Latest news with #Denny's
Yahoo
3 days ago
- Business
- Yahoo
Nvidia shares rise on strong Q1 earnings, despite export control headwinds
Tech giant Nvidia reported its first-quarter earnings on Wednesday, beating analysts' expectations, though it projected second-quarter sales below estimates amid tightening export controls to China that cover some of its AI chips. Nvidia, a leader in the artificial intelligence (AI) space, saw shares rise 3% in after-hours trading following the announcement. The earnings report showed that first-quarter net income was up 26% from a year ago at nearly $19 billion, with revenue rising to $44 billion, up 69% from last year. The company's revenue from data centers was $39 billion in the first quarter – up 10% from the previous quarter and 73% from last year. Nvidia is also building factories in the U.S. and working to produce AI supercomputers in the U.S. with its partners. "Our breakthrough Blackwell NVL72 AI supercomputer – a 'thinking machine' designed for reasoning – is now in full-scale production across system makers and cloud service providers," said Nvidia CEO Jensen Huang. Ai Chipmaker Nvidia To Invest Billions In Us Amid Trump Onshoring Push: Ceo "Global demand for Nvidia's AI infrastructure is incredibly strong. AI inference token generation has surged tenfold in just one year, and as AI agents become mainstream, the demand for AI computing will accelerate," he continued. Read On The Fox Business App "Countries around the world are recognizing AI as essential infrastructure – just like electricity and the internet – and Nvidia stands at the center of this profound transformation," Huang added. Nvidia's earnings release noted that on April 9, the company was informed by the U.S. government that it will require a license to export its H20 products to China, which caused the company to incur a charge of several billion dollars in the quarter. How Nvidia Became The King Chipmaker, From A Denny's To $2.3T Market Cap The U.S. has, in recent years, imposed increasingly stringent export controls on China that apply to the most advanced AI chips, as a means of denying a geopolitical adversary access to cutting-edge technology in a competitive sector of the economy. "As a result of these new requirements, Nvidia incurred a $4.5 billion charge in the first quarter of fiscal 2026 associated with H20 excess inventory and purchase obligations as the demand for H20 diminished," the company said. "Sales of H20 products were $4.6 billion for the first quarter of fiscal 2026 prior to the new export licensing requirements. Nvidia was unable to ship an additional $2.5 billion of H20 revenue in the first quarter." Nvidia added it expects to miss $8 billion in sales in the second quarter due to the export restrictions. Reuters contributed to this article source: Nvidia shares rise on strong Q1 earnings, despite export control headwinds Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
David Lynch Estate Auction Features Items From TWIN PEAKS, DUNE, and More
It's been several months now since we lost one of America's greatest filmmakers, David Lynch, at the age of 78. The world of film will never be the same without him. And soon, many of Lynch's personal items will go up for auction, which we've learned about via Gizmodo. For serious fans of Lynch's filmography like us, there are many items in this collection that we'd love to own. These gems are from his nearly 50-year career, with pieces from Mulholland Drive, Twin Peaks, Dune, and his first feature film, Eraserhead. You can check out some of the items from Julien's David Lynch auction, which goes live on June 18, below: Click To View Gallery Some of the items in the David Lynch estate auction include the menus from Winkie's, the Denny's stand-in with a terrifying being that lives behind it in Mulholland Drive. There's Lynch's personal 35mm print of Eraserhead, the film that put him on the map. And there's quite a bit from the world of Twin Peaks. Lynch's original script from the series, when it was called Northwest Passage, as well as Fire Walk With Me, are among the auction items as well. The framed photo of the atomic bomb test that was in Gordon Cole's office in Twin Peaks: The Return? It was also part of Lynch's personal collection. Which is fitting, since he played Gordon Cole in the series. One of the coolest items is Lynch's personal version of the red curtains and zigzag patterns, Twin Peaks' most iconic image. But the Holy Grail in this auction is Lynch's actual director's chair with his name on it. Whoever gets these, we honestly hope they donate them to a museum. There are 444 lots in this auction, and some of them are just common household items, like coffee makers. But if you're a diehard David Lynch fan, you'd probably want a Lynch-owned coffee maker more than almost any other item in this auction. To check out all the items yourself, head on over to the official Julien's Auctions site.
AU Financial Review
4 days ago
- Business
- AU Financial Review
Nvidia built its culture around 1 principle. And it saved the company
On a chilly, overcast day in February 1993, three men huddled around a booth in a Denny's restaurant in San Jose, California. It was Jensen Huang's 30th birthday. As he and his fellow co-founders, Chris Malachowsky and Curtis Priem, signed the founding documents for their new company, they ordered Super Bird sandwiches and bottomless coffee. They chose to call their new company Nvidia, after the Latin word for envy, and decided the corporate colours would be green. The trio of electrical engineers had every reason to be confident. Each had a stellar reputation within the electronics industry, and with $2 million in seed funding secured, they were primed for success. But the journey ahead would be far more treacherous than any of them anticipated.
Yahoo
19-05-2025
- Yahoo
As Palm Springs reels in wake of clinic bombing, authorities name suspect and say city is safe
Less than 24 hours after a bomb explosion laid waste to a Palm Springs fertility clinic, the resort town's police chief sought to restore calm while residents and visitors uneasily returned to their weekend routines. As of midday Sunday, several blocks in uptown Palm Springs remained closed, blocked off with barricades and police vehicles. Caution tape brightly punctuated the desert landscape, glowing neon yellow against the low-slung, dun-colored buildings and blue-gray San Jacinto mountains in the background. The area has vintage shops, restaurants and hip hotels, along with medical offices clustered around the local hospital, Desert Regional Medical Center — which sits across the street from American Reproductive Centers, a fertility clinic and in vitro fertilization lab. The bombing shattered the Saturday morning quiet here and caused destruction blocks away. In a section of Southern California just miles from the mighty San Andreas fault, many residents feared the "Big One" was nigh when the bomb detonated. But it was an intentional act of terrorism that caused extensive damage to American Reproductive Centers and the surrounding area. An office building two blocks from the blast had its windows blown out, as did a Denny's restaurant five blocks from the fertility center. The shaking radiated far and wide, with residents reportedly feeling it more than two miles away. "Yesterday, a man intent on harming others in our city failed. Palm Springs survived, and we are stronger and more resilient," Palm Springs Police Chief Andrew Mills said Sunday. Authorities named the suspect as Guy Edward Bartkus, a 25-year-old Twentynine Palms resident who is believed to have died in the blast. There were no other fatalities. Mills said there was "no continuing threat" to the community, underscoring that he was "absolutely confident" that the city was safe. Palm Springs is "a beacon and a safe haven for all," Mills said. He urged residents to upload photos to social media to "show the world" how "wonderful" and "special" the community still is. Read more: One dead after suspected bomb blast near reproductive health clinic in Palm Springs American Reproductive Centers is 'Coachella Valley's first and only full-service fertility center and IVF lab,' led by board-certified Dr. Maher A. Abdallah, according to its website. The explosion damaged the practice's office space, where it conducts consultations with patients, but left the IVF lab and the stored embryos there unharmed. The clinic has helped more than 2,000 families become parents and highlights its work with LGBTQ+ families, according to its website. Mills, the police chief, spoke directly to the "IVF community" during the Sunday news conference, saying "the city is in your court" and characterizing the embryos housed at the clinic as future community leaders. "This was a place of hope. This is a building people go to to start and expand families," Palm Springs Mayor Pro Tem Naomi Soto said of the clinic. "This is a building where hope lives." Vintage store Iconic Atomic is located just outside the police line along one of Palm Springs' main drags. 'Closed due to explosion,' read a sign affixed to the door, 'will reopen Sunday if safe.' Store manager Amanda Hall sat outside, soaking up the desert sun and light breeze. Hall said she was talking to customers and dressing a mannequin Saturday morning when it suddenly felt like a wave violently crashed into the shop. The impact knocked a shelf off the walls, and vintage Kentucky Derby glasses shattered onto the floor. 'The blast is like nothing I've ever heard in my life,' she said. 'I've never been so close to a terrorist attack.' The scene outside was chaotic, with alarms ringing and people running along Palm Canyon Drive, she said. But even in that moment, she was comforted by how the community responded in a city with a reputation for being warm, friendly and safe. 'The lovely thing was — if there can be a good thing in this — everybody was stopping to ask everybody if they were OK and they needed anything,' said Hall, who moved from North Hollywood to the Palm Springs area in 2021. 'That doesn't happen in Los Angeles.' Just on the other side of the police line, Palm Springs still felt like an idyllic weekend retreat. Below swaying palm trees, people walked small dogs and tooled around on cruiser bikes. A group of friends who had spent recent days in nearby Joshua Tree National Park stopped to get drinks at Ernest Coffee and were shocked to find themselves near the crime scene. 'Wild!' one of them said. To some Palm Springs residents, the fact that the attack targeted a fertility clinic was particularly offensive to the city's values. When he heard about the explosion, Christian Agnelli said his first thought about the suspect was, 'where were they from? Because they're not from Palm Springs.' He was on a walk with his neighbor Deanne Stalnaker, who added about their community: 'We're friendly, we're open, we respect everybody.' Adam Neal and Todd Danforth, two other Palm Springs residents, said they have many friends who have relied on fertility clinics to start families. They said it didn't feel as if the attack targeted LGBTQ+ people, but it certainly sent a message that rippled through the community in a town long known as a queer magnet. 'Lots of different families utilize these types of services, but LGBT families specifically have a higher need for it because we don't really have as many options as straight couples do,' Neal said. Times staff writers Jenny Jarvie, Nathan Solis, Richard Winton, Libor Jany and Paige St. John contributed to this report. Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. This story originally appeared in Los Angeles Times.
Yahoo
13-05-2025
- Business
- Yahoo
Everywhere You Can Treat Your Family to Free Food and Discounts on Mother's Day
Treat your mother, mother figure, loved ones or yourself to these Mother's Day deals! From free burgers to free delivery, a range of food brands are banding together to help make the holiday extra special. Denny's is helping people celebrate the mother figures in their lives with an extra special breakfast-in-bed offer. From May 9-11, customers can get $10 off $30 when ordering breakfast online or in the app with the code MOMDAY. Related: Everywhere Nurses Can Get Free Food and Discounts for National Nurse's Week "To make Mother's Day more finger lickin' good," KFC is offering free delivery on all digital orders on May 11. The chain announced the promotion alongside the return of its chicken & waffles, and their new menu item, strawberry creme pies. Panda Express debuted a limited-edition family meal, which feels 5 for $30 with the code THANKSMOM. They're also offering "a gift for Mom & a gift for you" — if you buy $30 or more in gift cards, you'll earn an extra $8 gift card. The promotion, valid through May 11, is only available via online purchase, and the $8 gift card will expire on July 31. Related: All the Restaurants Where Teachers Can Get Free Food on Teacher Appreciation Day Baskin Robbins introduced an ice cream cake with strawberry icing just in time for Mother's Day, and BR App users can get $5 off purchases of cakes $30 or more. Einstein Bros. Bagels is offering a Brunch Box for Mother's Day, which includes six fresh bagels, a tub of cream cheese, an egg sandwich, two bacon cheddar and egg sandwiches, four hashbrowns and four blueberry muffins. The bagel joint is also offering 20% off on e-gift cards, just in time for Mother's Day. Read the original article on People
