NVDA Stock Tests $200 on Competition, Export Restrictions, AI Uncertainty as Nvidia CEO Praises TMC FXLeaders

Three Vietnam War veterans are suing to stop President Trump from building an arch just steps from Arlington National Cemetery, where 400,000 service members, veterans and their relatives are buried. (Image credit: Eric Lee for NPR)

Google TV Streamer has been updated to Thread 1.4, allowing you to access a way to manually share its Thread credentials. | Photo by Jennifer Pattison Tuohy / The Verge Apple and Google are updating their smart home streaming devices to Thread 1.4. As first spotted by Matter Alpha and 9to5 Google , the latest spec has arrived on compatible Apple TVs in the tvOS 27 developer beta and the Google TV Streamer through a software update. This lays the groundwork for these devices, which serve as Thread Border Routers , to implement Thread credential sharing , enabling them to connect more easily to an existing Thread network rather than creating their own. Thread is one of the connectivity protocols the interoperability standard Matter runs on. The original plan was for Thread Border Routers to all work seamlessly … Read the full story at The Verge.

alexsl Allianz chief economic adviser Mohamed El-Erian said both interest rate cuts and hikes are currently off the table following the latest inflation data , which showed headline inflation at a three-year high while core readings remained subdued. “Neither hikes, no cuts are on the table,” El-Erian said during a CNBC interview, explaining that cuts are sidelined because headline inflation remains elevated, but hikes are unnecessary given that core inflation was “very muted” at 0.2% month-over-month. El-Erian described the current situation as a contained shock rather than a broader inflationary spiral. “It looks like we’re having a headline shock and an energy shock, but it’s not spilling over into broader inflation,” he observed, noting this distinction is critical for understanding the Federal Reserve’s next moves. El-Erian raised concerns about a less-discussed inflationary risk: artificial intelligence investment. While AI’s long-term promise lies in productivity gains that could enable faster, non-inflationary growth, the economist warned that “the AI impact on the demand side, not the supply side, will be inflationary.” He explained that the substantial investments required to realize AI’s benefits are increasing aggregate demand, which could itself become a driver of future inflation. On energy markets, El-Erian projected oil prices ( CL1:COM ), ( CO1:COM ) would settle in the “low 80s” despite ongoing volatility stemming from geopolitical tensions. He emphasized that “dispersion should be the leading theme for investors” as markets become more selective about winners and losers. The economic adviser identified a significant “pothole” facing markets built on three elements: fundamentals, valuations, and technicals. He pointed to a “major question mark” about where funds will come from for “all the IPOs, for all the bond issues we’re looking at,” noting that valuations had become stretched. Regarding the market’s capacity to absorb major new listings like t...

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: IPOX Schuster Founder & CEO Josef Schuster and Renaissance Capital Senior Strategist Matt Kennedy. (Source: Bloomberg)

The extreme-value retailer saw traffic rise by nearly 20% in the first quarter, as the turnaround continues to impress.

On June 5, SpaceX quietly announced that it had entered into a massive compute capacity agreement with Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. SpaceX is effectively leasing access to a cluster of 110,000 Nvidia (NASDAQ: NVDA) GPUs, along with supporting CPUs, memory, and related data center hardware. In exchange, Google will pay SpaceX $920 million per month between October 2026 and June 2029. This deal represents a notable expansion of SpaceX's ambitions beyond rocket launches and satellite constellations. While headlines around the deal will fixate on SpaceX and Google, there's a more subtle winner hiding in plain sight. Image source: Nvidia. Continue reading

Key PointsOrganic growth continues to accelerate at Five Below, with same-store sales growth reaching 22.7% in the first quarter.

While AI-driven revenue opportunities may take time to materialize, solid iPhone demand and strength in the Services segment will support Apple’s growth.

Reuters recently reported that the SpaceX initial public offering is now three to four times oversubscribed.

Key PointsSpaceX sought to raise at least $75 billion. Investor demand is supposedly over three times that.

Is It Time To Reassess Palantir Technologies (PLTR) After Its Recent Share Price Pullback? simplywall.st

Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma come on Market Domination to eye some of Wednesday's top headlines, including movie lovers' first look at Jeremy Strong's — best known for HBO's corporate drama "Succession" — portrayal of Meta Platforms (META) CEO Mark Zuckerberg in "The Social Reckoning." The film is a direct sequel to Aaron Sorkin's "The Social Network."

Sandisk (NASDAQ: SNDK) stock closed out Wednesday's daily trading session in the red despite having been up big earlier in the day. The company's share price closed out the day down 0.3%, but it had been up as much as 7.2% close to the market open. Meanwhile, the S&P 500 ended the day down 1.6 %, and the Nasdaq Composite fell 2%. Sandisk stock actually surged early in today's session as investors bet on its strong outlook in the artificial intelligence (AI) memory tech market , but it lost ground as the market became more worried about the inflation outlook. With today's modest valuation pullback, the stock is still up 592% year to date as of this writing. Image source: Getty Images. Continue reading

Oracle (ORCL) reported fourth quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $2.11 (compared to analyst estimates of $1.97), and adjusted revenue came in at $19.18 billion (compared to analyst estimates of $19.09 billion). Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers.

今年以来，中国经济保持稳中有进的发展态势。对此，海内外多家权威机构近期也密集发布研究报告，研判中国经济的发展潜力和新动能。普华永道今年上半年发布的一系列研报显示，中国经济韧性凸显，新质生产力加速形成，成为全球资本的重要锚点。《全球CEO调研中国报告》发现，将中国内地列为前三大投资目的地的全球CEO比例明显提升。普华永道宏观经济研报指出，一系列数据展现出中国经济强劲的新动能：今年一季度，中国高技术产业实际使用外资同比增长30.7%，其中，研发与设计服务、计算机及办公设备制造业实际使用外资增幅分别达127.8%和88.1%。中国AI领域也表现亮眼，内地企业AI应用能力领跑全球，17%的企业实现AI降本增收。（央视新闻）

Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.

当地时间10日，以色列国防部长卡茨表示，以色列针对伊朗的军事行动“远未结束”，以色列国防军已准备好在必要时对伊朗实施“强有力的打击”。卡茨在以色列国防部一项颁奖活动上表示，以军近期在黎巴嫩南部对真主党实施多次打击。在谈及与伊朗的紧张局势时，卡茨称“不能认为战争已经结束”。他强调，如果伊朗发动攻击，以色列将予以“沉重回击”。（央视新闻）

【有線新聞】卡通CHIIKAWA八月起再在尖沙咀舉辦大型展覽。 展覽增加更多體驗元素，包括這台旋轉木馬，入場人士可以乘坐它先在啟德「一日快閃」，為活動熱身。展覽以夢幻為主題，除了會以雕塑展出多個故事場景，更首次展出多幅漫畫原畫。展覽8月1日至9月3日在尖沙咀展出，公眾需要購票入場，主辦方期望活動能夠吸引遊客和帶動港人留港消費。 AllRightsReserve創辦人林樹鑫：「我們過往大約有兩至三成是遊客，都挺踴躍，因為他們預售時候已經衝出來。我覺得零售目前面對很多轉型，有很多競爭、比賽，相信大家都知道，尤其是我們這類活動，說長不長，說短不短，展期一個多月，定能吸引一定時間的人留在香港更久。」

Oracle beats on earnings and revenue, adds $20 billion to planned capital raise CNBC

Oracle beats on earnings, but stock drops on plans to raise another $20 billion CNBC

Oracle ( ORCL ) shares fell 1.5% in extended trading on Wednesday even after the IT giant reported fiscal fourth-quarter results and guidance that topped Wall Street's forecast. For the period ending May 31, Oracle said it earned an adjusted $2.11 per share as revenue rose 21% year-over-year to $19.18B. Analysts had expected adjusted earnings of $1.97 per share on $19.09B in revenue. Cloud revenue (which includes infrastructure and applications) came in at $9.9B, up 47% year-over-year. Infrastructure revenue soared 93% (92% in constant currency) year-over-year to $4.9B, while application revenue rose 10% year-over-year to $4.1B. Software revenue fell 2.1% year-over-year to come in at $6.82B, below the $6.88B estimate. Software support revenue slipped 0.4% to $4.494B, while software license revenue came in at $1.88B, down 6.3% year-over-year. Hardware revenue rose 8.7% year-over-year to come in at $924M, above the estimate of $836.2M, while service revenue rose 13% to come in at $1.52B. Total remaining performance obligations grew $85B during the period to $638B. Most of it was “large scale” AI contracts where the customer prepaid Oracle for the purchase of GPUs or the customer bought and supplied GPUs to Oracle. The prepaid and customer supplied hardware portions of Oracle's large AI contracts total $75B, which the company said “substantially reduces the amount of capital Oracle must raise to build out our AI datacenters.” For fiscal 2027, Oracle said it expects to raise approximately $40B in debt and equity financing, including its previously announced $20B at-the-market equity issuance. Oracle does not expect to issue additional debt in calendar 2026, the company added. Looking to the first-quarter of fiscal 2027, Oracle said it expects revenue to grow between 27% and 29% in constant currency and U.S. dollars, translating to a range of $18.956B to $19.255B. Analysts were expecting $19.05B in revenue for the coming quarter. Adjusted earnings are forecast to be betw...