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Nvidia Beats Q2 Targets, Stock Falls Despite $96.2B Revenue on August 26
Nvidia reported Q2 revenue of $96.2B, beating estimates of $92.3B, and raised Q3 guidance to $105.8B-$110.1B. Data Center revenue jumped 117% to $89B. Stock fell 1.6% despite the beat.
Nvidia Beats Q2 Forecasts With $96.2B Revenue, Guides 70% Growth
Nvidia beats Q2 earnings with $96.2B revenue and $2.22 EPS. CEO Huang forecasts 70% fiscal 2028 growth and reveals major Amazon GPU contract. Stock rises 4% after initial decline.
Trump-Backed Mazzei Wins Oklahoma GOP Governor Primary by 2,020 Votes
Trump-backed Mike Mazzei wins Oklahoma’s GOP governor primary runoff by 2,020 votes over Attorney General Gentner Drummond. Mazzei will face Democrat Cyndi Munson in November.
KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.
Disney’s Avengers Endgame Encore Hits UK Cinemas September 25 With Doomsday Sneak Peek
Avengers Endgame: Encore re-releases 25 September with 4 minutes of new content and Doomsday preview. Tickets now on sale for IMAX and Infinity Vision screens across UK cinemas.
US Threatens Iran’s Trading Partners With Sanctions as Treasury Tightens Economic Grip
Trump administration threatens secondary sanctions on Iran’s trading partners including China, Turkey, and UAE. Treasury Secretary Bessent warns countries to cut ties with Tehran or face US penalties.
South Korea’s KOSPI Rebounds 0.97% on Chip Gains Ahead of Nvidia Earnings
South Korea’s KOSPI climbs 0.97% to 6,808.21 on August 26 as chip stocks rally ahead of Nvidia earnings. The index is recovering from a 40% crash that wiped out $2.5 trillion in value over six weeks.
US Core PCE Holds at 3.3% in July, Dollar Edges Higher on Inflation Data
US core PCE inflation held steady at 3.3% in July 2026, matching expectations but staying well above the Fed’s 2% goal. The dollar rose slightly as markets await Jackson Hole guidance.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Childcare provider Edge Early Learning enters voluntary administration with 70 centres at risk. KordaMentha appointed as administrators. Arena REIT holds $4 million in guarantees over 31 leased properties.