Jensen Huang Passes Mark Zuckerberg, Larry Ellison: Here’s How Much Nvidia CEO is Worth
Jensen Huang adds to his net worth on Thursday with Nvidia stock soaring 8.7% on the day.
Read original at benzingaStocks · News reference
SpaceXAI Expands Grok Infrastructure With NVIDIA Vera Rubin, Plans AI-Powered Starmind Satellite
SpaceXAI will deploy NVIDIA Vera CPUs to accelerate the work behind its next generation of agentic AI workloads.SpaceXAI is expanding its AI infrastructure for Grok with the NVIDIA Vera Rubin platform as it scales
Reference details
Connected markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Aug 24, 2026, 3:01 PM
- Checked
- Aug 24, 2026, 3:01 PM
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related headlines
NVIDIA Earnings Wrap Up Strong Mag 7 Reporting Cycle
NVIDIA capped off the Magnificent Seven earnings cycle with impressive Q2 results, posting 106% revenue growth to $96.2 billion and 120% EPS growth. Data Center revenue surged 117% year-over-year to $89.0 billion, driven by accelerating AI demand. Apple and Microsoft also delivered strong results, with Apple posting record June-quarter revenue of $109.4 billion (16% YoY growth) and Microsoft showing 18% sales growth with Azure's Intelligent Cloud revenue up 32% YoY, demonstrating the health of the AI investment boom.
Read original at zacks-investment-researchNVIDIA Announces Upcoming Event for Financial Community
NVIDIA reported record Q2 FY2027 revenue of $96.2 billion (up 106% YoY) with Data Center revenue reaching $89.0 billion (up 117% YoY). The company also announced a major expansion with AWS to deliver 2 million additional GPUs and next-generation infrastructure for agentic and physical AI applications.
Read original at globenewswire-incShould SpaceX Join the "Magnificent Seven"? Here's 1 Stock I'd Kick Out to Make Room.
An analyst argues that SpaceX should potentially replace Meta Platforms in the "Magnificent Seven" tech group. While SpaceX offers unique businesses in satellite internet (Starlink) and space transportation that aren't represented in the current group, Meta lacks tangible results from its AI initiatives despite significant investments. The analyst recommends keeping Tesla, Apple, Alphabet, Amazon, Microsoft, and Nvidia in the group.
Read original at the-motley-foolUp Nearly 30% in August, Is SpaceX Stock Still a Buy?
SpaceX stock surged nearly 30% in August following strong Q2 results with 92% revenue growth, driven primarily by AI and Starlink connectivity businesses. However, the analyst remains skeptical due to the expensive 41x sales valuation, with too much growth already priced in. The first post-IPO insider lockup period ended without significant market impact.
Read original at the-motley-foolArcher Aviation vs. Space Exploration Technologies: Which High Flying Stock Is a Better Buy in 2026?
Archer Aviation and SpaceX represent two different aerospace plays with vastly different maturity levels. Archer is pre-commercial with $300K revenue and $618M losses, pursuing FAA certification for eVTOL aircraft. SpaceX generates $18.7B in revenue but reported a $5B net loss in FY2025 due to massive capital requirements. The article concludes SpaceX is the wiser long-term choice despite both companies' negative cash flows, citing SpaceX's established Starlink business and market support versus Archer's high valuation multiples and regulatory uncertainties.
Read original at the-motley-fool