Nvidia has used some of its accelerating cash flow to make investments into start-ups, as well as Intel and CoreWeave. In the first quarter, Nvidia spent another $18.6 billion on equity securities. It booked a fair value gain of $16 billion from equity investments in the quarter.
Nvidia has used some of its accelerating cash flow to make investments into start-ups, as well as Intel and CoreWeave. In the first quarter, Nvidia spent another $18.6 billion on equity securities. It booked a fair value gain of $16 billion from equity investments in the quarter.
Anthropic ( ANTHRO ) appears set to record an operating profit for the first time in its upcoming second quarter, The Wall Street Journal reported. Anthropic is on track to generate $10.9B in sales during the quarter, which will help it hit $559M in operating profit, the news outlet added , citing figures it has shared with investors as part of an ongoing funding round. Operating profit is a widel...
Anthropic ( ANTHRO ) appears set to record an operating profit for the first time in its upcoming second quarter, The Wall Street Journal reported. Anthropic is on track to generate $10.9B in sales during the quarter, which will help it hit $559M in operating profit, the news outlet added , citing figures it has shared with investors as part of an ongoing funding round. Operating profit is a widely watched metric by investors. The Dario Amodei-led company recorded $4.8B in sales during the first quarter, the news outlet added. The Claude maker is in discussions to raise the new capital at a valuation of more than $900B, according to previous reporting. The new funding round, which could vault it past competitor OpenAI ( OPENAI ) in terms of valuation, could come as soon as this month. Anthropic did not immediately respond to a request for comment from Seeking Alpha. More on Anthropic Anthropic Is Taking Over Enterprise Wall Street Lunch: Anthropic Tries To Contain Claude Code Instruction Leak Anthropic's IPO: What You Need To Know Leading AI chatbots produce inaccurate or biased results 90% of time on election topics: study Traders bet big on OpenAI beating Anthropic to IPO first
(RTTNews) - EnerSys (ENS) revealed earnings for fourth quarter that Drops, from the same period last year The company's bottom line came in at $77.3 million, or $2.05 per share. This compares with $96.3 million, or $2.41 per share, last year. Excluding items, EnerSys reported adjusted earnings of $120.2 million or $3.19 per share for the period. The company's revenue for the period rose 1.4% to $9...
(RTTNews) - EnerSys (ENS) revealed earnings for fourth quarter that Drops, from the same period last year The company's bottom line came in at $77.3 million, or $2.05 per share. This compares with $96.3 million, or $2.41 per share, last year. Excluding items, EnerSys reported adjusted earnings of $120.2 million or $3.19 per share for the period. The company's revenue for the period rose 1.4% to $988.0 million from $974.8 million last year. EnerSys earnings at a glance (GAAP) : -Earnings: $77.3 Mln. vs. $96.3 Mln. last year. -EPS: $2.05 vs. $2.41 last year. -Revenue: $988.0 Mln vs. $974.8 Mln last year. -Guidance: Next quarter EPS guidance: $ 2.70 To $ 2.90 Next quarter revenue guidance: $ 915 M To $ 955 M The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SpaceX’s ( SPACE ) long-awaited S-1 filing is giving investors their clearest look yet at a company that is no longer just a rocket launch provider. The filing outlines a sprawling business tied to satellite internet, military and government contracts, artificial intelligence infrastructure and Elon Musk’s broader ambition to build a multi-planetary economy. Starlink profits help offset AI losses ...
SpaceX’s ( SPACE ) long-awaited S-1 filing is giving investors their clearest look yet at a company that is no longer just a rocket launch provider. The filing outlines a sprawling business tied to satellite internet, military and government contracts, artificial intelligence infrastructure and Elon Musk’s broader ambition to build a multi-planetary economy. Starlink profits help offset AI losses The filing shows SpaceX’s Connectivity segment, driven primarily by Starlink, has become the company’s financial engine. The segment generated $11.4 billion in revenue during 2025, along with $4.4 billion in operating income and $7.2 billion in adjusted earnings before interest, taxes, depreciation and amortization. The company said the business benefited from subscriber growth, wider enterprise adoption and improved network efficiency, with operating income rising more than 120% year over year. By contrast, the company’s newly acquired AI segment is consuming cash at a remarkable pace. The AI business generated $3.2 billion in revenue during 2025 but posted an operating loss of $6.4 billion as SpaceX ramped investment in AI applications and compute infrastructure. Capital expenditures tied to the AI segment reached $12.7 billion during the year, far exceeding spending in the Space and Connectivity businesses. The filing is important for investors because it offers the first detailed public accounting of the finances, governance structure and risks behind what could become the largest IPO in market history, with valuations discussed between roughly $1.75 trillion and $2 trillion. Investors are expected to scrutinize Starlink’s profitability, SpaceX’s heavy spending on Starship and the company’s unusual governance terms that give Musk extraordinary control. It is equally important for Musk personally. SpaceX appears positioned to become the financial and strategic centerpiece of his empire, eclipsing Tesla in valuation and potentially giving him tighter long-term control tha...
Back in July 2025, I wrote a bullish article on Lamb Weston Holdings, Inc. ( LW ), suggesting it had upside and that it could even be a potential takeover target. My thesis on a buyout has not worked out yet, but I still see some promising signs that this stock could have significant upside ahead. At the time my article was published, this stock was trading for around $50, and it went up to roughl...
Back in July 2025, I wrote a bullish article on Lamb Weston Holdings, Inc. ( LW ), suggesting it had upside and that it could even be a potential takeover target. My thesis on a buyout has not worked out yet, but I still see some promising signs that this stock could have significant upside ahead. At the time my article was published, this stock was trading for around $50, and it went up to roughly $65 per share in October 2025, and I sold my shares. However, it now trades for about $44, which I believe could be another attractive entry point. As the expression goes, "Where there's smoke, there's fire" and in this case the smoke could be viewed as being the shareholder activists that have become involved with Lamb Weston, with the hopes of reducing expenses and creating shareholder value. With this in mind, let's take a closer look below. The Chart As shown below, Lamb Weston shares were trading for around $65 in October 2025 but then declined towards the end of the year and have been bouncing around ever since. This stock is now trading just slightly above the 50-day moving average, which is around $42, and well below the 200-day moving average, which is just over $50 per share. This stock is trading fairly close to the 52-week low of just over $37 and well below the 52-week high of around $67. I would not be surprised to see this retest the 52-week lows, but I would consider buying more if it showed signs of support on a retest of this level. StockCharts.com Earning Estimates, The Balance Sheet And Dividends The earnings estimates below are provided by Seeking Alpha and show that this stock is trading for just around 15 times earnings estimates for 2026. I think it's concerning to see that revenues are expected to decline in 2027 and barely grow in 2028; however, earnings are expected to grow more rapidly than revenues, thanks in part to expense reductions. Food inflation is rising, and the consumer seems to be slowing down, even when it comes to buying food. The ...
Aston Villa's Europa League win against Freiburg ended their 44-year wait for a European trophy - and kept alive the Premier League's hopes of a sixth Champions League spot next season. Unai Emery's men had already confirmed their place in next season's elite European competition with a top-five finish, but now Bournemouth and Brighton will know sixth place could earn a place alongside them. If th...
Aston Villa's Europa League win against Freiburg ended their 44-year wait for a European trophy - and kept alive the Premier League's hopes of a sixth Champions League spot next season. Unai Emery's men had already confirmed their place in next season's elite European competition with a top-five finish, but now Bournemouth and Brighton will know sixth place could earn a place alongside them. If the Villans finish fifth in the Premier League, Unai Emery's side will qualify for the Champions League as the Europa League winners. The extra Champions League place that the Premier League earned through the European Performance Spot would then go to the team finishing sixth. Villa would finish fifth in they lost at Manchester City and Liverpool also won at home to Brentford. Should that happen, the Champions League qualification focus then turns to sixth spot. If Bournemouth avoid defeat at Nottingham Forest, or Brighton fail to win at home to Manchester United, the Cherries would finish sixth. Should Bournemouth lose and Brighton win, it would then be the Seagulls who claimed sixth spot.
(RTTNews) - Urban Outfitters Inc. (URBN) announced earnings for its first quarter that Increased, from last year The company's earnings totaled $115.70 million, or $1.30 per share. This compares with $108.34 million, or $1.16 per share, last year. The company's revenue for the period rose 11.4% to $1.481 billion from $1.329 billion last year. Urban Outfitters Inc. earnings at a glance (GAAP) : -Ea...
(RTTNews) - Urban Outfitters Inc. (URBN) announced earnings for its first quarter that Increased, from last year The company's earnings totaled $115.70 million, or $1.30 per share. This compares with $108.34 million, or $1.16 per share, last year. The company's revenue for the period rose 11.4% to $1.481 billion from $1.329 billion last year. Urban Outfitters Inc. earnings at a glance (GAAP) : -Earnings: $115.70 Mln. vs. $108.34 Mln. last year. -EPS: $1.30 vs. $1.16 last year. -Revenue: $1.481 Bln vs. $1.329 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now a technology conglomerate working on satellites and A...
SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now a technology conglomerate working on satellites and AI, and has become one of the world’s most valuable private companies. When it goes public later this year on the Nasdaq exchange, it will become one of the most valuable publicly-traded companies. (Nvidia currently holds the crown with a market cap of $5.4 trillion.) SpaceX has chosen the ticker “SPCX” for the listing. The regulatory filing, known as an S-1, offers the most vivid and financially illuminating public dissection of SpaceX’s business to date. And it comes just weeks ahead of what’s expected to be the largest IPO ever, both in terms of potential money raised (expected to be around $75 billion) and overall valuation (reportedly $1.75 trillion). Many of the headline details have been reported in the weeks since SpaceX first submitted a confidential version of its S-1 filing to the Securities and Exchange Commission on April 1. The company lost about $4.9 billion in 2025 on revenue of more than $18 billion, as Reuters reported last month. The filing details a business that is currently dominated by SpaceX’s Starlink satellite internet offering, which generated more than half of the company’s revenue last year. It also shows how much SpaceX has burned to get to this point: more than $37 billion lost since inception, according to the S-1. XAI, the artificial intelligence company Elon Musk created and recently merged into SpaceX, is not helping on that front. The filing shows SpaceX directed around 60% of its capital spending in 2025 to its AI division, or around $20 billion. And yet that division — which houses the chatbot Grok — lost billions last year, and only gre...
SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now a technology conglomerate working on satellites and A...
SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now a technology conglomerate working on satellites and AI, and has become one of the world’s most valuable private companies. When it goes public later this year on the Nasdaq exchange, it will become one of the most valuable publicly-traded companies. (Nvidia currently holds the crown with a market cap of $5.4 trillion.) SpaceX has chosen the ticker “SPCX” for the listing. The regulatory filing, known as an S-1, offers the most vivid and financially illuminating public dissection of SpaceX’s business to date. And it comes just weeks ahead of what’s expected to be the largest IPO ever, both in terms of potential money raised (expected to be around $75 billion) and overall valuation (reportedly $1.75 trillion). It contains 36 pages of risk factors to SpaceX’s business, and details legal fights it faces following the absorption of Musk’s artificial intelligence and social media companies — battles SpaceX says will likely cost it $530 million. Many of the headline details have been reported in the weeks since SpaceX first submitted a confidential version of its S-1 filing to the Securities and Exchange Commission on April 1. The company lost about $4.9 billion in 2025 on revenue of more than $18 billion, as Reuters reported last month. The filing details a business that is currently dominated by SpaceX’s Starlink satellite internet offering, which generated more than half of the company’s revenue last year. It also shows how much SpaceX has burned to get to this point: more than $37 billion lost since inception, according to the S-1. XAI, the artificial intelligence company Elon Musk created and recently merged into SpaceX, is not ...
Meta just laid off 8,000 employees to pay for its AI infrastructure — and started tracking the keystrokes of those who remain, according to The Wall Street Journal. The company began cutting 10% of its workforce while simultaneously monitoring employees’ mouse clicks and keystrokes to train AI models. When workers asked if they could opt out of the tracking program, a Meta executive said no. More ...
Meta just laid off 8,000 employees to pay for its AI infrastructure — and started tracking the keystrokes of those who remain, according to The Wall Street Journal. The company began cutting 10% of its workforce while simultaneously monitoring employees’ mouse clicks and keystrokes to train AI models. When workers asked if they could opt out of the tracking program, a Meta executive said no. More than 1,500 employees have signed a petition demanding that the company stop collecting their computer-use data. The layoffs are meant to offset Meta’s $145 billion investment in AI infrastructure this year, largely to build data centers and buy chips. The company also canceled 6,000 open positions and is reassigning 7,000 employees to AI-focused roles. Said Chief Technology Officer Andrew Bosworth: “Our agents primarily do the work. Our role is to direct, review and help them improve.” Employee sentiment is at its most negative level on record. CEO Mark Zuckerberg, who recently cloned an AI version of himself, told staff he doesn’t expect more company-wide layoffs this year, but Chief People Officer Janelle Gale didn’t rule out future cuts.
watch now VIDEO 2:30 02:30 Goldman Sachs leads SpaceX IPO: Here's what you need to know Squawk on the Street What to Know SpaceX's official IPO filing sets up a likely Nasdaq debut next month. Goldman Sachs is lead left on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase. SpaceX was valued at $1.25 trillion in February after merging with xAI, Elon Musk's ar...
watch now VIDEO 2:30 02:30 Goldman Sachs leads SpaceX IPO: Here's what you need to know Squawk on the Street What to Know SpaceX's official IPO filing sets up a likely Nasdaq debut next month. Goldman Sachs is lead left on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase. SpaceX was valued at $1.25 trillion in February after merging with xAI, Elon Musk's artificial intelligence startup, meaning new investors will be buying in at a historically high price. The IPO is likely to be the first of three potential mega offerings this year, with OpenAI and Anthropic both eyeing the public market. Follow-up filings from SpaceX will lay out the expected per-share pricing range and likely more detail on the top shareholders. Elon Musk's SpaceX is officially headed for the public market in what's likely to be a record IPO that will put the world's richest person at the helm of two separate trillion-dollar publicly traded companies. In a prospectus with the Securities and Exchange Commission on Wednesday, SpaceX said it plans to list under ticker symbol SPCX on the Nasdaq. SpaceX confidentially filed with the SEC in April, and CNBC reported last week that the company is aiming to kick off a roadshow to market the deal on June 8. Founded by Musk in 2002 to develop and operate reusable rockets, SpaceX has turned into NASA's biggest launch partner after the agency ended its space shuttle program in 2011. In addition to its massive aerospace and defense contracts, SpaceX also operates the Starlink satellite internet service and a constellation of around 10,000 satellites, as well as artificial intelligence unit xAI, which previously acquired X, the social network formerly known as Twitter. CNBC's reporters are covering SpaceX's IPO from bureaus in San Francisco and Englewood Cliffs, New Jersey. Read more SpaceX news Musk and Altman take their battle from court to Wall Street ahead of landmark IPOs SpaceX picks Goldman Sachs for lead left posi...
Nvidia beats on revenue and guidance, adds $80 billion to buyback plan: Live updates CNBC TD Cowen Remains Bullish on NVIDIA Corporation (NVDA) Yahoo Finance Nvidia Gives Disappointing Forecast as Chip Competition Mounts Bloomberg.com NVIDIA boosts dividend to $0.25, adds $80B to share buyback Stock Titan Nvidia: You Snooze, You Lose (NASDAQ:NVDA) Seeking Alpha Nvidia earnings: here's what analyst...
Nvidia beats on revenue and guidance, adds $80 billion to buyback plan: Live updates CNBC TD Cowen Remains Bullish on NVIDIA Corporation (NVDA) Yahoo Finance Nvidia Gives Disappointing Forecast as Chip Competition Mounts Bloomberg.com NVIDIA boosts dividend to $0.25, adds $80B to share buyback Stock Titan Nvidia: You Snooze, You Lose (NASDAQ:NVDA) Seeking Alpha Nvidia earnings: here's what analysts are watching Proactive financial news Nvidia Earnings Impact Tracker: Historical Data Shows Hidden Bull Trap Benzinga Nvidia Stock: China Could Be the Biggest Wild Card in NVDA Earnings TipRanks NVIDIA Price Target Lifted to $300 by KeyBanc: Blackwell and Rubin Are Stacking Catalysts 24/7 Wall St.
Douglas Rissing The Federal Reserve Board has invited public comment on a proposal to establish a "payment account" that could be used specifically to clear and settle payments by legally eligible financial institutions. In March, the Federal Reserve Bank of Kansas City approved a limited-purpose account for Wyoming-based Payward Financial, which does business as Kraken Financial, making it the fi...
Douglas Rissing The Federal Reserve Board has invited public comment on a proposal to establish a "payment account" that could be used specifically to clear and settle payments by legally eligible financial institutions. In March, the Federal Reserve Bank of Kansas City approved a limited-purpose account for Wyoming-based Payward Financial, which does business as Kraken Financial, making it the first crypto firm to get direct access to the Fed's payment system. The decision is said to have prompted concerns by banks and Maxine Waters, the top Democrat on the House Financial Services Committee, over potential risks to the financial system. Several financial institutions, including some that are not federally insured, have sought direct access to the Fed's payment services to reduce costs and increase speed. The proposed payment account is also expected to mitigate material risks to the Reserve Banks and the payment system. The account holders are not expected to have access to intraday credit or the discount window, or earn interest on balances held at a Reserve Bank. They will only have access to payment services with automated controls to prevent overdrafts. More on Payments FINX: AI Is A Boon, X Money's 6% APY Is A Threat IPAY: Idiosyncratic Risks And Structural Headwinds (Rating Downgrade) SEC eyes plan for trading tokenized versions of stocks on crypto platforms - report ETFs tied to PayPal stumble following weak earnings from the stock Seeking Alpha’s Quant Rating on Amplify Digital Payments ETF
Airplanes are seen on the runway at LaGuardia Airport amidst mass travel delays, on March 28, 2026 in New York, New York. Ryan Murphy | Getty Images A sinkhole at New York's LaGuardia Airport shut down a runway on Wednesday and is set to delay flights, local officials said. The Port Authority of New York & New Jersey said it was conducting a daily inspection of the airfield earlier Wednesday when ...
Airplanes are seen on the runway at LaGuardia Airport amidst mass travel delays, on March 28, 2026 in New York, New York. Ryan Murphy | Getty Images A sinkhole at New York's LaGuardia Airport shut down a runway on Wednesday and is set to delay flights, local officials said. The Port Authority of New York & New Jersey said it was conducting a daily inspection of the airfield earlier Wednesday when "crews identified a sinkhole near Runway 4/22." "The runway was immediately shut down, and emergency construction and engineering crews are onsite to determine the cause and complete necessary repairs as quickly and safely as possible," the Port Authority said in a statement. It said travelers should expect delays and cancellations, with thunderstorms expected also expected to roll in Wednesday. Air traffic controllers routinely slow down flights or halt departures altogether during bad weather. The disruptions come ahead of the busy Memorial Day travel period. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Check out the companies making headlines in after-hours trading. Nvidia — The chip titan said revenue surged 85% year over year to $81.62 billion in the first quarter, exceeding the prediction of $78.86 billion from analysts polled by LSEG. Shares were little changed. Intuit — Shares tumbled 10.3% after the financial software stock announced a 17% workforce cut. Intuit also missed analyst expectat...
Check out the companies making headlines in after-hours trading. Nvidia — The chip titan said revenue surged 85% year over year to $81.62 billion in the first quarter, exceeding the prediction of $78.86 billion from analysts polled by LSEG. Shares were little changed. Intuit — Shares tumbled 10.3% after the financial software stock announced a 17% workforce cut. Intuit also missed analyst expectations for revenue in the third fiscal quarter, posting $8.56 billion against an LSEG consensus forecast of $8.61 billion. E.l.f. Beauty — Shares of the retailer jumped nearly 5% after beating Wall Street's expectations on the top and bottom lines for the fourth fiscal quarter. E.l.f. said it planned to undo some of its tariff-related price increases, citing hardship for consumers facing higher gas prices. Star Bulk Carriers — Shares of the shipping firm jumped 3% after posting 56 cents in earnings per share, excluding items, on $281.2 million in revenue for the first quarter. Analysts surveyed by FactSet penciled in 47 cents a share and $225.9 million, respectively. Choice Hotels International — Shares of the hotel franchisor slipped 1.8%. after announcing Patrick Pacious would step down as CEO. Dominic Dragisich, the growth and strategy chief, was named interim CEO.
England got off to a winning start in their Twenty20 series against New Zealand after Alice Capsey struck an unbeaten 74 from 51 balls – her highest score for England, and her first T20i half-century since July 2024. Capsey has generally batted at No 3 for England but on this occasion was promoted to open in place of Danni Wyatt-Hodge, missing this series due to the imminent birth of her first chi...
England got off to a winning start in their Twenty20 series against New Zealand after Alice Capsey struck an unbeaten 74 from 51 balls – her highest score for England, and her first T20i half-century since July 2024. Capsey has generally batted at No 3 for England but on this occasion was promoted to open in place of Danni Wyatt-Hodge, missing this series due to the imminent birth of her first child. She made full use of the extra time available to her, smoking three sixes and seven fours as England chased down their 137-run target with three wickets and 16 balls to spare. Capsey’s was still a slightly more restrained innings than that of New Zealand’s Sophie Devine, who had earlier lived the high life for 21 balls, wellying four sixes over midwicket – including three in the course of one over from Sophie Ecclestone – but eventually crashed and burned, bowled by Dani Gibson when she finally failed to connect with a straight one. Unlike Devine, Capsey not only reached the milestone of her half-century but saw the England innings through to its conclusion, sharing an unbeaten 64-run partnership from 35 balls with Freya Kemp. With the start of the World Cup now only three weeks away, she has chosen exactly the right time to rediscover some swagger. As the World Cup looms, these T20s – three against New Zealand and three against India – should give England the chance to polish away any rustiness in the format, having last played a T20i in July 2025. Their ring fielding certainly looked sharp enough. Nat Sciver-Brunt remains absent nursing a left calf tear – though we are assured she will be fit for the World Cup. In her stead Charlie Dean marshalled the troops well again, plus picked up a couple of handy wickets – bowling Izzy Gaze with one which turned, and having Brooke Halliday caught trying to go over the top. View image in fullscreen Lauren Bell (left) prepares to embrace Linsey Smith after the dismissal of Melie Kerr for eight. Photograph: Mike Egerton/PA Injuries...