Good morning from the Financial Times.
Today is Thursday, February 27th.
This is your FT news briefing.
Nvidia saw its revenues soar last quarter
and the high cost of health care in China is hurting the country's economy.
Plus, US investors are kicking a lot of cash into UK football,
and a lot of smaller clubs are seeing the benefits.
If you're a billionaire and you want to dabble in owning a football club,
it's quite cheap, pretty low risk, but you can have some fun along the way.
I'm Mark Filippino and here's the news you need to start your day.
Nvidia reported quarterly earnings yesterday and the chip maker really outdid itself.
The company said its sales increased 78% year over year to more than $39 billion.
That blew Wall street expectations out of the water.
Nvidia expects that it will bring in around 43 billion in revenue this quarter,
which is what analysts more or less expect.
Investors were happy with what they saw.
Nvidia's share price rose around 2.5% in after hours trading.
Over the past two decades,
China has expanded its health care coverage to about 95% of its population.
Health care coverage for children,