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2 notes
Business
On Holding missed second quarter expectations by roughly CHF 28 million and fell 20 percent. Currency translation had already removed about CHF 61 million from the same line, and the company now operates in a currency it does not report in.
Nvidia has committed tens of billions to companies across its own customer base: equity in CoreWeave and Nebius, and $3.5bn of facility lease guarantees. But the filings that disclose the capital never name a financed customer in the revenue-concentration note. This is what can and cannot be concluded.