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616 stories mentioning NvidiaUpdated 7h ago

Rallied as tech and semiconductor stocks jumped, with the Philadelphia Semiconductor Index climbing 5.4% amid the broad market rally.

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Wire

Top Midday Stories: No OpenAI IPO in 2026, Altman Reportedly Says; Nvidia, Palantir Said to Restrict AI Usage Over Customer Data Fears

All three major US stock indexes were down in late-morning trading Monday, as major artificial intelligence companies flagged concerns about the risks posed to humanity by the rapid advancement of AI models.OpenAI Chief Executive Sam Altman said the company's highly anticipated initial public offering will not take place in 2026 due to ongoing concerns around safety and control in the AI sector, Fortune reported Monday, citing an interview with Altman. The OpenAI CEO's comments came amid Anthropic CEO Dario Amodei called on the AI industry to slow the pace of model capability development due to safety concerns. Later, Microsoft (MSFT) shared a document outlining the intended behavior and values of the company's future AI model. The tech giant invited feedback "to maximize the chances that AIs we develop avoid harm and deliver the greatest contribution to human flourishing possible." Microsoft shares were up 2% around midday.Nvidia (NVDA), Palantir Technologies (PLTR) and Booz Allen Hamilton (BAH) have started demanding guarantees or eliminating use of Anthropic's and OpenAI's most advanced models over concerns that the AI giants could retain their customers' critical data, The Information reported Monday. Microsoft has started leveraging that unease to try to lure OpenAI clients to its own AI products, and it has pitched its own isolated cloud environments to customers worried about privacy, the report said, citing people involved in the effort. Shares of Nvidia were down 3%, while Palantir and Booz Allen were up 2.6% and 3.7%, respectively.Baldwin Insurance Group (BWIN) said Monday it has entered into a definitive agreement under which an entity to be formed by Sequence Holdings and DFO Management will acquire a majority interest in the company in an all-cash deal with an implied enterprise value of about $7.7 billion. After the deal closes, which is expected in Q1 2027, Baldwin will become a privately held company, it said. Baldwin shares were up 7.7%.Oracle (ORCL) has started a new round of layoffs after cuts to its workforce earlier this year, Business Insider reported Monday, citing an internal document and three sources familiar with the matter. The layoffs will impact double-digit percentages of certain teams, the report said, citing the internal document. The round of cuts is expected to start Monday, one of the people reportedly told the outlet. Oracle shares were down 3.8%.Definium Therapeutics (DFTX) said Monday its second phase 3 study of DT120 orally disintegrating tablet in patients with generalized anxiety disorder met its primary and key secondary endpoints. Definium shares were up 3.5%.Aon (AON) has commenced a US investment-grade debt sale in seven tranches to help fund its planned $17 billion acquisition of USI Insurance Services from KKR (KKR), Bloomberg reported Monday, citing a person familiar with the matter and a note from S&P Global Ratings. The company is looking to sell $13.5 billion of notes as part of the funding package, which could also include a $4 billion term loan, the report said, citing the note. Aon shares were up 2.8%.Price: $211.51, Change: $-6.78, Percent Change: -3.11%

$AON$BAH$BWIN$DFTX$MSFT$NVDA$ORCL$PLTR
International

Market Chatter: Palantir, Nvidia Restrict Anthropic, OpenAI Models Over Customer Data Fears

Palantir Technologies (PLTR), Nvidia (NVDA) and Booz Allen Hamilton (BAH) have started demanding guarantees or eliminating use of Anthropic's and OpenAI's most advanced models over concerns that the AI giants could retain their customers' critical data, The Information reported Monday.Microsoft (MSFT) is currently leveraging the unease to try to lure OpenAI clients to its own AI products and has pitched its own isolated cloud environments to customers worried about privacy, the report said, citing people involved in the effort.The companies didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$BAH$MSFT$NVDA$PLTR
Sectors

Sector Update: Tech Stocks Fall Premarket Monday

Technology stocks were falling premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) down 2.6% and the iShares Semiconductor ETF (SOXX) declining by 5.6%.SK Hynix (SKHY) and Samsung Electronics rejected a 25 trillion won ($18.58 billion) advance payment proposal from the state-run Korea Electric Power, or KEPCO, to support power supplies for planned semiconductor mega clusters, multiple news outlets reported, citing a document submitted to a lawmaker. SK Hynix stock was down 7.8% pre-bell.Nvidia (NVDA) is negotiating to become an anchor investor in Anthropic's potential initial public offering, Reuters reported, citing two people familiar with the matter. Shares of Nvidia were down nearly 3% premarket.Oracle (ORCL) shares were down 4.7% after the company said Larry Ellison, its executive chair and chief technology officer, has canceled his plan to sell Oracle shares.

$NVDA$ORCL$SKHY$SOXX$XLK
Asia Markets

Correction: Update: US Equity Futures Lower Pre-Bell as Traders Assess Call for AI Advancement Slowdown, Upcoming Fed Decision

(Corrects the oil price percentage change in the sixth paragraph.)US equity futures were edging lower pre-bell Monday as traders evaluated a call for a slowdown in the advancement of artificial intelligence models and the upcoming Federal Reserve policy decision.Dow Jones Industrial Average futures were 0.4% lower, S&P 500 futures were down 0.7%, and Nasdaq futures were 1.6% lower.In an essay published on Saturday, Anthropic Chief Executive Officer Dario Amodei called for slowing the pace at which companies improved the capabilities of AI models, citing risks of losing control, the misuse of AI for cyberattacks and bioterrorism, and serious economic disruption.Amodei's proposal was backed by other major AI players, including OpenAI CEO Sam Altman and SpaceX (SPCX) CEO Elon Musk.The Federal Reserve policy session starts Tuesday and concludes with a rate announcement on Wednesday. There is an 88.5% chance the Fed will raise rates by 0.25%, according to the CME Group FedWatch indicator.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.4% at $109.24 per barrel and US West Texas Intermediate crude 4.5% higher at $104.53 per barrel.The economic calendar is vacant.In other world markets, Japan's Nikkei closed 0.8% lower, Hong Kong's Hang Seng ended 0.5% higher, and China's Shanghai Composite finished 0.1% lower. Meanwhile, the UK's FTSE 100 was up 0.5%, and Germany's DAX index was 0.6% lower in Europe's early afternoon session.In equities, stocks of Nvidia (NVDA), Micron Technology (MU), and Intel (INTC) were down as part of a broader downswing in the semiconductor industry after the AI development concerns raised by Amodei. Nvidia shares fell 2.5%, Micron stock was down 6%, and Intel shares dropped 6.9%.On the winning side, Exxon Mobil (XOM) stock was up 1.5% after a Bloomberg report cited executive Peter Clarke as saying that the company has raised its liquefied natural gas sales forecast even as the Middle East war prompts some countries to reconsider their reliance on the fuel. Johnson & Johnson (JNJ) shares rose 1.3% after the company said Sunday a phase 3 trial of its lung cancer drug Rybrevant combined with chemotherapy resulted in a median overall survival of 34.3 months. Chevron (CVX) stock was 1.5% higher after a Reuters report citing President of Global Gas, Freeman Shaheen, as saying that the company is considering expanding its global gas portfolio to the Mediterranean and Argentina to meet growing demand amid the crisis in the Middle East.

Dow JonesNasdaq CompositeS&P 500$CVX$INTC$JNJ$MU$NVDA$SPCX$XOM
Asia Markets

Update: US Equity Futures Lower Pre-Bell as Traders Assess Call for AI Advancement Slowdown, Upcoming Fed Decision

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were edging lower pre-bell Monday as traders evaluated a call for a slowdown in the advancement of artificial intelligence models and the upcoming Federal Reserve policy decision.Dow Jones Industrial Average futures were 0.4% lower, S&P 500 futures were down 0.7%, and Nasdaq futures were 1.6% lower.In an essay published on Saturday, Anthropic Chief Executive Officer Dario Amodei called for slowing the pace at which companies improved the capabilities of AI models, citing risks of losing control, the misuse of AI for cyberattacks and bioterrorism, and serious economic disruption.Amodei's proposal was backed by other major AI players, including OpenAI CEO Sam Altman and SpaceX (SPCX) CEO Elon Musk.The Federal Reserve policy session starts Tuesday and concludes with a rate announcement on Wednesday. There is an 88.5% chance the Fed will raise rates by 0.25%, according to the CME Group FedWatch indicator.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.7% at $109.57 per barrel and US West Texas Intermediate crude 468% higher at $104.67 per barrel.The economic calendar is vacant.In other world markets, Japan's Nikkei closed 0.8% lower, Hong Kong's Hang Seng ended 0.5% higher, and China's Shanghai Composite finished 0.1% lower. Meanwhile, the UK's FTSE 100 was up 0.5%, and Germany's DAX index was 0.6% lower in Europe's early afternoon session.In equities, stocks of Nvidia (NVDA), Micron Technology (MU), and Intel (INTC) were down as part of a broader downswing in the semiconductor industry after the AI development concerns raised by Amodei. Nvidia shares fell 2.5%, Micron stock was down 6%, and Intel shares dropped 6.9%.On the winning side, Exxon Mobil (XOM) stock was up 1.5% after a Bloomberg report cited executive Peter Clarke as saying that the company has raised its liquefied natural gas sales forecast even as the Middle East war prompts some countries to reconsider their reliance on the fuel. Johnson & Johnson (JNJ) shares rose 1.3% after the company said Sunday a phase 3 trial of its lung cancer drug Rybrevant combined with chemotherapy resulted in a median overall survival of 34.3 months. Chevron (CVX) stock was 1.5% higher after a Reuters report citing President of Global Gas, Freeman Shaheen, as saying that the company is considering expanding its global gas portfolio to the Mediterranean and Argentina to meet growing demand amid the crisis in the Middle East.

Dow JonesNasdaq CompositeS&P 500$CVX$INTC$JNJ$MU$NVDA$SPCX$XOM
Stocks Fall Pre-Bell Amid AI Safety Warnings; Investors Await Fed Rate Decision
US Markets

Stocks Fall Pre-Bell Amid AI Safety Warnings; Investors Await Fed Rate Decision

The benchmark US stock measures were tracking in the red before the opening bell Monday as traders assess warnings from leading artificial intelligence executives about the rapid pace of AI developments and await a major policy decision by the Federal Reserve later in the week.The S&P 500 declined 0.8%, the Dow Jones Industrial Average decreased 0.3%, and the tech-heavy Nasdaq fell 1.8% in premarket activity. All three main indexes finished Friday trading higher, snapping a four-day losing streak.Dario Amodei, chief executive of AI chatbot Claude maker Anthropic, called on the industry Saturday to slow the pace at which it advances AI model capabilities. His three-step plan for ensuring that safety measures keep pace with advances in AI model capabilities includes placing independent evaluators inside leading AI companies with "employee-like access."OpenAI CEO Sam Altman and Tesla (TSLA) and SpaceX (SPCX) CEO Elon Musk supported Amodei's call in posts on X.Shares of Nvidia (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), SanDisk (SNDK), Intel (INTC) and Qualcomm (QCOM) were down pre-bell. Shares of AI hyperscalers including Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN) and Meta Platforms (META) also dropped.With no major economic reports scheduled for Monday, traders will focus on the Fed's monetary policy committee meeting scheduled for Tuesday, with a decision on interest rates due the following day. Markets are currently pricing in an 87% probability that the central bank will hike its benchmark lending rate by 25 basis points, with the remaining odds in favor of another Fed pause.In remarks emailed toon Friday, Oxford Economics said it "expects a third consecutive set of moderate inflation readings to tip a narrow majority towards holding rates," although "rising oil prices and still-elevated inflation make a risk-management case for a hike."Last week, official data showed that US consumer inflation hit a three-month high in August as energy prices rose, while the core measure unexpectedly accelerated.Treasury yields were down, with the two-year rate retreating 1.8 basis points to 4.63% while the 10-year rate was off 1.6 basis points to 4.96%.West Texas Intermediate crude oil rose 2.6% to $102.66 a barrel, while Brent gained 2.7% to $107.38.A diplomatic meeting between Iran and several Gulf states to discuss the future of the Strait of Hormuz has been called off, following Yemen's Iran-aligned Houthis' attack on a military airbase in Saudi Arabia, Reuters reported. The meeting was scheduled for Monday.Saudi Arabia's Energy Ministry said Friday that the kingdom shut down its key East-West crude oil pipeline in the Riyadh and Madinah regions as a precautionary measure a day after the facility was targeted in multiple attacks. The pipeline closure leaves the Strait of Hormuz as the kingdom's only route for moving large volumes of crude westward, according to Rystad Energy.Gold slipped 1.9% to $4,327 per troy ounce, while bitcoin edged 0.9% higher to $77,992.

Dow JonesNasdaq CompositeS&P 500$AMD$AMZN$GOOG$GOOGL$INTC$META$MSFT$MU$NVDA$QCOM$SNDK$SPCX$TSLA
Major Tech Stocks Fall as AI Leaders Warn of Risks From Rapid Advances
US Markets

Major Tech Stocks Fall as AI Leaders Warn of Risks From Rapid Advances

Shares of major technology companies fell early Monday after leading artificial intelligence executives warned of increasing safety risks and urged the industry to advance AI model capabilities at a more measured pace.Anthropic Chief Executive Dario Amodei called on the industry to slow the pace at which it advances AI model capabilities in an essay published on his personal website Saturday. Addressing the technology's risks requires greater caution, and capabilities should advance at a pace that gives risk-prevention efforts time to keep up, he said."Since roughly this summer, AI has been advancing drastically faster, driven primarily by AI's growing ability to build the next generation of AI," Amodei said. "Left unchecked, it could outrun our ability to understand and control these systems, and so must be pursued very carefully, if at all."Shares of Nvidia (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), SanDisk (SNDK), Intel (INTC) and Qualcomm (QCOM) were all trending lower in the most recent premarket activity. Shares of major technology companies investing heavily in AI infrastructure, including Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN) and Meta Platforms (META), also fell.OpenAI CEO Sam Altman supported Amodei's call. "I agree with Dario that we need to pace the frontier," Altman said in a Saturday post on X."We could lose control of the future to AI," Altman wrote separately in a latest post on X, explaining the potential negative consequences of AI progress. "This is unacceptable; we are unapologetically on Team Humanity, and AI must always serve people. To ensure that, we need ways to ensure that alignment and safety techniques stay ahead of progress in model capabilities."Tesla (TSLA) and SpaceX (SPCX) CEO Elon Musk also endorsed Amodei's call, writing on X, "Dario is right."In an interview with Fortune published over the weekend, Altman said OpenAI will not go public this year due to AI safety concerns. Earlier this year, OpenAI and Anthropic confidentially filed for their potential initial public offerings in the US.Amodei proposed a three-step plan to temper AI development without "sacrificing commercial advantage or the United States' lead in AI." The plan calls for placing independent evaluators inside leading AI companies, establishing common safety standards across the industry and coordinating safeguards among governments worldwide.Meanwhile, President Donald Trump on Sunday pushed back on concerns surrounding AI risks. "I think you have a lot of very negative forces that are bringing it up that shouldn't be bringing it up and they're bringing up things that won't happen," Trump told reporters, according to a Reuters report.Trump also reportedly said that the US is "leading China" in the AI industry and that he would like to "keep it that way because whoever wins AI wins."Last month, cybersecurity company CrowdStrike (CRWD) lifted its full-year net new annual recurring revenue, or ARR, outlook amid increasing demand for solutions to address AI risks.Palo Alto Networks (PANW) CEO Nikesh Arora said during an earnings call earlier this month that he expected AI tailwinds driving cybersecurity demand to intensify in the future.Concerns about AI safety intensified last week after Jacob Coxon, an AI researcher at Anthropic, announced that he was leaving the company and warned that leading AI developers were racing to build self-improving systems they might not be able to control.

$AMD$AMZN$CRWD$GOOG$GOOGL$INTC$META$MSFT$MU$NVDA$PANW$QCOM$SNDK$SPCX$TSLA
Wire

Top Midday Stories: Rate-Hike Expectations Rise After August CPI Release; Oracle Shares Up Modestly After Strong Earnings Results

All three major US stock indexes were up in late-morning trading Friday, as oil prices fell and the latest inflation data matched expectations.The US seasonally adjusted consumer price index rose by 0.4% in August, as expected, and following a 0.1% increase in July, the Bureau of Labor Statistics said Friday. Core CPI, which excludes food and energy prices, rose by 0.3%, faster than the consensus estimate of a 0.2% gain and above July's 0.2% rise. The year-over-year rate for overall CPI stayed at 3.4%, while core CPI slowed to 2.4% from 2.5% the previous month. Following the release, traders priced in about a 90% chance the Federal Reserve's rate-setting committee hikes rates at its next meeting, Bloomberg reported.In company news, Oracle (ORCL) reported fiscal Q1 adjusted earnings late Thursday of $1.92 per diluted share, up from $1.47 a year earlier and above the FactSet consensus analyst estimate of $1.74. Fiscal Q1 revenue was $19.35 billion, up from $14.93 billion a year ago and above the FactSet consensus of $19.14 billion. For fiscal Q2, the company expects adjusted EPS of $1.85 to $1.93 and revenue growth of 30% to 34%. Analysts polled by FactSet expect EPS of $1.89. For full-year fiscal 2027, Oracle expects adjusted EPS of $8.10 on revenue of at least $90 billion, up from its previous guidance of adjusted EPS of $8.05. Analysts expect $8.07 EPS on revenue of $89.66 billion. Oracle shares were up 0.3% around midday.Microsoft (MSFT) intends to more than triple its global data center capacity to over 38 gigawatts in 2032, Bloomberg reported late Thursday, citing people familiar with the plans. Those plans could change as server farms take years to develop, while evolving customer preferences and new technology could reset current assumptions, according to the report.Separately, Microsoft-backed OpenAI is considering slowing development of advanced AI and hopes other AI companies do the same, Bloomberg reported Friday, citing people familiar with the matter. Lastly, OpenAI, Nvidia (NVDA), Oracle and Cisco (CSCO) are involved in a data center in the United Arab Emirates that will likely be revised following attacks by Iran, Reuters reported Friday, citing people familiar with the matter. Microsoft shares were up 0.4%, while Nvidia and Cisco shares were up 0.7% and 3.4%, respectively.Adobe (ADBE) reported fiscal Q3 adjusted EPS late Thursday of $6.13, up from $5.31 a year ago and above the FactSet consensus of $6.08. Fiscal Q3 revenue was $6.76 billion, up from $5.99 billion a year ago and above the FactSet consensus of $6.69 billion. For fiscal Q4, the company expects adjusted EPS of $6.30 to $6.35 on revenue of $6.80 billion to $6.85 billion. Analysts expect EPS of $6.31 on revenue of $6.84 billion. Adobe expects full-year adjusted EPS of $24.45 to $24.50 on revenue of $26.576 billion to $26.626 billion, up from its prior guidance of adjusted EPS of $24.35 to $24.45 on revenue of $26.5 billion to $26.6 billion. Analysts expect EPS of $24.42 on revenue of $26.539 billion. Adobe shares were down 0.4%.Kroger (KR) reported fiscal Q2 adjusted EPS Friday of $1.09, up from $1.04 a year earlier and above the FactSet consensus of $1.06. Fiscal Q2 sales were $34.62 billion, up from $33.94 billion a year ago but below the FactSet consensus of $34.64 billion. The company expects full-year identical sales, excluding fuel, to rise 0.2% to 0.8%, lower than its prior guidance of 1% to 2% growth. Kroger shares were up 2.3%.Price: $154.00, Change: $+1.06, Percent Change: +0.69%

$ADBE$CSCO$KR$MSFT$NVDA$ORCL
Equities

Social Buzz: Wallstreetbets Stocks Mixed Premarket Friday; Oracle to Rise, Adobe to Fall

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Friday's opening bell.Oracle (ORCL) was up 7.1% premarket, reversing a 5.4% fall at Thursday's close. The company overnight reported stronger-than-expected growth in fiscal Q1 adjusted earnings and sales, and raised its full-year outlook.Micron Technology (MU) rose by 1% hours before market open, swinging from a 4.9% decline in the previous session.Nvidia (NVDA) advanced by 0.9% in pre-bell activity, after a 2.4% fall Thursday.SpaceX (SPCX) was 0.9% higher premarket, following a 0.4% increase from the previous session.Reddit (RDDT) was up 0.5% in premarket activity, following a 6.1% rise at Thursday's close.Adobe (ADBE) fell by 3.7% in pre-bell hours, after a 2.4% decline in the previous session.W&T Offshore (WTI) was down 2.6% pre-bell, after closing Thursday with a 3.2% rise.Apple (AAPL) was 0.3% lower in premarket hours, swinging from a 3.6% increase in the previous session.

$AAPL$ADBE$MU$NVDA$ORCL$RDDT$SPCX$WTI
Wire

SolarEdge Advances Powertrain for AI Data Centers

SolarEdge Technologies (SEDG) said Thursday its medium-voltage to 800 VDC conversion stage of its DC powertrain for AI data centers is now operating under load in engineering laboratories.The firm said a system-level validation of the full path underway.SolarEdge also said it has published a protection and grounding framework for 800 VDC systems, developed with Nvidia and offered as a technology-neutral framework for industry evaluation.Price: $36.53, Change: $+1.32, Percent Change: +3.75%

$NVDA$SEDG
Wire

Market Chatter: Nvidia GPU Servers Bought by Latham & Watkins to Fine-Tune AI Models

Nvidia (NVDA) GPU servers were purchased by Latham & Watkins, the second-largest US law firm by revenue, to fine-tune open-weight artificial intelligence models for its own use, the Financial Times reported Thursday.Setting up its own AI servers allows the law firm to keep its clients' sensitive data entirely within its own systems, according to the report.Latham is the first public example of a big law firm purchasing its own AI hardware and fine-tuning its own models, with others opting to subscribe to AI software services and cloud infrastructure, the report said.Latham declined to comment beyond saying the report was "accurate," while Nvidia did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $218.38, Change: $-5.29, Percent Change: -2.37%

$NVDA
Wire

Nvidia, D-Matrix Collaborate on New AI Systems

Nvidia (NVDA) is collaborating with artificial intelligence chip company d-Matrix to build systems designed for ultra-low latency AI inference, d-Matrix said Thursday.Financial terms were not provided.D-Matrix said it will integrate its Raptor chips into Nvidia's rack systems using NVLink Fusion to enable AI labs, hyperscalers and neoclouds to offer premium-level token services.The company said it expects the first systems to become available in Q4 of 2027.Shares of Nvidia were down 2.2% in Thursday trading.Price: $218.73, Change: $-4.94, Percent Change: -2.21%

$NVDA
Sectors

Sector Update: Tech Stocks Fall Premarket Thursday

Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.7% lower and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 2.2%.Tenable Holdings (TENB) shares were down more than 5% after the company said it plans to offer $650 million of convertible senior notes due 2031 in a private placement.ChipMOS Technologies (IMOS) stock declined by more than 2% after the company reported revenue of about 2.79 billion New Taiwan dollars ($88.2 million) for August, down 1.3% from the previous month.Rackspace Technology (RXT) shares were up more than 8% after the company said it plans to offer Nvidia's (NVDA) Blackwell artificial intelligence infrastructure for regulated enterprises and governments.

$IMOS$NVDA$RXT$TENB$XLK$XSD
Insider Trading

Nvidia Insider Sold Shares Worth $235,636,867, According to a Recent SEC Filing

Mark A Stevens, Director, on September 03, 2026, sold 1,022,239 shares in Nvidia (NVDA) for $235,636,867. Following the Form 4 filing with the SEC, Stevens has control over a total of 28,898,893 common shares of the company, with 11,544,612 shares held directly and 17,354,281 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1045810/000119903926000014/xslF345X05/wk-form4_1788901755.xml

$NVDA
Commodities

Market Chatter: AI Data Centers, Chip Expansion Set To Drive South Korea Power Demand

South Korea's power demand could surge 25 gigawatts to 30 GW from AI alone as Samsung Electronics and SK Hynix expand chip production and new AI data centers emerge, Reuters reported Tuesday, citing an interview with the Minister of Climate, Energy and Environment Kim Sungwhan.Kim added that Nvidia (NVDA) and other US technology companies are considering South Korea for data center investments, encouraged by the country's reliable power supply. South Korea also expects power demand to rise as consumers shift to electric vehicles and electric heating, the report added.South Korea plans to update its long-term energy roadmap through 2040 next month, with nuclear expansion under review, though Kim did not specify how many new reactors the country needs, but called nuclear power essential to the energy mix.South Korea's Ministry of Climate, Energy and Environment News did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $227.24, Change: $-3.12, Percent Change: -1.35%

$NVDA
Wire

GE Healthcare Technologies Submits StarGuide GX Molecular Imaging System for US FDA Clearance

GE Healthcare Technologies (GEHC) said Tuesday its StarGuide GX molecular imaging system is pending 510(k) clearance from the US Food and Drug Administration following a recent European regulatory certification.The diagnostic platform detects a wide spectrum of energy frequencies to evaluate investigational alpha-emitting isotopes deployed in targeted radiotherapy procedures, the company said.The device integrates dual-sided cadmium zinc telluride sensors to support volume sensitivity alongside Nvidia (NVDA) processing units to accelerate clinical data reconstruction, GE HealthCare said.Price: $68.03, Change: $-0.83, Percent Change: -1.20%

$GEHC$NVDA
Stocks Mostly Down Pre-Bell Amid Rising Middle East Tensions; Investors Await Key Inflation Data
US Markets

Stocks Mostly Down Pre-Bell Amid Rising Middle East Tensions; Investors Await Key Inflation Data

The benchmark US stock measures were mostly pointing lower before the opening bell Tuesday amid escalating hostilities in the Middle East, while investors await key inflation data later in the week.The S&P 500 fell 0.2%, and the Dow Jones Industrial Average decreased 0.7% in premarket activity, while the Nasdaq edged up 0.1%. The indexes finished Friday's trading session in the red. US markets were closed on Monday for the Labor Day holiday.West Texas Intermediate crude oil rose 2.6% to $93.84 a barrel, while Brent gained 1.6% to $98.50.Saudi Arabia's energy ministry reportedly said operations at certain energy facilities were halted following strikes by the Iran-backed Houthi militants from Yemen that hurt more than 70 people, CNBC reported. A military spokesman for the Houthis said the group attacked Saudi Aramco facilities, according to the report.The US Central Command said Saturday that its forces struck three Iranian crude oil carriers after Iran's Islamic Revolutionary Guard Corps launched ballistic missiles toward two US Navy warships.Iran said its deal with Oman to manage shipping through the Strait of Hormuz is in its final stages and will include a temporary safe route through the crucial waterway, Bloomberg News reported Tuesday.Traders await the consumer price index for August on Friday, while data on wholesale prices for the same month is scheduled to be released on Thursday.Treasury yields were mixed, with the two-year rate retreating 0.6 basis points to 4.37%, while the 10-year rate rose 1.2 basis points to nearly 4.8%.Last week, government data showed that the US economy added 162,000 jobs in August, well above the 55,000 increase expected by Wall Street. The report came as the Federal Reserve weighs labor-market conditions and inflation expectations ahead of its policy meeting next week.Markets are pricing in a 61% probability that the Federal Open Market Committee will raise its benchmark lending rate by 25 basis points at its meeting this month, with the remaining odds pointing to no change, according to the CME FedWatch tool.Shares of Micron Technology (MU) advanced 1.6% pre-bell, while Intel (INTC) climbed 4.3%. Nvidia (NVDA) nudged 0.4% higher, while SanDisk (SNDK) was up 1.9%.ABM Industries (ABM) and United Natural Foods (UNFI) are expected to release their latest financial results before the bell, while Casey's General Stores (CASY) posts its earnings after the markets close.Gold was down 0.6% at $4,447 per troy ounce, while bitcoin declined 0.7% to $78,749.

Dow JonesNasdaq CompositeS&P 500$ABM$CASY$INTC$MU$NVDA$SNDK$UNFI
Sectors

Sector Update: Tech Stocks Rise Late Afternoon

Tech stocks were higher late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.9%.The Philadelphia Semiconductor Index climbed 2.6%.In sector news, Abu Dhabi's AI firm G42 has held talks over potentially selling a majority stake to US companies, in a bid to secure access to advanced AI chips beyond 2027, Bloomberg reported. G42 will be able to buy AI chips without a US license until around April 2027, but it will need to modify its corporate structure to keep buying those chips, Bloomberg reported, adding that proposals being considered include selling a majority stake to a US firm or establishing a new vehicle in the US.In corporate news, AI cloud computing firm Nscale is looking to sell up to $1.5 billion of convertible notes to a group of investors ahead of its planned initial public offering, Bloomberg reported. The UK-based company is also trying to secure about $2 billion in financing from Nvidia (NVDA), the report said. Separately, Nvidia has increased its equity investments more than ten-fold in the past year to $99 billion, as of July 26, CNBC reported. Nvidia shares were up 0.7%.United Microelectronics (UMC) shares rose 4% after the company reported sales of 25.04 billion New Taiwan dollars ($790.6 million) in August, up 30.71% from a year earlier.Apple's (AAPL) initial production of its long-awaited foldable iPhone is limited to a few hundred units per day, mainly because of stringent quality-control requirements, Nikkei Asia reported. Apple shares were down 2%.Zscaler (ZS) fell 5.4% even as the cloud security company reported fiscal fourth-quarter results above Wall Street's consensus and outlined a strong full-year outlook. The company's guidance is conservative and reflects factors including an expected loss of Red Canary's customers and the competitive AI security environment, Oppenheimer said in a note.UiPath (PATH) shares dropped 16% after the software company released its latest quarterly results late Thursday.

$AAPL$NVDA$PATH$UMC$ZS
Sectors

Sector Update: Tech

Tech stocks were higher late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.9%.The Philadelphia Semiconductor Index climbed 2.6%.In corporate news, AI cloud computing firm Nscale is looking to sell up to $1.5 billion of convertible notes to a group of investors ahead of its planned initial public offering, Bloomberg reported. The UK-based company is also trying to secure about $2 billion in financing from Nvidia (NVDA), the report said. Nvidia shares were up 0.7%.

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Wire

HP Introduces AI-Focused OmniBook Laptops, OmniDesk Computer

HP (HPQ) said Friday it has unveiled the artificial intelligence-focused OmniBook Ultra 16, OmniBook X 14, and OmniDesk personal computers, powered by Nvidia's (NVDA) RTX Spark and Microsoft (MSFT) Windows.The hardware manufacturer built the new device portfolio for software developers and digital creators by adding localized AI processing capabilities, high-resolution OLED displays, and advanced thermal management architectures, the company said.The technology firm plans to release the two laptops through its direct online channels and commercial retailers this fall while withholding pricing specifics and exact desktop launch schedules until a later date, HP said.Price: $32.49, Change: $+0.56, Percent Change: +1.74%

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