nvidia, meta and $46.7 billion Updates

Nvidia remains a central player in the AI landscape, evidenced by a 56% jump in revenue to $46.7 billion, despite challenges in China due to US restrictions. This growth is fueled by strong demand for AI technology, particularly its Hopper and upcoming Blackwell chips, which are attracting major companies like Walt Disney and Foxconn. Dan Loeb's Third Point fund has recognized Nvidia's leading position, shifting investments from TSMC into 2.8 million shares of Nvidia, making it a top holding. However, Nvidia's data center revenue saw a slight sequential dip of 1%, and its stock experienced a dip despite strong earnings, reflecting investor caution. Broader market trends show a pullback in AI stocks, impacting companies like Oracle and Marvell, even as some analysts recommend Meta Platforms and CrowdStrike as AI stocks to buy. Meanwhile, China's stock market is experiencing growth in the AI and semiconductor sectors, supported by the government's "AI Plus" plan. Other companies are also seeing developments in the AI space. Elastic reported a 20% revenue increase, driven by AI, with FY26 guidance raised to between $1.679 billion and $1.689 billion, though questions remain about AI's impact on revenue. SentinelOne's revenue reached $242.2 million, a 21.7% increase, driven by AI security solutions. Globally, countries are investing heavily in AI. Kazakhstan is allocating oil wealth into AI infrastructure, and Japan plans to invest $68 billion in India, focusing on semiconductors and AI.

Key Takeaways

• Nvidia's revenue increased by 56% to $46.7 billion, driven by AI demand, despite China challenges.
• Dan Loeb's Third Point fund shifted investments from TSMC to Nvidia, acquiring 2.8 million shares.
• Nvidia's Blackwell chips are attracting major companies like Walt Disney and Foxconn.
• China's stock market is growing in the AI and semiconductor sectors, supported by the "AI Plus" plan.
• Elastic's FY26 guidance is raised to $1.679 billion–$1.689 billion, driven by AI, but questions about AI's impact on revenue remain.
• SentinelOne's revenue reached $242.2 million, a 21.7% increase, driven by AI security solutions.
• Oracle and Marvell stocks are falling amid a pullback in AI stocks.
• Meta Platforms and CrowdStrike are recommended by analysts as AI stocks to buy.
• Kazakhstan is investing oil wealth into AI infrastructure.
• Japan plans to invest $68 billion in India, focusing on semiconductors and AI.

Nvidia's AI business is booming despite China challenges

Nvidia's latest report shows its revenue jumped 56% to $46.7 billion, driven by strong demand for AI technology. Net income also rose significantly. Even though sales in China are limited due to US restrictions, Nvidia is doing well. The company's future looks promising with its new Blackwell chips, which are more powerful and energy-efficient. Major companies like Walt Disney and Foxconn plan to use Blackwell.

Dan Loeb shifts Third Point investments from TSMC to Nvidia

Billionaire Dan Loeb's Third Point fund sold 29% of its shares in Taiwan Semiconductor Manufacturing (TSMC). Instead, Loeb invested heavily in Nvidia, making it one of his fund's top holdings. He bought 2.8 million shares of Nvidia because of its strong position in AI technology. Nvidia's Hopper and Blackwell chips are leading the way in AI, and its CUDA platform helps keep customers loyal.

Nvidia's AI business is booming despite China challenges

Nvidia's latest report shows its revenue jumped 56%, but data center revenue dropped 1% sequentially. The company didn't sell any H20 chips in China. However, Nvidia has a bright future with its next-generation Blackwell chips. Investors are used to seeing Wall Street react strongly to Nvidia's quarterly numbers, but this time they paused.

Dan Loeb shifts Third Point investments from TSMC to Nvidia

Billionaire Dan Loeb's Third Point fund sold some of its Taiwan Semiconductor Manufacturing (TSMC) stock. Loeb has been selling TSMC shares and taking profits. He's now focusing on Nvidia, a leader in artificial intelligence (AI). Loeb's fund has made Nvidia its third-largest holding. Nvidia's AI chips and technology are attracting a lot of investment.

Nvidia's AI business is booming despite China challenges

Nvidia's latest report shows its revenue jumped 56%, but data center revenue dropped 1% sequentially. The company didn't sell any H20 chips in China. However, Nvidia has a bright future with its next-generation Blackwell chips. Investors are used to seeing Wall Street react strongly to Nvidia's quarterly numbers, but this time they paused.

Dan Loeb shifts Third Point investments from TSMC to Nvidia

Billionaire Dan Loeb's Third Point fund sold some of its Taiwan Semiconductor Manufacturing (TSMC) stock. Loeb has been selling TSMC shares and taking profits. He's now focusing on Nvidia, a leader in artificial intelligence (AI). Loeb's fund has made Nvidia its third-largest holding. Nvidia's AI chips and technology are attracting a lot of investment.

China stocks boosted by AI and chip sector growth

Stocks in China are rising, especially in the artificial intelligence and semiconductor areas. The Shanghai Composite increased by 0.1% to above 3,800, and the Shenzhen Component rose 0.7% to 12,380. China's government is pushing for more AI use across different industries with its "AI Plus" plan. Companies like Cambricon Technologies, Eoptolink Technology, and Zhongji Innolight are seeing gains.

China stocks rally on AI and chip sector growth

Stocks in China are strongly increasing, especially in the artificial intelligence and semiconductor areas. The Shanghai Composite jumped 1.14% to 3,844, and the Shenzhen Component surged 2.25% to 12,571. China is encouraging AI use in technology and consumer areas with its “AI Plus” plan. Companies like Cambricon Technologies, Eoptolink Technology, and Zhongji Innolight are seeing big gains.

Elastic's earnings call reveals AI and cloud growth questions

Elastic's Q1 revenue grew by 20%, driven by AI and strong sales. The security business saw a 33% increase in new customers using AI. Elastic's FY26 guidance is raised to $1.679B–$1.689B. However, there are questions about how AI impacts revenue and cloud growth. Some analysts point out contradictions in the company's statements about AI's role and sales execution.

SentinelOne sees growth in AI security and platform expansion

SentinelOne's revenue met expectations at $242.2 million, a 21.7% increase. The company's profit was slightly above estimates at $0.04 per share. SentinelOne expects about $256 million in revenue next quarter. The company's growth is driven by AI security solutions and platform expansion. They also highlighted the success of their new Flex licensing model.

Oracle stock drops amid AI sector pullback

Oracle's stock is falling as the AI sector experiences a broad pullback. The hyperscaler is among the biggest losers in the S&P 500. Traders are stepping back from AI stocks, impacting companies like Marvell and Nvidia. Bank of America’s AI Infrastructure index is also down.

US stocks decline as AI stocks take a hit

US stocks are falling, with the S&P 500 ending August with its biggest daily decline since the start of the month. The Nasdaq 100 and Russell 2000 also dropped. Tech and consumer discretionary stocks performed the worst. Marvell Technology and Oracle fell due to a pullback in AI stocks. However, Alibaba rose after beating cloud and AI estimates.

Nvidia stock dips after earnings report key price levels to watch

Nvidia's stock fell even after the company reported better-than-expected revenue and profit. Sales in the data center segment were slightly below estimates. The outlook for the current quarter also disappointed some investors. Nvidia shares were down 1.5% at around $179 in midday trading. Key support levels to watch include $174, $159, and $150.

Wall Street picks Meta and CrowdStrike as AI stocks to buy

Meta Platforms and CrowdStrike have seen big gains in the last two years. Analysts predict they will continue to rise. Meta Platforms has a target price of $875 per share, while CrowdStrike has a target price of $490 per share. Meta is using AI to improve its ad business. CrowdStrike is a leader in endpoint protection and uses AI to detect cyber attacks.

AI stock warning some may crash while others soar

AI stocks are attracting global attention, but some may crash while others skyrocket. Weak business models and high valuations without proof are warning signs. Companies with real products, steady revenue growth, and big partnerships are more likely to succeed. Investor emotions also play a big role in AI stock prices. Smart investors should focus on the company's core business and leadership team.

Kazakhstan invests oil wealth in artificial intelligence

Kazakhstan is investing some of its national wealth into artificial intelligence infrastructure. The National Investment Corp. plans to invest in data centers and AI architecture. They plan to allocate capital into infrastructure funds that include investments in AI facilities. This move follows similar investments by Saudi Arabia, the UAE, and Qatar. State-run also has an initiative to support the local build out of local AI infrastructure with Nvidia.

Japan to invest $68 billion in India focusing on AI and chips

Japan and India have agreed to strengthen their economic and security ties. Japan plans to invest 10 trillion yen ($68 billion) in India over the next decade. The investment will focus on semiconductors and artificial intelligence. The two countries reached an agreement to deepen security cooperation.

Sources

• Nvidia's $46.7 Billion Quarter Shows the AI Trade Is Alive and Well -- With Caveats
• Billionaire Dan Loeb Sold 29% of Third Point's Stake in TSMC in Favor of Another Trillion-Dollar Artificial Intelligence (AI) Stock
• Nvidia's $46.7 Billion Quarter Shows the AI Trade Is Alive and Well -- With Caveats
• Billionaire Dan Loeb Sold 29% of Third Point's Stake in TSMC in Favor of Another Trillion-Dollar Artificial Intelligence (AI) Stock
• Nvidia's $46.7 Billion Quarter Shows the AI Trade Is Alive and Well -- With Caveats
• Billionaire Dan Loeb Sold 29% of Third Point's Stake in TSMC in Favor of Another Trillion-Dollar Artificial Intelligence (AI) Stock
• China Stocks Rise on AI, Chip Boost
• China Stocks Rally on AI, Chip Boost
• Elastic's Q1 2026 Earnings Call: Contradictions Emerge on AI Momentum, Cloud Growth, Sales Execution, and Public Sector Outlook
• S Q2 Deep Dive: Platform Expansion and AI Security Drive Broad-Based Growth
• Oracle tumbles in broad pullback for AI trade
• US stocks stumble as AI trade takes a hit
• Nvidia Stock Falls After Earnings Report: Critical Price Levels to Keep an Eye On
• Potential Stock Splits: 2 AI Stocks Up 160% and 190% in 2 Years to Buy Now, According to Wall Street
• AI Stocks Warning: Why Some Are Set to Crash While Others Skyrocket
• Artificial Intelligence Boom Lures Kazakhstan’s Oil Wealth
• Japan to invest $68bn in India with eye on semiconductors and AI