The EU's Meta Penalty, Nvidia Earnings on Tap, and Lenovo Full-Year Results 5/24/23
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Europe's fine against Meta Platforms for illegal data transfers is the largest penalty to date under the EU General Data Protection Regulation. EU's Data Protection Commissioner Helen Dixon explains the decision. Plus, Nvidia CEO Jensen Huang is warning that U.S.-China tensions will negatively impact the chip industry. Wedbush's Matt Bryson discusses what this means ahead of earnings. And, Hong Kong-based PC maker Lenovo reported a third consecutive earnings miss but sees upside ahead. Lenovo CFO Wai Ming Wong breaks down the results.