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Nvidia beats earnings with 85% revenue jump but shares dip; SpaceX files for IPO; Fed signals possible rate hikes.

Company Fundamentals
21 May 2026
CNBC
View Source
Neutral
pluang ai news

Nvidia reported an 85% revenue increase driven by strong data center sales and announced an $80 billion buyback and higher dividends, yet its shares fell slightly post-earnings. SpaceX filed for an IPO, aiming to list on Nasdaq with a $28.5 trillion market opportunity, while OpenAI may also file soon. The Federal Reserve indicated that interest rates might rise if inflation persists due to the Iran conflict, despite some hope for cuts if conditions improve. Meanwhile, Walmart lowered its outlook amid consumer pressures, and Jeff Bezos discussed AI investment and tax policies in a CNBC interview.

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