Which company became the first to achieve a $5 trillion valuation?Place your bets in the latest edition of Pointed, Bloomberg’s weekly news quiz for risk-takers ⤵️ https://t.co/QhHomkaUpv ...

OpenAI is preparing to file for an initial public offering as soon as next year that could give it a market cap of $1 trillion. That's according to Reuters. An OpenAI spokesperson didn't return my request for comment on this one.I want to put some context on this though. Uh Open Eye is the world's most valuable private company. As you can see, courtesy of Yahoo Finance's private markets data.While $1 trillion would be a huge valuation, keep in mind video on Wednesday eclipsed a $5 trillion market cap for th ...

Valuation - Navan's first day trading valuation reached approximately $4.7 billion [1] - The valuation is about 50% of its last private valuation of $9.2 billion [1]

Overall, there's not a lot to pick at in terms of the quarter guy, but when Tim Cook is smiling talking about the results, I know that it irks you to go to you and ask. >> I'm smoking ear to ear, baby. Smiling ear to ear.>> If you wanted to to say, "Hey, but wait." >> I'll give you a few. Hey, but waits. >> Now, people will say the numbers are astronomical.We'd never dismiss the numbers. They are $102 billion, record quarter in revenue. Absolutely.If you look at their services now, 27% of overall revenue, t ...

Core Insights - The company reported a record revenue of $102 billion for the quarter, indicating strong financial performance [1] - Services now account for 27% of overall revenue, showcasing tremendous growth with 76% margins [2] - Despite impressive numbers, concerns arise regarding the high valuation at nearly 34 times next year's earnings, given the growth rates in revenue and earnings are in the high single to low double digits [3] Financial Performance - The stock has increased by 30% leading up to the earnings report, reaching a 52-week high [4] - Hardware sales, particularly iPhone sales, have not returned to double-digit growth, which is a concern for future performance [4][7] - China sales were reported as a miss, raising concerns about future growth in that market [8] Capital Expenditure and Valuation - The company's capital expenditure (capex) has been relatively low compared to mega-cap peers, which could be seen as a risk for future infrastructure needs [5] - The lack of significant capex spending is viewed positively in comparison to competitors like Meta, which is increasing its capex without clear monetization plans [9][10] - The valuation remains a critical issue, with the company facing scrutiny over its high price-to-earnings ratio despite solid performance [6][9] Market Position and Trends - The company has been lagging in relative performance compared to its sector since 2022 but is now showing signs of recovery [11] - The stock has recently broken above its pre-tariff sell-off high, indicating potential for higher prices moving forward [12]

In this issue of Forbes Daily:- Nvidia became the first company to surpass a $5 trillion valuation- How the government shutdown is about to hit home for millions more- What to know about Trump's meeting with Xi JinpingRead more: https://t.co/Y4hFPd46sc ...

top and bottom line estimates. The conference call kicks off later to this hour. For more, let's bring in CNBC's Steve Kovac.Steve, >> yeah, on the surface here, you got beats across the board, Melissa, but you see the stock still down. EPS was a beat, revenue was a beat, and even Azure cloud growth was a big beat here, 40% compared to the 38.2% expected. But it's really unclear what's dragging the stock lower.Intelligent Cloud only beat by a tiny bit. Perhaps also a runup of the shares into earnings. They ...

Today saw Nvidia become the first company in history to reach a valuation of $5 trillion. Tech gains in the US shine a light on the UK economy, especially in the Budget lead up. Get The Readout with @AllegraStratton https://t.co/w0fCsnPWyj ...

In a few years' time, we'll be looking back at this period as the greatest opportunity of a generation with the current valuations of all those #Altcoin projects.Even #Bitcoin will be called cheap at $110K. ...

Core Insights - Warren Buffett, known as the Oracle of Omaha, has consistently outperformed the S&P 500 over the past six decades, with Berkshire Hathaway achieving an aggregate return of over 5,960,000% compared to the S&P 500's 45,100% [2][3] - Buffett plans to retire at the end of 2025, passing leadership to Greg Abel, who will manage a portfolio valued at over $310 billion [3][5] - Despite a challenging market, Buffett continues to invest in Sirius XM Holdings, a legal monopoly in satellite radio, reflecting his investment strategy focused on companies with competitive advantages [5][13] Investment Strategy - Buffett adheres to specific investment principles, including a preference for long-term investments, businesses with competitive advantages, strong management, and robust capital-return programs [6] - The "Buffett Indicator," a market-cap-to-GDP ratio, recently reached an all-time high of 223%, indicating a historically expensive stock market, which has led Buffett to sell more stocks than he buys over the past 11 quarters, totaling $177.4 billion [8][9] - Sirius XM has been a consistent investment for Buffett, with Berkshire Hathaway acquiring over 128 million shares, representing more than 37% of the company's outstanding shares [12][13] Sirius XM Holdings Overview - Sirius XM is the only licensed satellite-radio operator, providing it with unique pricing power compared to traditional radio providers [14][15] - The company's revenue mix is favorable, with approximately 77% of net revenue coming from subscriptions, making it more resilient during economic downturns compared to ad-driven competitors [17] - Sirius XM offers a capital-return program that includes modest share buybacks and a dividend yield of 5%, enhancing its attractiveness as an investment [18] Valuation Metrics - Sirius XM's stock has a forward price-to-earnings (P/E) ratio of 7, which is a 45% discount compared to its five-year average of 12.8, indicating a historically inexpensive valuation [19]