Core Insights - Nvidia's annual report for this year is significantly leaner, omitting key sections on climate change and diversity compared to last year's report [1][2] - The company reported strong fiscal year 2026 earnings, with revenue of $68.1 billion, a 73% year-over-year increase, and profits of approximately $43 billion, up 94% from the previous year [7] Sustainability and Governance - The 2025 section on "sustainability and governance," which previously included commitments to clean energy and emissions, is absent in this year's report [1] - Sustainability is mentioned only in the context of business sustainability and compliance with related laws [1] Human Capital and Diversity - The human capital section has been significantly reduced, with previous subheadings on compensation, benefits, and diversity omitted this year [2] - Diversity is mentioned only in a single line regarding employee feedback systems, with no detailed discussion on diversity initiatives [3][4] China Market Focus - The report highlights the impact of U.S. government chip export restrictions on China, stating that Nvidia cannot deliver competitive products to the Chinese data center market [5] - The company acknowledges that this situation allows competitors to build larger customer bases globally, which could adversely affect Nvidia's business [6] Financial Performance - Nvidia's fiscal year 2026 earnings exceeded expectations, driven by strong demand for AI data center products, resulting in a notable increase in both revenue and profits [7]

American Express Co., Deere & Co. and Johnson & Johnson have dropped diversity criteria for selecting new board directors, according to a conservative shareholder activist group.Goldman Sachs Group Inc. is considering a similar change, Bloomberg confirmed earlier this week. The moves are the latest ways that pressure from conservatives is changing corporate management and governance. American Express signed an agreement in October with the nonprofit National Legal and Policy Center, an activist shareholder ...

The board of Goldman Sachs recently updated its governance policy, removing formal DEI criteria from director selection. Other major banks, including JPMorgan Chase, Wells Fargo, and Morgan Stanley, have made similar adjustments. The headlines frame this as a retreat from diversity. A more important question is whether it creates space for a broader and more practical conversation about what kind of diversity boards actually need. The original premise of diversity initiatives grew out of mid-20th centu ...

Your home is your largest asset, but it's probably your worst-performing one.Excited to unpack what we're building at Horizon, and how we're helping homeowners deploy their equity into Bitcoin efficiently, and without adding a monthly bill.Sign up for the webinar! 👇Bitcoin Well (@bitcoinwell):Your house is a bank account you can’t easily withdraw from. And the equity trapped inside it is melting along with the fiat system.What if you could unlock that equity, buy Bitcoin, and hold your own keys, without tak ...

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AT&T sued by New York City pension funds for excluding diversity proposal | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The AT&T is displayed on the facade of one of its branches in Mexico City, Mexico September 10, 2025. REUTERS/Henry Romero [Purchase Licensing Rights, opens new tab]- Companies- Summary- AT&T not available for comment- AT&T stopped public diversity disclosures in 2024, funds say- Funds say AT&T cited new SEC pol ...

In her TEDx Talk, Julie Cafley challenges audiences to consider who holds the pen when public policies are written. Drawing from a powerful policy engagement, she shows how systems designed without lived experience shape who is safe, supported, and included at work, in cities, in healthcare, and in technology. Cafley reframes inclusion as a practical, life-shaping necessity and reminds us that silence is the oxygen of exclusion. She closes with six concrete actions that invite leaders and communities to emb ...

Group 1: Norwegian Cruise Line Holdings Ltd. (NCLH) - Elliott Investment Management has acquired a significant stake exceeding 10% in Norwegian Cruise Line Holdings Ltd. (NCLH), positioning itself as one of the largest shareholders and indicating a push for operational changes and board representation [2][9] - Elliott is collaborating with Adam Goldstein, the former Chief Operating Officer of Royal Caribbean, as a potential board nominee to influence management and address NCLH's recent underperformance compared to industry peers like Royal Caribbean [3][9] - Norwegian Cruise Line announced a long-term agreement with Fincantieri to construct three new ships for delivery between 2036 and 2037, aiming for disciplined fleet growth and leverage reduction [3] Group 2: US Consumer Landscape - The US consumer landscape is under significant pressure, with student loan serious delinquencies reaching a record 16.2% in Q4 2025, up from 14.3% in the previous quarter, indicating a sharp increase in financial distress among borrowers [4][9] - Total nominal household debt has risen to $18.8 trillion, with low-income borrowers and individuals aged 18-49 experiencing the most distress, which may negatively impact discretionary spending in the first half of 2026 [5] Group 3: Goldman Sachs Group Inc. (GS) - Goldman Sachs has decided to eliminate its formal board diversity policy, which mandated that companies it took public have at least two diverse directors, citing recent legal developments as the reason for this change [6][7] - Despite removing the formal mandate, Goldman executives stated that the policy had served its purpose as a catalyst for change and will continue to advocate for diverse perspectives through informal advisory channels [7] Group 4: Global Markets - Japanese 10-year government bond yields fell to 2.165%, the lowest level in over a month, following disappointing Q4 2025 GDP growth data of only 0.1%, which was below the expected 0.4% [8][9] - Global equity futures are trading lower, with S&P 500 E-mini contracts down 0.3% and Nasdaq futures down 0.6%, as investors express concerns over structural risks related to rapid artificial intelligence adoption [9][10]

Goldman Sachs plans to drop DEI from board-candidate criteria, WSJ reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Goldman Sachs logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Goldman Sachs Group Inc]Follow[Citigroup Inc]Follow[Morgan Stanley]FollowFeb 16 (Reuters) - Goldman Sachs [(GS.N), opens new tab] is preparing to eliminat ...

Race, sexual orientation, and other types of DEI factors will no longer be taken into account when the board's governance committee identifies new potential directors. ...