Core Insights - Nvidia and xAI are collaborating on a large data center in Saudi Arabia, with xAI being the first customer for the facility equipped with Nvidia chips [1][2] - The data center project is part of a broader partnership initiated in May, where Nvidia agreed to supply chips to Saudi Arabia's Humain, which is backed by the Saudi Public Investment Fund [2][3] - Nvidia's CEO Jensen Huang emphasized the significance of "sovereign AI," indicating a growing need for nations to establish their own AI data centers for national security and cultural preservation [3] Company Developments - Humain, launched earlier this year, will utilize approximately 600,000 Nvidia graphics processing units (GPUs) and is expected to require 500 megawatts of power [2][3] - Advanced Micro Devices (AMD) and Qualcomm will also supply chips and AI systems to Humain, with AMD's chips projected to require up to 1 gigawatt of power by 2030 [6] - Qualcomm will provide its new data center chips, the AI200 and AI250, with a deployment of 200 megawatts planned for Humain [7] Market Implications - The data center represents a significant opportunity for Nvidia to expand its market beyond traditional hyperscalers, tapping into the emerging demand for AI infrastructure [3] - The collaboration highlights the increasing importance of AI technology in national strategies, as countries seek to secure their technological capabilities [3][4]

Nov 19, 2025 4:35 PM Eastern Standard Time Share Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date | EDF | $0.06 | December 11, 2025 | December 30, 2025 | | --- | --- | --- | --- | | EDF | $0.06 | January 12, 2026 | January 29, 2026 | | EDF | $0.06 | February 12, 2026 | Februar ...

Core Insights - Cerence, Inc. reported fourth-quarter earnings that exceeded both revenue and earnings estimates, leading to a significant increase in stock price [1][2] - The company raised its first-quarter revenue guidance substantially above analyst expectations [4] Financial Performance - Cerence reported a quarterly loss of $0.24 per share, outperforming the analyst estimate of a loss of $0.45 [2] - Quarterly revenue was $60.63 million, surpassing the consensus estimate of $55.25 million [2] Future Outlook - The company anticipates first-quarter revenue between $110 million and $120 million, significantly higher than the analyst estimate of $61.46 million [4] - However, Cerence lowered its fiscal 2026 revenue outlook to a range of $300 million to $320 million, compared to the previous estimate of $246.38 million [5] Stock Performance - Following the earnings report, Cerence's stock price increased by 28.66%, reaching $10.19 in extended trading [5]

SAN FRANCISCO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- On November 17, 2025, James Hardie Industries plc (NYSE: JHX) announced the departure of its CFO (Rachel Wilson) who was immediately replaced by outsider Ryan Lada. This development follows the 34% August 20, 2025 collapse in James Hardie’s share price and the class-action lawsuit filed against it and certain of its executives, alleging Defendants committed securities fraud by misleading investors about inventory levels and customer demand in its crucial Nort ...

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Nov 19, 2025 4:33 PM Eastern Standard Time Five9 Announces Winners of the 2025 New Era of CX Awards at CX Summit Nashville Share Awards celebrate innovative companies redefining customer experience and AI in business NASHVILLE, Tenn.--(BUSINESS WIRE)--Five9 CX Summit – Five9 (Nasdaq: FIVN), provider of the Intelligent CX Platform, today announced the winners of the 2025 New Era of CX Awards during Five9 CX Summit 2025. The awards recognize organizations and partners who are redefining what's possible in cus ...

Question-and-Answer SessionWe'll kick off with the #1 question that we are getting across our coverage universe. It's all about GenAI. GenAI, GenAI, GenAI. So GenAI first from the top line, how do you think about -- one of the concerns is disintermediation risk. So can you talk about how proprietary is your data? How deeply embedded are you in your client workflows? And if you can go through all your segments, like all 3 of them at a very high level, talk about why is -- how do you think about GenAI, but al ...

No fluff, no daily panic writing just to stay in your in-box. I seek overlooked choices when real opportunity knocks. If this appeals to you, welcome to our elite community.I'm Joseph Shaefer, analyst and author. I devoted 36 years to military service and am a former professor of Global Security. I also started, then sold my investment business to, and became a senior executive at Charles Schwab. I am now retired and doing what I like best -- helping others invest wisely.Every time it looks as if the war in ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through that closing bell. It's a global simulcast Carol Massar Tim Stenovec join.They join us now as they do every day at this time. Welcome to our audiences across all of our Bloomberg platforms, Television, radio, our partnership with YouTube. As he passed the most crucial moments of the day and more importantly, put your head to earnings from a video.Yeah, I'm looking at Nvidia. I've ...

Core Insights - Yann LeCun, a prominent figure in AI, is leaving Meta to establish a startup focused on world models that analyze information beyond web data [1][2] - The startup aims to advance AI systems that understand the physical world, possess persistent memory, and can reason and plan complex actions [2] - Meta will collaborate with LeCun's startup, indicating a continued partnership despite his departure [2] Company Developments - Meta's AI unit has undergone significant restructuring following the underwhelming reception of its Llama open-source large language model [3] - CEO Mark Zuckerberg has invested billions to attract top AI talent, including a $14.5 billion investment in Scale AI [3][8] - Recent layoffs at Meta, including 600 employees from the Superintelligence Labs division, have contributed to LeCun's decision to leave [9] Industry Context - LeCun's research has diverged from the current direction of Meta and other tech companies, which focus on foundation models and large language models [6][7] - The need for new computing architectures to achieve artificial general intelligence has been emphasized by LeCun and other deep-learning experts [7] - The competitive landscape in AI is intensifying, with companies like OpenAI and Google adopting different strategies compared to LeCun's open-source advocacy [11]