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Nvidia's (NVDA.O) Q1 net profit for fiscal year 2027 was US$58.3 billion, market expectations were US$42.244 billion, and US$18.775 billion in the same period last year.
After Nvidia (NVDA.O) released its earnings report, U.S. stocks fell more than 3% after the market closed.
Nvidia (NVDA.O): Returned $20 billion to shareholders through stock repurchases and dividends in the first quarter of fiscal 2027.
Nvidia (NVDA.O) announced an additional $80 billion in stock repurchase authorization and raised its quarterly dividend to $0.25 per share.
Nvidia's (NVDA.O) first-quarter data center revenue was $75.2 billion.
Nvidia (NVDA.O) Q1 revenue for fiscal year 2027 was US$81.6 billion, market expectations were US$78.672 billion, compared with US$44.062 billion in the same period last year.
The Dow Jones Index closed up 645.47 points, or 1.31%, at 50,009.35 points on May 20 (Wednesday);The S&P 500 Index closed up 79.3 points on May 20 (Wednesday) 2 points, an increase of 1.08%, to 7432.93 points;The Nasdaq Composite Index closed up 399.65 points, or 1.54%, to 26270.36 points on May 20 (Wednesday).
[U.S. stocks close: Three major stock indexes rose more than 1%, Tesla rose 3%] U.S. stocks closed on Wednesday, with the Dow Jones Industrial Average initially closing up 1.3%, the S&P 500 Index up 1.08%, and the Nasdaq Composite Index up 1.5%. Micron Technology (MU.O) rose 4.7%, Nvidia (NVDA.O) rose 1%, Tesla (TSLA.O) rose 3% and Intel (INTC.O) rose 7%. The Nasdaq China Golden Dragon Index fell 0.4%, Bilibili (BILI.O) fell 8%, and GDS (GDS.O) fell 9%.
Nvidia will announce its financial results and hold a conference call after the U.S. stock market closes in ten minutes.
U.S. Treasury Secretary Bessent: Discussed the Iran issue with the Qatari Finance Minister in Paris.
[Cuban President: The so-called "charges" in the United States are politically motivated, further exposing his frustration] Cuban President Díaz-Canel said on social media on the 20th that the so-called "charges" announced by the U.S. government that day against Cuban revolutionary leader Raul Castro were entirely politically motivated, further exposing the U.S.'s arrogance and frustration. Díaz-Canel pointed out that the United States cannot accept the unwavering stance of the Cuban revolution and the unity and strong spiritual power of the Cuban leadership. The US actions are entirely politically motivated and have no legal basis. The only purpose is to add more content to the case file concocted by the US. Looking for excuses for its absurd attempt to launch military aggression against Cuba.
Google will invest $15 billion in infrastructure in Missouri, including building a data center in New Florence, Montgomery County.
According to The Information: A U.S. government framework requires artificial intelligence labs to share models up to 90 days in advance before they are released; the government may sign an executive order as early as Thursday to establish the framework.
Spanish Prime Minister Sanchez: The image of an Israeli minister humiliating members of the "Global Resilience Fleet" is unacceptable.
Citigroup CEO Fraser: As net oil exporters, the United States, Canada and Brazil are better able to cope with high energy prices.
Citigroup CEO Fraser: U.S. consumer credit remains resilient, but the Asian economy faces greater vulnerability, with high oil prices and Middle East risks continuing to threaten global growth.
According to Politico: Republican leaders in the U.S. House of Representatives have postponed a vote on the Iran war powers resolution originally scheduled for Wednesday.
U.S. Sen. Kennedy: Senate doesn't have enough support to pass Trump's ballroom funding proposal.
U.S. Centers for Disease Control and Prevention officials: A U.S. patient infected with Ebola has arrived in Germany; other high-risk U.S. citizens are being transferred from the Democratic Republic of Congo to Germany and the Czech Republic.
U.S. Centers for Disease Control and Prevention officials: A U.S. Ebola patient has been hospitalized and is in stable condition.