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 sharply. Nvidia's strong earnings also reinforced confidence in AI-related investments. Investors are now watching upcoming Walmart earnings and economic data for further market direction.
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...
Nvidia announced a massive stock buyback program worth $80 billion and increased its dividend yield by 2,400%, raising the annual dividend from $0.04 to $1 per share. This move significantly benefits CEO Jensen Huang, whose dividend income is set to ...
Samsung Electronics workers paused an 18-day strike after reaching a tentative wage agreement, easing disruption concerns at South Korea's largest company. The union will vote on the deal from May 22 to 27, following government-led negotiations that ...
Nvidia CEO Jensen Huang stated the company has largely conceded the Chinese AI chip market to Huawei due to US export restrictions. Despite reporting a strong quarter with revenue up 85% and launching an $80 billion buyback program, Nvidia faces chal...
SoftBank Group's shares jumped over 16% following Nvidia's blockbuster earnings report, which highlighted strong growth in the artificial intelligence sector. SoftBank benefits from its stake in Arm Holdings, whose chip designs support AI servers pow...
