Wall Street Breakfast Podcast: Nvidia Bets Beyond China
Nvidia reported a significant revenue increase of 85% year-over-year, reaching $81.62 billion. The company also announced an $80 billion buyback and a substantial dividend hike. Meanwhile, SpaceX's IPO filing highlighted Starlink's financial performance and PepsiCo's plans for selective price increases on chips due to rising costs.
- ▪Nvidia's revenue surged to $81.62 billion, exceeding estimates.
- ▪The company announced an $80 billion buyback and a 2400% dividend increase.
- ▪SpaceX's S-1 filing revealed Starlink generated $11.4 billion in revenue.
- ▪PepsiCo plans to raise prices on single-serve chips after 15 years of stable pricing.
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