May 22 Update

Nvidia earnings were historic.

Revenues up 85% YOY.  Nvidia does over $250 billion of annual sales. 

Fastest growth in past 5 years. 

2nd quarter guidance if for continued growth – 95% YOY. 

$80 billion stock buyback. 

Dividend increase from $0.01 to $0.25. 

SpaceX IPO filing is out. 

Summary from Axios

$4.9 billion loss on $18.6 billion of revenues.

Starlink is the only profitable sector

Anthropic has agreed to pay SpaceX $1.25 billion per month for services. 

Symbol = SPCX. 

Open AI & Anthropic on deck – IPO’s probably after Labor Day.