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$NVDA
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389 stories mentioning NvidiaUpdated 14h ago

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

Wire

Itau BBA Adjusts Nvidia Price Target to $218 From $256

Nvidia (NVDA) has an average rating of Buy and mean price target of $310.62, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $200.82, Change: $+0.82, Percent Change: +0.41%

$NVDA
Wire

CoreWeave Partners With Conapto for AI Cloud Capacity in Sweden

CoreWeave (CRWV) said Wednesday it has signed a colocation agreement with Conapto to expand AI cloud capacity in Sweden.The arrangement encompasses two campuses in Stockholm powered by renewable energy, the company said.The firm said initial capacity is already online, providing European customers with access to its platform powered by Nvidia's (NVDA) Blackwell and Vera Rubin systems connected via Quantum-X800 InfiniBand.Shares were down about 3% in midday trading.Price: $102.44, Change: $-3.28, Percent Change: -3.10%

$CRWV$NVDA
Stocks Mostly Up Pre-Bell Ahead of Micron's Latest Financial Results
US Markets

Stocks Mostly Up Pre-Bell Ahead of Micron's Latest Financial Results

US stock futures were mostly trending higher on Wednesday as markets looked to recover from the previous session's tech-driven selloff, while investors await Micron Technology's (MU) latest quarterly results.The S&P 500 rose 0.2% and the Nasdaq increased 0.5% before the opening bell, while the Dow Jones Industrial Average slipped 0.1%. The indexes closed Tuesday trading lower, with the Nasdaq logging its sharpest decline since June 5.Shares of Micron rose 3.9% pre-bell after closing the previous trading session down 13%. The semiconductor company is scheduled to post its fiscal third-quarter results after the markets close, with analysts on FactSet currently estimating non-GAAP earnings of $20.83 per share and sales of $35.85 billion.Tech bellwether Nvidia (NVDA) was up 0.7% after a 4.1% decline in the prior session. Intel (INTC) increased 1.9%, while Qualcomm (QCOM) advanced 2.1%.Tech stocks may face spillover impact from the recent sharp sell-off in South Korea, though the decline appears to be a "pullback/breather" in a market that almost doubled this year, Wedbush Securities said in a note on Tuesday.FedEx's (FDX) stock fell 7.2% as the parcel delivery giant issued a downbeat earnings outlook for the full 2026 calendar year. Wendy's (WEN) jumped 15% as the fast-food chain hired Potbelly Sandwich Works finance chief Steve Cirulis for the same role, effective Tuesday.West Texas Intermediate crude oil decreased 1.5% to $72.09 a barrel in premarket action, while Brent slipped 1.6% to $75.86.In a social media post early Wednesday, President Donald Trump said he has instructed the Department of Justice to "immediately start looking" into oil companies not lowering their prices."The big oil companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for oil," according to Trump. "Those prices are dropping like a rock! In other words, customers are being 'gouged.'"US Secretary of State Marco Rubio arrived in the Gulf region, aiming to sell the Iran deal to three countries -- the United Arab Emirates, Bahrain and Kuwait -- that are likely to be among the biggest skeptics, CNN reported Tuesday.Treasury yields were mixed before the open, with the two-year rate nudging higher by 0.1 basis point to 4.2% while the 10-year rate retreated 0.8 basis points to 4.49%.On Wednesday's economic calendar, the weekly mortgage applications bulletin posts at 7 am ET, followed by the new home sales report for May at 10 am. The weekly EIA domestic petroleum inventories report is due at 10:30 am.Paychex (PAYX) is expected to post its financial results before the bell, while Trip.com (TCOM), Jefferies Financial (JEF) and H. B. Fuller (FUL) report after the markets close.Gold declined 1.8% to $4,076 per troy ounce, while bitcoin traded up 0.3% at $62,455.

Dow JonesNasdaq CompositeS&P 500$FDX$FUL$INTC$JEF$MU$NVDA$PAYX$QCOM$TCOM$WEN
Insider Trading

Nvidia Insider Sold Shares Worth $185,999,938, According to a Recent SEC Filing

Mark A Stevens, Director, on June 18, 2026, sold 885,000 shares in Nvidia (NVDA) for $185,999,938. Following the Form 4 filing with the SEC, Stevens has control over a total of 31,768,422 shares of the company, with 11,543,401 shares held directly and 20,225,021 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1045810/000119903926000007/xslF345X05/wk-form4_1782247316.xml

$NVDA
Update: Nasdaq Posts Sharpest Drop in 2 Weeks as Chip Stocks Slide
US Markets

Update: Nasdaq Posts Sharpest Drop in 2 Weeks as Chip Stocks Slide

(Updates with market moves at the end of the day.)The Nasdaq Composite fell the most in more than two weeks on Tuesday amid a sell-off in chip-related stocks, including Nvidia (NVDA) and Micron Technology (MU).The tech-heavy Nasdaq dropped 2.2% to 25,587, the sharpest decline since June 5. The S&P 500 fell 1.4% to 7,365.5, the biggest loss since June 10. The Dow Jones Industrial Average eased 0.1% to 51,665.8.Among sectors, tech posted the largest decline, shedding 3.7%, while consumer staples led the gainers.Nvidia shares slumped 4.1%, the biggest drop on the Dow. Sandisk (SNDK) tumbled 14%, the largest decline on the S&P, followed by Micron, down 13%. On Semiconductor (ON) and Marvell Technology (MRVL) also slumped.Tech stocks may face spillover impact from the recent sharp sell-off in South Korea, though the decline appears to be a "pullback/breather" in a market that almost doubled this year, Wedbush Securities said in a note.With Micron set to report earnings Wednesday, Wedbush cited "some added nervousness on the important memory chip trade.In company news, IBM (IBM) shares rose 5%, the biggest gain on the Dow. The computer maker joined the OpenAI Daybreak Cyber Partner Program and launched a new application-security service that uses OpenAI's models.Korn Ferry (KFY) reported higher fiscal fourth-quarter results, though the consulting firm issued an outlook calling for lower earnings in the current quarter. The shares jumped 5.8%.West Texas Intermediate crude oil slipped 0.7% to $73.31 a barrel, while Brent lost 1.1% to $77.08.US Secretary of State Marco Rubio arrived in the Gulf region, aiming to sell the Iran deal to three countries -- the United Arab Emirates, Bahrain and Kuwait -- that are likely to be among the biggest skeptics, CNN reported.US Treasury yields were lower, with the two-year rate last down 3.2 basis points at 4.21% and the 10-year rate falling two basis points to 4.50%.In economic news, US private-sector output rose in June at the fastest pace in five months amid a solid expansion in the manufacturing sector, S&P Global (SPGI) said."Brighter news out of the Middle East has helped restore some confidence among US businesses in June, though the overall rate of economic growth signaled by the flash PMI survey remains relatively sluggish compared to that seen earlier in the year in the lead up to the conflict," S&P Global said.Manufacturing activity in the US Mid-Atlantic region fell more than projected in June, with shipments, new orders and employment all weakening, data from the Federal Reserve Bank of Richmond showed.Gold was down 1.5% at $4,139.80 per troy ounce, while silver slumped 6% to $61.64 per ounce.

Dow JonesNasdaq CompositeS&P 500$IBM$KFY$MRVL$MU$NVDA$ON$SNDK$SPGI
Update: Equity Markets Mostly Fall Intraday Amid Tech Sell-Off
US Markets

Update: Equity Markets Mostly Fall Intraday Amid Tech Sell-Off

(Updates with latest market prices and developments.)US benchmark equity indexes were mostly lower intraday amid a sell-off in the technology sector led by big names such as Nvidia (NVDA) and Micron Technology (MU).The tech-heavy Nasdaq Composite was down 1.5% at 25,767.5 after midday Tuesday, while the S&P 500 fell 1% to 7,400.6. The Dow Jones Industrial Average edged up 0.3% to 51,845.6. Among sectors, tech saw the steepest decline, down 2.8%, while consumer staples paced the gainers.Within tech, semiconductor stocks were the notable laggards, with Nvidia shares down 3.1%, the second-worst performer on the Dow. Sandisk (SNDK) slid 13%, the biggest drop on the S&P 500. On Semiconductor (ON) and Qualcomm (QCOM) were also sharply lower.Micron followed Sandisk on the S&P 500, down nearly 12%.Tech stocks may face spillover impact from the recent sharp sell-off in South Korea, though the decline appears to be a "pullback/breather" in a market that nearly doubled this year, Wedbush Securities said."With Micron set to report earnings this (Wednesday), there is some added nervousness on the important memory chip trade and, along with technical triggers, is adding to some nervousness among tech investors," the brokerage said in a note.In company news, IBM (IBM) shares were up 4.8% intraday Tuesday, the best performer on the Dow. The computer maker joined the OpenAI Daybreak Cyber Partner Program and launched a new application-security service that uses OpenAI's models to help enterprises identify and validate software vulnerabilities, it said late Monday.Korn Ferry (KFY) on Tuesday reported higher fiscal fourth-quarter results, although the consulting firm issued an outlook calling for lower earnings in the current quarter. The company's shares were up 5.4%.Parcel delivery giant FedEx (FDX) is scheduled to report results after the closing bell Tuesday.West Texas Intermediate crude oil slipped 0.8% to $73.27 a barrel intraday, while Brent lost 1% to $77.15.US President Donald Trump said 19 million barrels of oil flowed out of the Strait of Hormuz yesterday, marking an all-time record. "Oil prices are tumbling down," Trump said Tuesday.In a separate social media post, Trump said he has agreed to allow the strait to remain open, with no further naval blockade. "However, all ships are remaining in place should it be necessary to reinstitute the Blockade, which seems, at this point, highly unlikely," the president said.US Secretary of State Marco Rubio arrived in the Gulf region, aiming to sell the Iran deal to three countries -- the United Arab Emirates, Bahrain and Kuwait -- that are likely to be among its biggest skeptics, CNN reported.US Treasury yields were lower intraday, with the two-year rate down 4.3 basis points at 4.20% and the 10-year rate falling 2.8 basis points to 4.47%.In economic news, US private-sector output rose in June at the fastest pace in five months amid a solid expansion in the manufacturing sector, S&P Global (SPGI) said."Brighter news out of the Middle East has helped restore some confidence among US businesses in June, though the overall rate of economic growth signaled by the flash PMI survey remains relatively sluggish compared to that seen earlier in the year in the lead up to the conflict," S&P Global Market Intelligence Chief Business Economist Chris Williamson said.Manufacturing activity in the US Mid-Atlantic region fell more than projected in June, with shipments, new orders and employment all weakening sequentially, data from the Federal Reserve Bank of Richmond showed.Gold was down 1.3% at $4,147.80 per troy ounce, while silver slumped 5.4% to $62.02 per ounce.

Dow JonesNasdaq CompositeS&P 500$FDX$IBM$KFY$MU$NVDA$ON$QCOM$SNDK$SPGI
Wire

Penguin Solutions Designated as Nvidia AI Factory Specialized Partner

Penguin Solutions (PENG) said Tuesday it has become an Nvidia (NVDA) AI Factory Specialized Partner, an invitation-only specialization within Nvidia's partner network.The company said the designation recognizes its capabilities in designing, building, deploying, and operating full-stack AI factory infrastructure for enterprise and hyperscale customers.Price: $67.90, Change: $-0.04, Percent Change: -0.06%

$NVDA$PENG
International

US Equity Markets Mixed as Communication Services Stocks Fall, Bond Yields Move Up

US equity indexes were mixed on Monday after communication services stocks saw steep declines and government bond yields moved higher.* US Vice President JD Vance said Monday that Iran agreed to allow International Atomic Energy Agency inspectors into the country, according to media reports.* The US issued a 60-day license allowing Iran to sell oil on the international market, Bloomberg reported Monday.* July West Texas Intermediate crude oil fell $1.41 to settle at $75.19 per barrel, while August Brent crude, the global benchmark, was last seen down $2.27 at $78.30.* Super Micro Computer (SMCI) shares were up roughly 15%, the top gainer on the S&P 500, after the company said it is launching a high-performance computing data center offering based on Nvidia's (NVDA) Vera Rubin NVL4 platform.* Alphabet's (GOOG, GOOGL) Google DeepMind data scientist and Nobel Prize winner John Jumper is leaving to join Amazon (AMZN) and Alphabet-backed Anthropic, he said Friday. Shares of Alphabet were down about 5%, one of the steepest decliners on the S&P 500 and the Nasdaq.

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$GOOGL$NVDA$SMCI
Sectors

Sector Update: Tech

Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.4%.The Philadelphia Semiconductor index rose 1.1%.In corporate news, Dell (DELL) shares climbed 1.9% after it introduced the PowerEdge XE8812, a new server designed to handle large AI-computing workloads and built with Nvidia's (NVDA) Vera Rubin platform.

$DELL$NVDA
Wire

Dell Technologies Unveils New Server Designed for AI Workloads

Dell Technologies (DELL) introduced the PowerEdge XE8812, a new server designed to handle large AI- computing workloads and built with Nvidia's (NVDA) Vera Rubin platform.The system uses direct liquid cooling and is built for high-density deployments, supporting up to 144 graphics processors per rack to run large models in memory, Dell said Monday in a statement.The US Department of Energy will use the servers to build the Doudna supercomputer at the Lawrence Berkeley National Laboratory, Dell said.The PowerEdge XE8812 will be available globally early next year, Dell said.Dell shares rose 2.5% in Monday trading, and Nvidia fell 0.9%.Price: $419.72, Change: $+10.22, Percent Change: +2.50%

$DELL$NVDA
Wire

Super Micro Computer Launches High-Performance Computing Data Center Offering

Super Micro Computer (SMCI) shares were up roughly 18% in afternoon trading on Monday after the company said it is launching a high-performance computing data center offering based on Nvidia's (NVDA) Vera Rubin NVL4 platform.The new offering, called Data Center Building Block Solutions Blueprint for HPC, provides computing power, networking, advanced liquid cooling, power distribution, and site infrastructure to research institutions and supercomputing centers, the company said.Price: $36.14, Change: $+5.48, Percent Change: +17.87%

$NVDA$SMCI
SpaceX to Reportedly Grant Reflection AI Access to Computing Infrastructure in $6.3 Billion Deal
US Markets

SpaceX to Reportedly Grant Reflection AI Access to Computing Infrastructure in $6.3 Billion Deal

Space Exploration Technologies (SPCX) agreed to grant Reflection AI access to the rocket and satellite company's computing infrastructure for up to $6.3 billion, CNBC reported Monday.Under the deal, Reflection, an open-source artificial intelligence startup, will pay $150 million per month to SpaceX for using Nvidia's (NVDA) GB300 chips starting July 1, the report added, citing materials viewed by CNBC.The total payment will be about $6.3 billion if the deal runs through the end of its term in 2029, according to the report. The agreement allows either party to terminate the deal after a 90-day notice period after the first three months, CNBC reported.SpaceX and Reflection didn't immediately respond to a request for comment by.Separately, SpaceX said in a regulatory filing on Monday that it has launched its first offering of senior unsecured notes to repay outstanding bridge loan debt and cover general corporate expenses. The space exploration firm added that it holds approximately $100.8 billion in cash and cash equivalents as of June 19.Shares of SpaceX plunged over 10% intraday.Last week, SpaceX closed its IPO of about 638.9 million shares at $135 apiece, including full exercise by underwriters of their option to buy an additional 83.3 million shares. The company also agreed to acquire Anysphere, which operates AI coding agent Cursor, in a deal worth about $60 billion."We believe (SpaceX) is positioned to remain the dominant leader in space launch and space-adjacent verticals for the foreseeable future, capitalizing on its head start (versus) the competition," KeyBanc Capital Markets said in a note on Monday.The brokerage initiated coverage of SpaceX with sector weight rating. Starlink is driving profitable growth for the company while AI remains a long-term revenue driver boosted by recent contracts, according to the note."(SpaceX) possesses significant disruptive growth avenues, though we believe this is reflected in current valuation and risk/reward appears balanced, in our view," KeyBanc wrote.Price: $165.49, Change: $-19.51, Percent Change: -10.55%

$NVDA$SPCX
Wire

Top Midday Stories: Treasury Authorizes Sale of Iranian Oil; SpaceX launches First Inaugural Bond Issuance

The Nasdaq Composite and S&P 500 were down, while the Dow Jones Industrial Average was up in late-morning trading Monday, as market participants assess the latest developments in negotiations between the US and Iran.The US Department of the Treasury on Monday said it has issued a general license authorizing the production, delivery, and sale of crude oil, petrochemical products and petroleum products of Iranian origin through Aug. 21.In company news, SpaceX (SPCX) has commenced its first offering of senior unsecured notes, the proceeds of which will be used to repay outstanding borrowings under its bridge loan facility and to pay related fees and expenses, the company said Monday in a regulatory filing. The remainder of the proceeds will go toward general corporate purposes, the filing said. Separately, SpaceX has signed a roughly $6.3 billion computing power agreement with Reflection AI, CNBC reported, citing materials it viewed. Under the deal, Reflection will get access to Nvidia (NVDA) GB300s and will pay SpaceX $150 million per month from July 1 through 2029, the report said. SpaceX shares were down 8.7% around midday, while Nvidia eased 0.3%.AbbVie (ABBV) has agreed to acquire Apogee Therapeutics (APGE) for $135.11 per share in cash for a total equity value of $10.9 billion, the companies said Monday. The acquisition includes Apogee's pipeline of multiple clinical-stage drug candidates for inflammatory and immunological diseases, they said. The deal is expected to close in Q3. AbbVie shares were up 5.9%, while Apogee shares were up 46.8%.Chevron (CVX) said Monday its Energy Forge One subsidiary has signed a 20-year power purchase agreement with Microsoft (MSFT) for a planned data center in West Texas to be operated by the tech giant. The data center, known as Project Kilby, is expected to eventually deliver about 2.67 gigawatts of capacity. Chevron shares were up 0.2%, while Microsoft was down 2.1%.Getty Images (GETY) said Sunday it has entered into a display agreement with OpenAI under which Getty content will be displayed within ChatGPT. Getty shares were up 110%.Meta Platforms (META) is investing $900 million in Cred, an Indian fintech startup, and it plans to appoint its founder, Kunal Shah, as the new leader of WhatsApp, Bloomberg reported Monday, citing a news release. Following the investment, Meta will own roughly 20% of Cred, which will be valued at $4.5 billion post-money, the report said. Meta shares were down 2.7%.Morgan Stanley (MS) has identified two sites within the city of Dallas for a phased approach to establishing a new large-scale operations hub, according to a city document. In the first phase, Morgan Stanley would invest about $96.9 million in real estate and business personal property improvements as part of a roughly 52-month lease of office space at a temporary location. For phase two, Morgan Stanley would invest about $684.2 million in real estate and business personal property improvements at a permanent location by the end of 2031. An additional estimated $650 million would then be expended by the developer/landlord to deliver the core and shell building at the permanent location, the document said. Morgan Stanley shares were up 1.7%.Price: $169.37, Change: $-15.64, Percent Change: -8.45%

$ABBV$APGE$CVX$GETY$META$MS$MSFT$NVDA$SPCX
Wire

Market Chatter: SpaceX Signs Computing Power Contract With Reflection AI

Space Exploration Technologies (SPCX) has signed a computing power deal with Reflection AI, with payments totaling approximately $6.3 billion if the agreement runs through its full term, CNBC reported Monday, citing materials it reviewed.Under the agreement, Reflection AI will immediately gain access to Nvidia (NVDA) GB300 AI chips to train and run advanced models, and has agreed to pay SpaceX $150 million a month starting July 1 through 2029, according to the report.SpaceX and Reflection AI did not immediately respond to a request for comment by.(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: $167.52, Change: $-17.48, Percent Change: -9.45%

$NVDA$SPCX
Wire

Nvidia Says 35 AI Supercomputers Under Development Mark Europe's Largest One-Year Expansion

Nvidia (NVDA) said Monday that a record 35 Nvidia AI HPC supercomputers are currently in development across Europe, marking the continent's largest one-year expansion of supercomputers.The systems aim to support research across climate science, healthcare, clean-energy decarbonization, quantum computing and fundamental science, the company said.The Blackwell and Hopper platforms power the majority of Europe's AI factory buildout, with 800 AI exaflops deployed or announced since last year, Nvidia said.In a separate statement, Nvidia said it launched Nvidia Halos for Robotics, which is what the company calls the industry's first full-stack, comprehensive safety system for robotics and physical AI.Humanoid robot firm Agility is the first to use the system to incorporate safety into its humanoids, which work in factories, warehouses, and logistics operations, including for customers Amazon, GXO, Schaeffler and Toyota Motor Manufacturing Canada, Nvidia said.Price: $213.06, Change: $+2.37, Percent Change: +1.12%

$NVDA
Wire

Fervo Energy, Nvidia, Pacific Northwest National Laboratory Agree to Build Geothermal Platform

Fervo Energy (FRVO), Nvidia (NVDA), and the Pacific Northwest National Laboratory said Monday they agreed to build a digital twin simulation platform for geothermal systems.The system combines field datasets with physical modeling and artificial intelligence predictions to provide real-time observation of underground conditions, the companies said.Research personnel will train the software architecture using computing infrastructure and field information obtained from operational sites in Nevada and Utah, they said.The companies intend to make the platform public by 2029, they added.Shares of Fervo were up over 12% in Monday premarket activity, while Nvidia shares were slightly lower.Price: $39.45, Change: $+4.36, Percent Change: +12.43%

$FRVO$NVDA
Equities

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Monday; Sandisk to Advance, Space Exploration Technologies to Decline

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Monday's opening bell.Sandisk (SNDK) was up 3.9% pre-bell, following an 11.5% rise at Thursday's close.Intel (INTC) was 3.8% higher premarket, after a 10.6% increase from Thursday's session.Micron Technology (MU) rose by 3.6% in premarket activity, after an 8.7% increase from the previous session.Take-Two Interactive Software (TTWO) advanced by 3.1% in pre-bell hours, after closing Thursday with a 4.9% increase. Take-Two Interactive's Rockstar Games said pre-orders for its Grand Theft Auto VI video game will start on June 25 for both digital and physical retail locations.DTE Energy (DTE) was up 0.5% premarket, after a 0.3% increase from the previous session.Space Exploration Technologies (SPCX) fell by 4.7% hours before market open, following a 3.6% decline from Thursday's session.Nvidia (NVDA) declined by 0.5% pre-bell, after an increase of nearly 3% from the previous session.Microsoft (MSFT) was 0.1% lower premarket, swinging from a 0.1% increase at Thursday's close.

$DTE$INTC$MSFT$MU$NVDA$SNDK$SPCX$TTWO
Wire

Top Midday Stories: US, Iran Seal Memorandum to Reopen Hormuz; Intel Gains After Trump Cites Apple Chip Partnership

All three major US stock indexes rose in midday trading Thursday as investors assessed the signing of the peace deal between the US and Iran and the potential for an interest-rate increase by the end of 2026 after the Federal Reserve's meeting.President Donald Trump and Iranian President Masoud Pezeshkian digitally signed a memorandum of understanding aiming to reopen the Strait of Hormuz, lift the US blockade of Iranian ports, and pursue a permanent peace deal to end the war. Amid criticism that Iran got the better end of the deal, Trump said in a post on Truth Social that people who thought he was not tough enough were "either jealous, bad people, or stupid."Intel (INTC) shares rose 8% after Trump said Apple (AAPL) has "agreed to work with Intel to design and build its Chips in America." In a Truth Social post, Trump cited Nvidia (NVDA) and Tesla's (TSLA) partnerships with Intel as examples of his success in bringing manufacturing back to the US.Apple's deal with Intel to design and build chips in the US may strengthen the iPhone maker's efforts to diversify its supply chain and secure domestic semiconductor capacity ahead of a multiyear AI-driven device cycle, Wedbush Securities said. Apple shares were little changed.Accenture (ACN) reported fiscal Q3 earnings of $3.80 per diluted share, up from $3.49 a year earlier and above the FactSet consensus analyst estimate of $3.69. Revenue rose to $18.7 billion from $17.7 billion, trailing the consensus of $18.8 billion. Full-year revenue is anticipated to increase by 3% to 4% in local currency for fiscal 2026, reflecting a lower top end versus the previous guidance for a 5% rise.Accenture also agreed to acquire a majority stake in Dragos and full ownership of runZero and NetRise in a deal with a combined enterprise value of about $4.18 billion. Accenture said the acquisitions significantly expand its position in the broader operational technology cybersecurity market. Accenture shares slumped 17%.Kroger (KR) reported fiscal Q1 adjusted earnings of $1.58 per diluted share, up from $1.49 a year earlier and narrowly missing the FactSet consensus of $1.59. Sales rose to $46.12 billion from $45.12 billion, trailing the consensus of $45.59 billion. Kroger shares fell 5.8%.Pfizer (PFE) said Chief Financial Officer Dave Denton will step down on Aug. 15 after accepting a position in the consumer-goods sector. The company named Cecile Guegan, currently senior vice president of finance for its global biopharmaceutical business, as interim CFO while it conducts a search for a permanent successor. Pfizer shares fell 3.2%.Price: $130.76, Change: $+9.66, Percent Change: +7.98%

$AAPL$ACN$INTC$KR$NVDA$PFE$TSLA
Wire

Market Chatter: Amazon in Discussions to Sell Custom AI Chips to Other Companies

Amazon.com (AMZN) is in discussions to sell its custom AI chips for use in other firms' data centers, expanding its efforts to challenge Nvidia's (NVDA) dominance in the AI chip market, Bloomberg reported Thursday, citing Amazon AI chief Peter DeSantis.DeSantis said Amazon has begun discussions with potential customers but declined to identify them. He added that the third version of Amazon's Trainium chip is "largely sold out" and dismissed concerns that selling the chips outside Amazon Web Services would hurt the company's cloud business, according to the report.CEO Andy Jassy said in April that it was "quite possible" Amazon would eventually sell its chips to third parties, the news outlet added.Amazon.com did not immediately respond 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: $242.20, Change: $+4.70, Percent Change: +1.98%

$AMZN$NVDA
Wire

Amazon in Talks to Sell Custom AI Chips to Other Companies, Bloomberg Reports

Amazon in Talks to Sell Custom AI Chips to Other Companies, Bloomberg Reports

$AMZN$NVDA

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