In the last quarter, the company reported 9.73 PEN per share, beating the 5.72 PEN estimate by 70.21%. Revenue for the same period reached 635.39 B PEN, despite the estimate of 620.56 B PEN. For the next quarter, analysts expect 6.19 PEN in earnings per share and 669.16 B PEN in revenue.
In the last quarter, the company reported 9.73 PEN per share, beating the 5.72 PEN estimate by 70.21%. Revenue for the same period reached 635.39 B PEN, despite the estimate of 620.56 B PEN. For the next quarter, analysts expect 6.19 PEN in earnings per share and 669.16 B PEN in revenue.
naotake Northern Star Resources' ( NESRF ) Stuart Tonkin said he will step down as CEO after nearly a decade of leading the Australian gold miner. Tonkin is expected to leave before the end of September, according to multiple media reports. The company’s board has begun the search for both internal and external candidates for the role. The leadership transition comes as the company works through o...
naotake Northern Star Resources' ( NESRF ) Stuart Tonkin said he will step down as CEO after nearly a decade of leading the Australian gold miner. Tonkin is expected to leave before the end of September, according to multiple media reports. The company’s board has begun the search for both internal and external candidates for the role. The leadership transition comes as the company works through operational setbacks and a major expansion project. Northern Star ( NESRF ) has faced growing investor scrutiny in recent months following production downgrades and delays tied to its A$1.5B Kalgoorlie Super Pit mill expansion More on Northern Star Resources Northern Star Resources Limited (NESRF) Q3 2026 Earnings Call Transcript Northern Star Resources Limited (NSTYY) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference - Slideshow Northern Star Resources reports Q3 results Flat gold prices YTD mask big moves in mining stocks Historical earnings data for Northern Star Resources
(RTTNews) - European stocks are seen opening mixed on Thursday as investors weigh upbeat results from AI bellwether Nvidia against uncertain U.S.-Iran negotiations. California-based AI chip giant Nvidia delivered blockbuster first-quarter results and forecast second-quarter revenue above consensus, fueling optimism that the tech rally has more room to run. U.S. equity futures traded mixed ahead of...
(RTTNews) - European stocks are seen opening mixed on Thursday as investors weigh upbeat results from AI bellwether Nvidia against uncertain U.S.-Iran negotiations. California-based AI chip giant Nvidia delivered blockbuster first-quarter results and forecast second-quarter revenue above consensus, fueling optimism that the tech rally has more room to run. U.S. equity futures traded mixed ahead of Walmart's fiscal first-quarter earnings report, due before the opening bell later today. Retail giant Target cautioned a tough macro environment ahead on Wednesday after raising its annual sales growth forecast for the first time in two years. Asian markets were sharply higher as Nvidia earnings signaled strong AI momentum, SoftBank-backed SB Energy confidentially filed for an initially public offering in the United States, and Samsung Electronics reached a last-minute deal to avert its workers' union strike. The dollar rally paused and U.S. Treasury yields eased from their 2007 highs, while gold was subdued at $4,532 an ounce. Brent crude futures steadied above $105 a barrel after falling more than 5 percent in the previous session on optimism over a possible easing of Middle East tensions and expectations for a near-term restart of energy flows through the critical Strait of Hormuz. U.S. President Donald Trump said Wednesday that talks with Iran are on the "borderline" between a deal and renewed strikes, and that Washington could wait a few days to "get the right answers." Iran said it was examining a new U.S. proposal to end the Middle East war. President Masoud Pezeshkian stated that Iran has "explored every avenue to avert war," and that "all paths remain open from our side." Overnight, U.S. stocks rose sharply as oil prices and Treasury yields tumbled on President Trump's comments that the U.S. conflict with Iran is in the "final stages", raising hopes that tensions could ease and reduce pressure on global energy markets. "We'll either have a deal or we're going to d...
We have put together stories from our coverage on science from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Could omega-3 supplements hurt the brain? Chinese military study flags risks Oral fish oil intake may not improve and could even speed up cognitive decline in Alzheimer’s disease, a research team from China’s Ar...
We have put together stories from our coverage on science from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Could omega-3 supplements hurt the brain? Chinese military study flags risks Oral fish oil intake may not improve and could even speed up cognitive decline in Alzheimer’s disease, a research team from China’s Army Medical University has found. 2. China’s northeast, poor in rare earths, scores big...
Sundry Photography Nvidia ( NVDA ) CEO Jensen Huang said the company has “largely conceded” China’s artificial intelligence chip market to Huawei, as U.S. export restrictions continue to reshape the global AI semiconductor landscape. Huang’s comments came as Nvidia reported another blockbuster quarter, with revenue surging 85% to $81.62B. The company also unveiled an $80B share buyback program and...
Sundry Photography Nvidia ( NVDA ) CEO Jensen Huang said the company has “largely conceded” China’s artificial intelligence chip market to Huawei, as U.S. export restrictions continue to reshape the global AI semiconductor landscape. Huang’s comments came as Nvidia reported another blockbuster quarter, with revenue surging 85% to $81.62B. The company also unveiled an $80B share buyback program and raised its dividend. However, China remained a key flashpoint. Looking ahead to the fiscal second quarter, Nvidia expects revenue to be $91B, plus or minus 2%. The company also said that it does not expect any revenue from China for the period. “The demand in China is quite large,” Huang told CNBC’s Sara Eisen. “Huawei is very, very strong. They had a record year, they’ll likely, very likely, have an extraordinary year coming up, and their local ecosystem of chip companies are doing quite well, because we’ve evacuated that market.” “We’ve really largely conceded that market to them,” he added. In the interview with CNBC , Huang struck a cautious tone on prospects for any near-term reopening of the Chinese market, saying Nvidia ( NVDA ) had told investors to “expect nothing” regarding approvals to sell advanced chips into the country. “I don’t have any expectation, which is the reason why we put all of our guidance, all of our numbers, all the expectations that I’ve set with all of our analysts and investors to invest nothing, to expect nothing,” Hang said. The company's share eased 1.3% in extended trading. More on Nvidia NVIDIA Corporation (NVDA) Q1 2027 Earnings Call Transcript NVIDIA Corporation 2027 Q1 - Results - Earnings Call Presentation Nvidia: The AI Factory Is Open, And Demand Keeps Exploding NVIDIA projects $91B Q2 revenue while outlining $80B buyback and a $0.25 quarterly dividend Stocks to watch on Wednesday after-hours: NVDA, INTU, ELF
Sundry Photography Nvidia ( NVDA ) CEO Jensen Huang said the company has “largely conceded” China’s artificial intelligence chip market to Huawei, as U.S. export restrictions continue to reshape the global AI semiconductor landscape. Huang’s comments came as Nvidia reported another blockbuster quarter, with revenue surging 85% to $81.62B. The company also unveiled an $80B share buyback program and...
Sundry Photography Nvidia ( NVDA ) CEO Jensen Huang said the company has “largely conceded” China’s artificial intelligence chip market to Huawei, as U.S. export restrictions continue to reshape the global AI semiconductor landscape. Huang’s comments came as Nvidia reported another blockbuster quarter, with revenue surging 85% to $81.62B. The company also unveiled an $80B share buyback program and raised its dividend. However, China remained a key flashpoint. Looking ahead to the fiscal second quarter, Nvidia expects revenue to be $91B, plus or minus 2%. The company also said that it does not expect any revenue from China for the period. “The demand in China is quite large,” Huang told CNBC’s Sara Eisen. “Huawei is very, very strong. They had a record year, they’ll likely, very likely, have an extraordinary year coming up, and their local ecosystem of chip companies are doing quite well, because we’ve evacuated that market.” “We’ve really largely conceded that market to them,” he added. In the interview with CNBC , Huang struck a cautious tone on prospects for any near-term reopening of the Chinese market, saying Nvidia ( NVDA ) had told investors to “expect nothing” regarding approvals to sell advanced chips into the country. “I don’t have any expectation, which is the reason why we put all of our guidance, all of our numbers, all the expectations that I’ve set with all of our analysts and investors to invest nothing, to expect nothing,” Hang said. The company's share eased 1.3% in extended trading. More on Nvidia NVIDIA Corporation (NVDA) Q1 2027 Earnings Call Transcript NVIDIA Corporation 2027 Q1 - Results - Earnings Call Presentation Nvidia: The AI Factory Is Open, And Demand Keeps Exploding NVIDIA projects $91B Q2 revenue while outlining $80B buyback and a $0.25 quarterly dividend Stocks to watch on Wednesday after-hours: NVDA, INTU, ELF
Molson Coors Beverage ( TAP ) has announced pricing of its public offering of $1.5B in senior notes. This includes $500M of 4.900% senior notes due in 2031 and $1B of 5.500% senior notes due in 2036. The offering is set to close around May 27, 2026, pending usual closing conditions. The company plans to use the funds for general purposes, including repaying $2 billion in 3.00% senior notes due in ...
Molson Coors Beverage ( TAP ) has announced pricing of its public offering of $1.5B in senior notes. This includes $500M of 4.900% senior notes due in 2031 and $1B of 5.500% senior notes due in 2036. The offering is set to close around May 27, 2026, pending usual closing conditions. The company plans to use the funds for general purposes, including repaying $2 billion in 3.00% senior notes due in 2026. Citigroup, BofA Securities, and Goldman Sachs are the joint book-running managers for this offering. More on Molson Coors Molson Coors: A Trough Earnings Year Is Disguising An Improving Business Molson Coors Beverage Company (TAP) Presents at Goldman Sachs Global Staples Forum 2026 Transcript Molson Coors Beverage Company (TAP) Q1 2026 Earnings Call Transcript Molson Coors Beverage announces proposed public offering of United States Dollar-Denominated Senior Notes Molson Coors declares $0.48 dividend
May Says Diner Misses American Spirit May visited the Tesla Diner with co-host Lucy Brown in a video posted to his YouTube channel, "James May's Planet Gin." The site combines a Supercharger station, diner and drive-in theater at 7001 Santa Monica Blvd. in West Hollywood, according to Tesla. May summed up the experience bluntly, describing it as “just a supercharging station like the one at fleet ...
May Says Diner Misses American Spirit May visited the Tesla Diner with co-host Lucy Brown in a video posted to his YouTube channel, "James May's Planet Gin." The site combines a Supercharger station, diner and drive-in theater at 7001 Santa Monica Blvd. in West Hollywood, according to Tesla. May summed up the experience bluntly, describing it as “just a supercharging station like the one at fleet services on the M3. And to be honest, not very true to the spirit of the American diner,” adding, “That had the feel of it like someone who’s an expert at playing Baroque harpsichord having a go at jazz. It just doesn’t work." Food And Prices Draw Sharp Criticism May described the interior as "clever" but "sterile" and mocked having to order a visible cookie through an app. He also expected waitresses on roller skates but instead saw heavy security. Benzinga reached out to Tesla for comment but did not receive a response by publication time. Musk Still Plans More Diners The trip doubled as an opportunity to critique the car he drove. May found his way to the diner in a Tesla Model Y Long Range while trying the vehicle's self-driving features. He has also previously discussed his likes and complaints about the Model 3. Benzinga's Edge Stock Rankings indicate that TSLA stock maintains a strong price trend performance metric over the short, medium and long terms, with a poor value ranking. Photo: Frederic Legrand – COMEO on Shutterstock.com
News Summary: More than $10 billion in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging capabilities for AI infrastructure Industry-leading EFB-based 2.5D packaging to enable higher interconnect bandwidth and efficiency in 6th Gen AMD EPYC CPUs, codenamed “Venice” AMD Helios rack-scale platform with “Venice” and AMD Instinct MI450X GPUs on track...
News Summary: More than $10 billion in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging capabilities for AI infrastructure Industry-leading EFB-based 2.5D packaging to enable higher interconnect bandwidth and efficiency in 6th Gen AMD EPYC CPUs, codenamed “Venice” AMD Helios rack-scale platform with “Venice” and AMD Instinct MI450X GPUs on track for multi-gigawatt deployments beginning 2H 2026 SANTA CLARA, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- To meet the growing demand for AI infrastructure, AMD (NASDAQ: AMD) today announced more than $10 billion in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. Working with strategic partners in Taiwan and globally, AMD is advancing leading-edge silicon, packaging and manufacturing technologies that enable higher performance, greater efficiency and faster deployment of AI systems. These efforts build on AMD’s deep ecosystem partnerships and long-standing leadership in chiplet architectures, high-bandwidth memory integration, 3D hybrid bonding and rack-scale system design for next-generation AI infrastructure. “As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand,” said Dr. Lisa Su, Chair and CEO, AMD. “By combining AMD leadership in high-performance computing with the Taiwan ecosystem and our strategic global partners, we are enabling integrated, rack-scale AI infrastructure that helps customers accelerate deployment of next-generation AI systems.” Today’s investment announcement demonstrates how AMD is extending its leadership through strategic partnerships that advance silicon, packaging and manufacturing innovations required for next-generation AI infrastructure: EFB ecosystem development: AMD is collaborating with Taiwan-based ASE and SPIL, as well as other industry partners, to develop and qualify nex...
AMD has started production of its 6th Gen EPYC "Venice" CPUs on TSMC's 2nm technology, enhancing AI infrastructure. Quiver AI Summary AMD has announced the production ramp of its 6th Gen EPYC CPUs, codenamed “Venice,” which marks a significant step in the collaboration with TSMC utilizing advanced 2nm technology. This launch is highlighted as the first high-performance computing (HPC) product to a...
AMD has started production of its 6th Gen EPYC "Venice" CPUs on TSMC's 2nm technology, enhancing AI infrastructure. Quiver AI Summary AMD has announced the production ramp of its 6th Gen EPYC CPUs, codenamed “Venice,” which marks a significant step in the collaboration with TSMC utilizing advanced 2nm technology. This launch is highlighted as the first high-performance computing (HPC) product to achieve this milestone, addressing the increasing demand for accelerated AI infrastructure driven by agentic AI workloads. The company is also planning to extend this technology with the upcoming “Verano” processor, which will include advanced memory solutions designed to enhance performance for cloud and AI tasks. AMD's CEO, Dr. Lisa Su, emphasized the importance of this ramp in meeting the demands of AI and data center infrastructures. With production occurring in Taiwan and plans to expand to TSMC's facility in Arizona, AMD aims to bolster its manufacturing capabilities globally and strengthen its position in the server market while leveraging TSMC’s leading processes and technologies. Potential Positives AMD has achieved a significant milestone by ramping production of its 6th Gen EPYC CPUs, codenamed “Venice,” on TSMC’s advanced 2nm process technology, enhancing its reputation as a leader in high-performance computing. The partnership with TSMC for 2nm technology exemplifies AMD's commitment to advanced manufacturing and innovation, ensuring they remain competitive in the cloud and AI infrastructure markets. The production ramp is strategically aligned with rising demand for accelerated AI infrastructure, allowing AMD to capitalize on market trends and customer needs. AMD’s continued collaboration with TSMC across its CPU roadmap signifies a robust long-term strategy for developing powerful and energy-efficient processors, particularly for AI workloads. Potential Negatives Forward-looking statements in the press release highlight potential risks and uncertainties that c...
On Wednesday, Sen. Bernie Sanders (I-Vt) raised concerns about artificial intelligence and job security after Meta Platforms, Inc. (NASDAQ:META) laid off roughly 8,000 employees while accelerating its multibillion-dollar AI expansion. Meta Layoffs Spark AI Job Loss Debate In a post on X, Sanders criticized the company's workforce cuts and questioned how AI could affect workers across the broader e...
On Wednesday, Sen. Bernie Sanders (I-Vt) raised concerns about artificial intelligence and job security after Meta Platforms, Inc. (NASDAQ:META) laid off roughly 8,000 employees while accelerating its multibillion-dollar AI expansion. Meta Layoffs Spark AI Job Loss Debate In a post on X, Sanders criticized the company's workforce cuts and questioned how AI could affect workers across the broader economy. "Today, Meta is firing thousands of workers to replace them with AI," Sanders wrote. "If Mark Zuckerberg is willing to lay off 10% of his own employees, what do you think his AI will do to the average American worker?" Today, Meta is firing thousands of workers to replace them with AI. If Mark Zuckerberg is willing to lay off 10% of his own employees, what do you think his AI will do to the average American worker? — Sen. Bernie Sanders (@SenSanders) May 20, 2026 The layoffs represent nearly 10% of Meta's workforce. The company employed more than 78,000 workers at the end of 2025 and had already announced plans to eliminate thousands of roles and close roughly 6,000 open positions as it shifts resources toward AI development and infrastructure. Meta did not immediately respond to Benzinga’s request for comments. Read Also: Meta Workers Protest Cursor Tracking Software, Company Says 'Safeguards' In Place To Protect Sensitive Content Sanders Invites Workers To Share AI Impact Stories As ranking member of the Senate Health, Education, Labor and Pensions Committee, Sanders also called on workers affected by AI and robotics to submit personal stories through a Senate outreach form. "I want to hear from workers whose jobs are being impacted by artificial intelligence and robotics," Sanders said in the post. As the Ranking Member of the U.S. Senate Health, Education, Labor and Pensions Committee, I want to hear from workers whose jobs are being impacted by artificial intelligence and robotics. Share your story HERE: https://t.co/FvrjRmzyke — Sen. Bernie Sanders (@SenSander...
Bernie Sanders Slams Meta After 8,000 Layoffs And Asks: If Mark Zuckerberg Will Lay Off 10% Of His Staff, What Will AI Do To American Workers? Yahoo Finance
Bernie Sanders Slams Meta After 8,000 Layoffs And Asks: If Mark Zuckerberg Will Lay Off 10% Of His Staff, What Will AI Do To American Workers? Yahoo Finance