Nvidia reported better-than-expected Q1 earnings and raised revenue guidance, boosting its stock slightly in premarket trading. SpaceX filed its S-1 registration with the SEC, signaling an upcoming IPO and providing rare financial insights. U.S. stock futures showed mixed performance with Dow Jones and S&P 500 flat, while Nasdaq dipped slightly. Investors await key economic data including jobless claims, housing starts, and manufacturing surveys, with markets pricing in a high likelihood the Fed will keep interest rates steady in June. BlackRock upgraded developed market stocks, citing AI-driven earnings momentum and expanding market leadership beyond tech.
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 ...
SpaceX's pre-IPO filing disclosed two early-stage projects with Tesla: Macrohard, an AI software platform, and Terafab, a chip fabrication initiative. These ventures reflect a broader industry trend toward building AI infrastructure and controlling c...
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...
