Reeves announces VAT cut on summer attractions in new cost of living package - as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · May 21
US Stock Market: AI spending boom fuels Nvidia growth, but Wall Street seeks long-term visibility Nvidia reported blockbuster first-quarter results, driven by a surge in data center revenue and strong future projections, including an $80 billion share buyback. Despite exceeding expectations, the company's stock saw a slight dip as investors weigh the sustainability of AI demand against intensifying competition and the development of custom AI… The Economic Times · May 21
NVIDIA Q1 Earnings Call Highlights NVIDIA (NASDAQ:NVDA) reported record first-quarter fiscal 2027 results, with revenue, operating income and free cash flow all surpassing prior company highs, as executives said demand for AI infrastructure continued to accelerate across hyperscale cloud providers, AI cloud companies, sovereign custo MarketBeat · May 20
Nvidia’s revenue blows past Wall Street expectations as AI boom accelerates Many analysts view company’s financial performance as a broader referendum on AI buildout The Guardian - US · May 20
NVDA stock price: Nvidia earnings beat expectations again but why did NVDA stock slip after hours? Here's what you need to know Nvidia reported strong quarterly earnings, revenue growth, and an optimistic forecast, alongside an $80 billion share repurchase plan and increased dividend. Despite these positive results, NVDA stock dipped as investors focused on escalating competition in the AI chip market and future growth prospects. The Economic Times · May 20
The one number that will actually move Nvidia's stock Wednesday night A beat is almost a given—Nvidia has beaten expectations 21 of the last 23 quarters. Whether the stock rallies or falls depends on a number below the fold. Fortune · May 20
M&S in fashion as stocks climb amid fresh hopes of US-Iran peace deal Investors in London were also digesting better-than-forecast UK inflation figures. Evening Standard · May 20
Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the year Nvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY2027 report is the single most important data point in AI infrastructure this quarter. The Economic Times · May 20
China banned Nvidia 5090D V2 while CEO Jensen Huang was in town, report claims — move comes as Beijing pushes its AI tech companies to use homegrown chips The RTX 5090D V2 GPU Nvidia specifically built for China to comply with U.S. export controls just received the ban hammer from Beijing. Although this GPU is primarily designed for gaming and 3D animation, it's also powerful enough that many AI developers also use it. Tom’s Hardware · May 20
Lisa Su meets China's vice premier during China visit — AMD CEO pledges deeper investment days after Trump-Xi summit AMD CEO Lisa Su met with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, pledging further investment and expanded operations in what she calls "the world’s most dynamic AI ecosystem." Tom’s Hardware · May 20
Ex-Google CEO Relentlessly Booed by Students Over AI Comments at Arizona Commencement Former Google CEO Eric Schmidt faced student backlash during a commencement speech at the University of Arizona as he addressed AI's impact on future careers and urged adaptation. International Business Times UK · May 20
Nvidia to announce Q1 earnings tonight. What to expect and why there could be a $350 billion price swing All eyes are on Nvidia’s April quarter earnings as investors assess whether the AI chip giant can sustain its explosive growth momentum. Strong AI spending by Big Tech firms is expected to support another robust quarter, though concerns around valuations, competition, China exposure, and data centre demand continue to keep… The Economic Times · May 20
Did Jensen Huang's China Street Appearances Boost NVIDIA Stock? Viral Claims Explained Claims suggest Nvidia CEO Jensen Huang increased market value through public appearances in China. However, analysts say the rise is due to AI demand. International Business Times UK · May 20
Nvidia Is Moving Beyond LLMs to Superlearners, the Possible Precursor to AGI. What That Means for NVDA Stock. By promoting research on the possible next phase of AI, Jensen Huang is ensuring Nvidia is best placed to power the future revolution. Barchart · May 19
Fortune · May 19 Tom Brady tells Gen Z to treat their careers like the Super Bowl: 'You may only get one chance to impress your boss or land a promotion' The seven-time Super Bowl champion Tom Brady admits success can be fleeting while pointing to Blackberry and Blockbuster. ‘Sometimes there isn’t another day.’
Barchart · May 19 Corning Stock Rallies to All-Time Highs as AI Optical Boom Builds The company’s partnership with Nvidia reinforces the reality that optical connectivity is a bottleneck.
The Times of India · May 19 How Jensen Huang’s time as a Denny’s dishwasher shaped the way he built Nvidia Nvidia CEO Jensen Huang emphasizes operational rigor, learned from washing dishes, as crucial for hyper-growth, debunking the myth that only engineering brilliance and funding suffice. He advocates for first principles thinking and meticulous attention to mundane tasks, arguing that this foundational discipline builds resilient, scalable tech companies capable of sustainable…
The Economic Times · May 19 Nvidia's outlook will be a test of its strategy to maintain AI dominance Nvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a market where rivals like Alphabet and Amazon are making strides. Traditional players Intel and AMD are also pushing new chips.
TechRadar · May 19 'I’ve got big ambitions now!', Nvidia CEO Jensen Huang says we're finally in the era of "useful AI" — and things will only get faster "What took weeks now takes days, and what takes days now takes hours" says Nvidia CEO, promising "the new Jensen" soon.
The Guardian - US · May 19 What did we learn from Elon Musk and Sam Altman’s courtroom drama? Whoever the victor, the OpenAI trial demonstrated that a small cabal, mostly men, rules the AI industry
The Economic Times · May 19 China market for Nvidia AI chips to open 'over time': CEO Jensen Huang Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can train and run artificial intelligence systems. "My sense is that over time the market will open," added Huang, CEO of Nvidia - the world's most valuable company, due to huge demand for its…
Bangkok Post · May 18 The economy after China summit The optics of the summit between Donald Trump and Xi Jinping were carefully staged to signal parity between the US and China. Mr Trump, the first US president to visit mainland China in nearly a decade, was accompanied by an entourage of American CEOs -- including Tesla's Elon Musk, Apple's…
Fortune · May 18 Goldman Sachs CEO David Solomon had 2 jobs as a teenager while also juggling 3 sports. Now, he’s telling Gen Z to stop wasting time Before becoming Goldman Sachs CEO, David Solomon scooped ice cream, flipped burgers at McDonald’s, and DJed on the side.
International Business Times UK · May 18 Trump Bought Nvidia Stock One Week Before His Own Government Approved a Billion-Dollar Nvidia Chip Deal With China Donald Trump's Nvidia stock trades have raised ethics concerns due to their timing with regulatory decisions, prompting calls for a presidential trading ban amid national security worries.
Roll Call · May 18 Trump’s trip to China doesn’t move the needle on low approval ratings President Donald Trump returned from China with few concrete wins, and his refusal to owe Xi Jinping a favor in return for the Chinese president’s help reopening the Strait of Hormuz highlights his lack of a plan to ease Republicans’ gas prices concerns as Democrats hammer his 79-day-old conflict. After…