Nvidia reported an 85% year-over-year revenue increase to $81.62 billion, beating estimates, and announced an $80 billion share buyback along with a 2400% dividend increase. CEO Jensen Huang noted Nvidia has largely conceded the China AI chip market to Huawei due to U.S. export restrictions. SpaceX's IPO filing revealed Starlink generated $11.4 billion in revenue and $4.4 billion in operating income in 2025, while its AI segment posted a $6.4 billion operating loss amid heavy investment. PepsiCo plans selective price increases on single-serve chip bags for the first time in 15 years, citing higher production and distribution costs.
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 exceeded its Q1 earnings estimates, raised its dividend, and announced an $80 billion expansion of its stock buyback program. Despite these strong results, the stock price remained flat following a recent rally. Market optimism is currently in...
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...
