FTSE 100 Live 21 November: Nvidia results beat hopes, Bitcoin above $97,000

JD Sports Fashion contiguous warned that yearly profits volition beryllium towards the little extremity of its guidance scope betwixt £955 cardinal and £1.03 billion.

The retailer said the revision followed accrued trading volatility successful October, peculiarly successful North America and the UK, owed to elevated promotional enactment and mild weather.

In the 13 weeks to 2 November, like-for-like income fell 0.3% arsenic the softer October show offset a bully August and September.

Chief enforcement Régis Schultz said: “We person performed good successful the cardinal trading events this twelvemonth and we are good positioned for the upcoming highest season.”

Nvidia shares traded little successful extended dealings past night, contempt the AI chipmaker reporting quarterly nett income much than treble past year’s level.

Alongside the latest forecast beating results, the world’s astir invaluable institution hailed “incredible” request for its adjacent procreation Blackwell chips.

The shares person risen 50% successful the past six months but fell 2.5% successful after-hours trading past night. The results were released aft US markets closed, with starring benchmarks ending the league adjacent to their opening marks.

The FTSE 100 scale closed 0.2% little yesterday but is forecast to emergence 28 points to 8113 successful today’s opening dealings.

Bitcoin, meanwhile, continues to payment from hopes of supportive conditions nether a Trump medication by rising supra $97,000 this morning.