, 2020 by Jonathan Custer

COTD – Chart of the Day The holiday is over, but few people are back in offices and factories…the effects of covid-19 will be like those of SARS in 2003: a sharp shock to Chinese growth, followed by a strong rebound. But SARS may not be a reliable guide. China’s economy accounts for 16% of GDP …

U.S. Industrial Production Fall -0.3% In December, Electronics Up

February 14, 2020 by Jonathan Custer

The Federal Reserve Board reported Industrial Production this morning, Industrial production declined 0.3 percent in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft. The index for manufacturing edged down 0.1 percent in January; excluding the production of aircraft and parts, factory …

Nvidia Reports 41% Y/Y Revenue Growth, 3% Sequential

February 13, 2020 by Jonathan Custer

Artificial intelligence and graphics chipmaker Nvidia reported its 2020 Q4 earnings after the market close today (fiscal quarter ends on January 26th, 2020). The company announced revenues of $3.11 billion for the quarter, a jump of 41 percent from the year-ago and a 3 percent increase from the third quarter. The stock is trading 6.5 …