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Brunswick management to meet with KeyBanc

Brunswick management to meet with KeyBanc

Meeting to be held in Kansas City, MO on June 4 hosted by KeyBanc.
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Nvidia (NVDA) Maintains Market-Beating Pace as AI Boom Soothes Thorny Trade War
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Nvidia (NVDA) Maintains Market-Beating Pace as AI Boom Soothes Thorny Trade War

Nvidia's (NVDA) Q1 results landed like a bombshell last week, shattering expectations with $44.1 billion in revenue, marking a 69% surge year-over-year, driven by relentless demand for its AI and data center chips. From fueling Microsoft's (MSFT) AI workloads to posting record-breaking gaming sales, NVIDIA's dominance is staggering. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Even with a $4.5 billion hit from U.S. export restrictions on its China-bound H20 chips, the company didn't waver, posting numbers that still left Wall Street stunned. And yet, NVDA stock lingers near last year's levels, even as profits soar, making it a compelling bet for market-beating returns. NVIDIA's data center business has been the beating heart of its success, raking in $39.1 billion in Q1, up 73% from last year. NVIDIA is literally crafting the infrastructure for the AI era. On the earnings call, CEO Jensen Huang described the Blackwell NVL72 AI supercomputer as a 'thinking machine' now in full production, with Microsoft deploying tens of thousands of Blackwell GPUs to process 100 trillion AI tokens. I mean, that's the kind of scale that makes competitors sweat. From cloud giants like Amazon Web Services (AMZN) to sovereign AI projects in Saudi Arabia, NVIDIA's chips are the backbone of a global AI race. The wins keep piling up. Strategic moves, such as partnering with HUMAIN to build AI factories in Saudi Arabia, demonstrate NVIDIA's ambition to integrate its technology into every corner of the globe. Huang's vision of AI as critical infrastructure (like roads or power grids) does not exist in the realm of hype but is instead more like a blueprint for the future. With data center revenue making up 89% of Q1's haul, NVIDIA's grip on AI's plumbing is only getting stronger. While AI steals the spotlight, NVIDIA's gaming and networking segments are quietly flexing their muscles. Gaming revenue hit a record $3.8 billion, up 42% year-over-year, thanks to the GeForce RTX 50 series. And despite reports of some hardware glitches, NVIDIA's quick response with replacements kept gamers loyal, cementing its brand as the gold standard for high-performance graphics. Networking is another unsung hero, with Q1 revenue soaring 64% quarter-over-quarter to $5 billion. NVIDIA's Spectrum-X Ethernet solutions are becoming the go-to for data centers handling massive AI workloads. Think of it as building the highways for AI's data deluge. The company's ability to scale these complementary businesses demonstrates that it's not just a chipmaker, but a full-stack powerhouse with multiple growth engines firing simultaneously. You'd expect a $4.5 billion charge from U.S. export restrictions on NVIDIA's H20 chip for China to throw a wrench in the works, but NVIDIA barely flinched. The company still beat Wall Street's $43.3 billion revenue forecast, even with a $2.5 billion sales loss in China. CFO Colette Kress noted on the call that customer demand remains 'firm,' and NVIDIA's already exploring compliant chip designs to tap China's $50 billion AI market. Without the H2O hit, adjusted gross margins would have reached 71.3%, proving the core business remains a profit juggernaut. This resilience is almost surreal. Imagine taking a multi-billion-dollar punch and still delivering a knockout quarter. Huang's comments about China as a 'springboard to global success' signal that NVIDIA is not backing down, with active lobbying for export licenses to regain its footing. The fact that growth still smashed expectations despite this setback made NVIDIA's Q1 feel like a masterclass in navigating adversity. 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Progress Software announces Q2 release of Progress Telerik, Kendo UI
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Progress Software announces Q2 release of Progress Telerik, Kendo UI

Progress Software (PRGS) announced the Q2 2025 release of Progress Telerik and Progress Kendo UI, the most powerful .NET and JavaScript UI libraries for modern application development. This release introduces a number of groundbreaking AI capabilities that significantly accelerate development workflows, including AI Coding Assistants for Blazor and React, AI-driven theme generation and GenAI-powered reporting insights. Highlights of the Telerik and Kendo UI Q2 2025 release: AI Coding Assistants for Blazor and React: Empowers developers to automatically generate production-ready code in the Progress Telerik UI for Blazor and Progress KendoReact libraries directly inside all popular AI-powered IDEs, minimizing manual edits and significantly shortening development cycles. AI Theme Generation in Progress ThemeBuilder: Developers can leverage natural language prompts to create custom styles for Telerik and Kendo UI components, with real-time previews that streamline design-to-production workflows and uphold consistent branding. GenAI-Powered Reporting Insights: Integrated directly into Progress Telerik Reporting, these intelligent summaries and contextual insights eliminate the need for external tools, enabling faster, more informed decisions. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PRGS: Disclaimer & DisclosureReport an Issue Progress announces ShareFile integration with Microsoft 365 Progress Software Holds Annual Stockholders Meeting on May 8 Progress Software price target lowered to $70 from $75 at DA Davidson Sign in to access your portfolio

Verses Technologies welcomes IEEE final approval of Spatial Web strands
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Verses Technologies welcomes IEEE final approval of Spatial Web strands

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