Wednesday night, NVIDIA (NVDA) reported numbers that beat Wall Street expectations for a fourth consecutive quarter. EPS of $1.87 beat Wall Street consensus estimates of $1.77, while revenue of $81.6 billion came in ahead of the $79 billion consensus. Meanwhile, gross margins were inline with Wall Street estimates at a juicy 75% while Q2 forward guidance came in slightly above consensus at $89.1 b...
Wednesday night, NVIDIA (NVDA) reported numbers that beat Wall Street expectations for a fourth consecutive quarter. EPS of $1.87 beat Wall Street consensus estimates of $1.77, while revenue of $81.6 billion came in ahead of the $79 billion consensus. Meanwhile, gross margins were inline with Wall Street estimates at a juicy 75% while Q2 forward guidance came in slightly above consensus at $89.1 billion to $92 billion versus $87 billion consensus. The biggest news to break from the report is that NVIDIA will split into two reporting segments: data center and edge computing. NVIDIA’s reason for the transition is to better reflect where its growth is actually coming from. The move highlights how NVIDIA is transitioning to beyond just a GPU company. Instead, it’s becoming a full infrastructure powerhouse. One prominent example is that data center networking revenue bolted to $14.8 billion, up 199% from a year ago and 35% sequentially. CEO Jensen Huang noted that while supply chain capacity has scaled beautifully over the last few quarters to meet demand, the appetite for high-performance cluster computing is staying ahead of supply. Additionally, Vera Rubin and Blackwell, NVIDIA’s next-generation platforms are progressing rapidly, ensuring that the company remains the dominant player in the space. Despite another blockbuster quarter, NVIDIA shares were little changed in after-hours trading. The reason for this is threefold in my view: 1. Size: With a market cap of more than $5 trillion, it’s difficult to move the needle. 2. Expectations Priced In: By now, the story of extreme spending on AI infrastructure and GPUs is well known on Wall Street and thus priced in. 3. Pre-EPS Run: NVDA shares ran from the mid-160s to $230 prior to earnings. In addition to its high-quality earnings, NVIDIA authorized a large $80 billion share buyback program, demonstrating confidence in its ongoing cash generation. Bottom Line NVIDIA remains the undisputed AI leader. That said, due to high...
Wednesday night, NVIDIA (NVDA) reported numbers that beat Wall Street expectations for a fourth consecutive quarter. EPS of $1.87 beat Wall Street consensus estimates of $1.77, while revenue of $81.6 billion came in ahead of the $79 billion consensus. Meanwhile, gross margins were inline with Wall Street estimates at a juicy 75% while Q2 forward guidance came in slightly above consensus at $89.1 b...
Wednesday night, NVIDIA (NVDA) reported numbers that beat Wall Street expectations for a fourth consecutive quarter. EPS of $1.87 beat Wall Street consensus estimates of $1.77, while revenue of $81.6 billion came in ahead of the $79 billion consensus. Meanwhile, gross margins were inline with Wall Street estimates at a juicy 75% while Q2 forward guidance came in slightly above consensus at $89.1 billion to $92 billion versus $87 billion consensus. The biggest news to break from the report is that NVIDIA will split into two reporting segments: data center and edge computing. NVIDIA’s reason for the transition is to better reflect where its growth is actually coming from. The move highlights how NVIDIA is transitioning to beyond just a GPU company. Instead, it’s becoming a full infrastructure powerhouse. One prominent example is that data center networking revenue bolted to $14.8 billion, up 199% from a year ago and 35% sequentially. CEO Jensen Huang noted that while supply chain capacity has scaled beautifully over the last few quarters to meet demand, the appetite for high-performance cluster computing is staying ahead of supply. Additionally, Vera Rubin and Blackwell, NVIDIA’s next-generation platforms are progressing rapidly, ensuring that the company remains the dominant player in the space. Despite another blockbuster quarter, NVIDIA shares were little changed in after-hours trading. The reason for this is threefold in my view: 1. Size: With a market cap of more than $5 trillion, it’s difficult to move the needle. 2. Expectations Priced In: By now, the story of extreme spending on AI infrastructure and GPUs is well known on Wall Street and thus priced in. 3. Pre-EPS Run: NVDA shares ran from the mid-160s to $230 prior to earnings. In addition to its high-quality earnings, NVIDIA authorized a large $80 billion share buyback program, demonstrating confidence in its ongoing cash generation. Bottom Line NVIDIA remains the undisputed AI leader. That said, due to high...
暴雨｜上水古洞坑頭村水浸 村民：遇過最嚴重一次 所幸預先墊高電器損失不多 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】大雨期間，包括上水古洞坑頭村水浸入屋內，屋主要通宵清理，形容是最嚴重的一次水浸。 古洞坑頭村...
暴雨｜上水古洞坑頭村水浸 村民：遇過最嚴重一次 所幸預先墊高電器損失不多 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】大雨期間，包括上水古洞坑頭村水浸入屋內，屋主要通宵清理，形容是最嚴重的一次水浸。 古洞坑頭村全晚水浸，至早上仍未水退。浸到入屋，留下水浸的痕跡，四處都有泥沙留下。屋主郭先生徹夜清理，但一直都清理不完，「凌晨2時一度停雨，便清理了一個半小時至4時休息一下。變乾淨，又再下雨，便變了這個情況。」他形容這次水浸是他遇過最嚴重的一次。 坑頭村村民郭先生：「水位到腳踭，鞋子都飄來飄去。清理了一個半小時，之後又下雨，我便沒有辦法。又下雨就是這個情況，做不到。（當時就放棄了？）不是放棄，等待。所謂等待黎明，沒有一次是這麼厲害，以我記憶。」 他一早已墊高雪櫃等電器，事因這裡位處低窪，一向都有水浸問題，所幸今次損失不多。「不敢再放在此，見過鬼怕黑。磚頭、沙包我們都有領取過，也無法防備。如果是傾盆大雨，這些低窪也無法防備，只有日後重建才能改善，政府一直在研究渠務。」 郭先生指以他了解，渠務署已計劃改善渠道工程，準備招標。
The US special envoy to Greenland, the Arctic island coveted by President Donald Trump, said on Wednesday that Washington needs to rebuild its presence in the Danish autonomous territory. At the height of the Cold War, Washington had 17 military facilities in Greenland, but closed them over the years and currently has just one – the Pituffik base in the north of the island. Trump has repeatedly ar...
The US special envoy to Greenland, the Arctic island coveted by President Donald Trump, said on Wednesday that Washington needs to rebuild its presence in the Danish autonomous territory. At the height of the Cold War, Washington had 17 military facilities in Greenland, but closed them over the years and currently has just one – the Pituffik base in the north of the island. Trump has repeatedly argued the US needs to control Greenland because of national security concerns, claiming that if it does not, the island risks falling into the hands of China or Russia. Advertisement Greenland is on the shortest route for missiles between Russia and the United States. It is also believed to have untapped rare earth minerals and could be a vital asset as the polar ice melts and new shipping routes emerge. “I think it’s time for the US to put its footprint back on Greenland,” US envoy Jeff Landry said as he wound up his first visit to the island since his appointment in December 2025. US special envoy to Greenland Jeff Landry (centre) visits Nuuk, Greenland, on Wednesday. Photo: Ritzau Scanpix via AP “I think that you’re seeing the president talk about increasing national security operations and repopulating certain bases in Greenland,” he said.
NEW YORK, May 20 (Reuters) - Elon Musk's rocket and satellite maker SpaceX filed on Wednesday for its widely awaited initial public offering, which stands to raise the most ever in an initial offering. The firm said it has picked the Nasdaq as the trading venue for its blockbuster market debut, confirming what people familiar with the matter told Reuters this month. COMMENTS: DAN IVES, HEAD OF T...
NEW YORK, May 20 (Reuters) - Elon Musk's rocket and satellite maker SpaceX filed on Wednesday for its widely awaited initial public offering, which stands to raise the most ever in an initial offering. The firm said it has picked the Nasdaq as the trading venue for its blockbuster market debut, confirming what people familiar with the matter told Reuters this month. COMMENTS: DAN IVES, HEAD OF TECHNOLOGY RESEARCH AT WEDBUSH SECURITIES, NEW YORK: "SpaceX officially filed its S-1 to go public via IPO under the ticker symbol SPCX representing the largest IPO in stock market history, as the company remains at the center of two of the largest growth opportunities over the coming decades. "We continue to believe that SpaceX and Tesla will eventually merge into one company in 2027 with the groundwork already in place for both operations to become one organization. "Musk wants to own and control more of the AI ecosystem and step by step the holy grail could be combining SpaceX and Tesla in some way to give the connected tissue between both disruptive tech stalwarts looking to lead the AI revolution." DENNIS DICK, PROPRIETARY TRADER, TRIPLE D TRADING, BARRIE, ONTARIO, CANADA: "It's a little scary to come in and say, 'Yeah, let's go invest in a $2 trillion company," hoping that they'll reach the stars. I'll probably trade SpaceX but I don't know that I'd be an investor. "You have to think about what this means for Tesla. Once SpaceX is public, does some of the luster around Tesla start to fade? Now you're going to have another way to play Elon Musk." CAROL SCHLEIF, CHIEF MARKET STRATEGIST, BMO PRIVATE WEALTH, MINNEAPOLIS: "Space in general is attractive to investors. They like optimistic themes and it's another iteration of the importance and sustainability of not just the AI trend, but the technology transformation, because it's robots, it's space. It's advanced manufacturing. Its advances in scientific discovery and drug discovery and medical equipment. It's ...
CEO Jensen Huang says that Nvidia's growth prospects go beyond the massive spending from hyperscalers. Hyperscalers are the massive cloud providers, like Microsoft and Alphabet, that are spending hundreds of billions of dollars on AI. The concern on Wall Street is that eventually these companies will eventually stop spending as much on Nvidia chips.
CEO Jensen Huang says that Nvidia's growth prospects go beyond the massive spending from hyperscalers. Hyperscalers are the massive cloud providers, like Microsoft and Alphabet, that are spending hundreds of billions of dollars on AI. The concern on Wall Street is that eventually these companies will eventually stop spending as much on Nvidia chips.
Advice for 2026 commencement speakers: Don't bring up AI toggle caption University of Central Florida and Middle Tennessee State University via Storyful/Screenshots by NPR Glendale Community College's commencement ceremonies hit a snag just as students were walking across the stage to get their diplomas last week. The wrong names were being read aloud at the ceremony, just outside Phoenix. Some of...
Advice for 2026 commencement speakers: Don't bring up AI toggle caption University of Central Florida and Middle Tennessee State University via Storyful/Screenshots by NPR Glendale Community College's commencement ceremonies hit a snag just as students were walking across the stage to get their diplomas last week. The wrong names were being read aloud at the ceremony, just outside Phoenix. Some of the graduates' names didn't even get read. The college's president, Tiffany Hernandez, tried to explain the problem. "We're using a new AI system as our reader," she said, leading to loud boos from the audience. (In a statement, the college blamed technical issues and said it had apologized to students for the experience.) Other commencement speakers who have brought up the sweeping changes that artificial intelligence is driving are also facing boos from the Class of 2026. Sponsor Message Real estate executive Gloria Caulfield described AI to the graduating class of the University of Central Florida on May 8 as "the next industrial revolution." The boos started almost immediately. "OK, I struck a chord," said Caulfield. Graduating students at Middle Tennessee State University booed when record executive Scott Borschetta told them at their May 9 commencement ceremony, "AI is rewriting production as we sit here." Borschetta responded to the boos with: "Deal with it. Like I said, it's a tool." As the booing continued, he added, "Then do something about it. It's a tool. Make it work for you." Former Google CEO Eric Schmidt was repeatedly booed by University of Arizona graduates at their commencement on May 15, including when he said, "The question is not whether AI will shape the world. It will. The question is whether you will help shape artificial intelligence." ChatGPT was released in 2022, when many of this year's undergraduates were just starting college. Many have embraced AI for good and for ill, whether to build businesses or use it to cheat. But despite – or perhaps ...
Earnings Call Insights: The TJX Companies (TJX) Q1 fiscal 2027 Management View “First quarter sales, profitability and earnings per share were all well above our expectations… Overall comp sales were up an outstanding 6%… With our above planned first quarter sales, we are raising our full year sales and profitability outlook.” (CEO, President & Director Ernie Herrman) “Availability of quality bran...
Earnings Call Insights: The TJX Companies (TJX) Q1 fiscal 2027 Management View “First quarter sales, profitability and earnings per share were all well above our expectations… Overall comp sales were up an outstanding 6%… With our above planned first quarter sales, we are raising our full year sales and profitability outlook.” (CEO, President & Director Ernie Herrman) “Availability of quality branded merchandise continues to be outstanding… the second quarter is off to a good start.” (CEO Herrman) “Pretax profit margin was 12%, up 170 basis points… Gross margin was 31.3%, up 180 basis points… All this led to diluted earnings per share of $1.19, up 29%.” (Senior Executive VP & CFO John Klinger) “We opened our first store in Spain and the customer response was terrific.” (CFO Klinger) “We continue to reinvest in the growth of our business while returning $1.1 billion to shareholders… we have increased our fiscal 2027 share buyback guidance to a range of $2.75 billion to $3 billion.” (CFO Klinger) Outlook “We are planning overall comp sales to increase 2% to 3%… Consolidated sales to be in the range of $15 billion to $15.1 billion… we expect second quarter diluted earnings per share to be in the range of $1.15 to $1.17.” (CFO Klinger) “We now expect overall comp sales growth of 3% to 4%… consolidated sales guidance… $63.2 billion to $63.7 billion… pretax profit margin… 11.9% to 12%… diluted earnings per share… $5.08 to $5.15.” (CFO Klinger) “We did not flow the entire first quarter pretax profit and earnings per share beat to the full year as we are now planning current fuel prices to remain in place for the rest of the year.” (CFO Klinger) Financial Results “Our first quarter consolidated comp sales increased 6%… driven equally by a higher average basket and an increase in customer transactions.” (CFO Klinger) “Gross margin was 31.3%, up 180 basis points… primarily driven by an increase in merchandise margin, a benefit from favorable inventory and fuel hedges and expe...
Nordson (NDSN) came out with quarterly earnings of $2.86 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.54%. A quarter ago, it was expected that this maker of adhesives and industrial coatings would post earnin...
Nordson (NDSN) came out with quarterly earnings of $2.86 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.54%. A quarter ago, it was expected that this maker of adhesives and industrial coatings would post earnings of $2.36 per share when it actually produced earnings of $2.37, delivering a surprise of +0.42%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Nordson, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $740.85 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 1.35%. This compares to year-ago revenues of $682.94 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Nordson shares have added about 13% since the beginning of the year versus the S&P 500's gain of 7.4%. What's Next for Nordson? While Nordson has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings ...
Largest US Electric Grid Gets Approval To Curtail Data Centers During Hot Weather By Ethan Howland of Utility Dive Power plant and transmission owners often take their facilities offline in the spring for maintenance so they are prepared for the summer, PJM noted. The largest US electricity grid operator said it expected power plants totaling more than 40 GW would be offline for planned outages on...
Largest US Electric Grid Gets Approval To Curtail Data Centers During Hot Weather By Ethan Howland of Utility Dive Power plant and transmission owners often take their facilities offline in the spring for maintenance so they are prepared for the summer, PJM noted. The largest US electricity grid operator said it expected power plants totaling more than 40 GW would be offline for planned outages on May 18. An Amazon Web Services data center in Stone Ridge, Va. The PJM Interconnection will be able to curtail data centers and other large loads that have backup generation under an emergency order issued May 18, 2026, by the U.S. Department of Energy “The projected level of generation outages coupled with the forecasted demand raises a significant risk of emergency conditions that could jeopardize electric reliability and public safety,” PJM said. The curtailments would be a last resort before ordering rolling blackouts, according to the DOE’s order, issued under the Federal Power Act’s section 202(c). Only large energy consumers with backup generation would be affected. “The employment of this backup generation is expected to reduce stress on the grid,” the DOE said. “ This will permit orderly, safe, and secure operations during PJM’s hot weather conditions.” Next summer the Eastern seaboard will look like North Korea at night thanks to chatbots pic.twitter.com/NEY97pa1LB — zerohedge (@zerohedge) May 6, 2026 There are significant amounts of backup generation in the United States that have remained largely untapped during grid emergencies, according to the DOE. “Deployment of backup generation resources (whether auxiliary, standby, directly-connected, battery storage or other, and whether synchronized or not to the bulk power system) at data centers (including, but not limited to, hyperscaler facilities), and at other large load industrial and commercial customer sites, can prevent avoidable blackouts, thereby saving lives and reducing costs to the American people,” the ...