The Motley Foolยท2025-06-28 07:04Nvidia - Nvidia reported strong first-quarter financial results with sales rising 69% to $44 billion, driven by high demand for AI infrastructure solutions [4] - Non-GAAP earnings increased 33% to $0.81 per diluted share, with potential for faster growth if not for export restrictions [4] - The company is expected to maintain strong sales growth, with Wall Street anticipating adjusted earnings to grow at 40% annually through the fiscal year ending January 2027 [6] - Nvidia remains a significant holding for Philippe Laffont, constituting 4% of his portfolio as of March 31, despite a 15% reduction in his stake [7] CoreWeave - CoreWeave provides infrastructure and software services specifically designed for AI workloads, showing up to 20% better performance compared to other public clouds [8][10] - The company reported a remarkable first-quarter revenue increase of 420% to $981 million, with adjusted operating income rising 550% to $162 million [9] - CoreWeave's revenue backlog increased 63% to $26 billion, largely due to a new deal with OpenAI, and it serves major tech clients like IBM, Meta Platforms, Microsoft, and Nvidia [10] - Philippe Laffont acquired CoreWeave shares at approximately $40 each shortly after its IPO, and the stock has since quadrupled in value, trading at 29 times sales [11]