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.
The S&P 500 ended a three-day losing streak with a 1.08% gain, driven by falling oil prices and lower Treasury yields that improved market sentiment. Optimism grew over potential progress in Middle East peace talks, which helped push oil prices down ...
Nvidia reported a record Q1 2027 revenue of $81.6 billion, an 85% increase year-over-year and 20% quarter-over-quarter, driven mainly by its Data Center segment generating $75.2 billion. The company maintained a strong 75% gross margin while reducing...
NVIDIA CEO Jensen Huang announced the Vera CPU, a new product targeting a $200 billion market opportunity in AI and data center infrastructure. Vera is designed specifically for agentic AI workloads and will be deployed in various configurations, inc...
Google is shifting from relying on external partners to designing its own AI chips, following Apple's successful vertical integration model. This move aims to reduce AI training costs, improve performance, and strengthen control over its AI infrastru...
Bond yields are unlikely to drop significantly until there is a meaningful selloff in stocks, according to BCA Research. The ongoing Iran war and energy crisis continue to drive inflation and keep bond yields elevated. Although oil prices have eased ...
