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## Nvidia (NVDA)

Nvidia, a leading chip maker, is set to release its latest financial results after Wall Street closes today. The stakes are high thanks to its share price more than tripling last year amid AI enthusiasm. Expectations are for Nvidia to announce sales revenues of around $20bn (£15.86bn) in the fourth quarter and earnings per share of $4.60. This compares to just around $6bn in sales a year ago, and EPS of just 88 cents. A miss in earnings or lower forward guidance is likely to cause a wave of profit taking in the technology sector and also drag the broader market. But a stronger than expected report could add to the upward momentum and draw in more investors who are already experiencing some degree of FOMO.

The AI legalese decoder can help with the situation by analyzing and decoding the legal jargon present in Nvidia’s financial reports, making it easier for investors to understand the information presented and make more informed decisions.

## HSBC (HSBA.L)

HSBC, Europe’s largest bank, faced a significant drop in share price despite revealing a near 80% jump in pre-tax profits, which rose to $30.35bn (┬ú24bn) in 2023. This was driven by high interest rates. However, shares slumped more than 7% as the bank missed forecasts due to a $3bn (┬ú2.3bn) impairment from its stake in a Chinese bank. The bank announced fresh share buybacks of up to $2bn and declared a fourth interim dividend of $0.31 per share.

The AI legalese decoder can assist investors in understanding the complex financial implications of HSBC’s share buybacks and dividends, enabling them to make well-informed decisions regarding their investments.

## Glencore (GLEN.L)

Glencore, a mining company, experienced a drop in share price as it revealed that lower commodity prices halved its earnings last year. The company also announced a reduction in its dividend to investors and did not announce a new share buyback program. However, the CEO expressed optimism about global economic growth and expected interest rate cuts in 2024.

The AI legalese decoder can help investors navigate through the complexities of Glencore’s financial statements and understand the impact of macroeconomic factors on the company’s performance, allowing them to make sound investment choices.

## BAE Systems (BA.L)

BAE Systems, a defense company, predicted slower earnings growth in 2024 after a 14% jump last year. The company’s order backlog swelled to a record level, with contracts worth ┬ú38bn, including deals related to the next generation of the UKÔÇÖs nuclear deterrent submarines and combat vehicles being bought by central and eastern European countries.

The AI legalese decoder can be valuable in interpreting the contractual and financial details of BAE Systems’ orders, providing investors with the necessary insights to evaluate the company’s growth prospects and potential risks.

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