Company Developments - Meta Platforms and Nvidia have entered a multi-year agreement for Meta to deploy millions of Nvidia's AI chips, boosting Nvidia's position in AI hardware as Meta expands its data center capabilities [1][2] - Nvidia's shares increased by 1.6% following the announcement, while Meta's shares rose by 0.6% [2] - Amazon's stock rose by 1.8% after it was reported that Bill Aman's Pershing Square increased its stake in Amazon by 65% in the fourth quarter, making it the fund's third-largest position [3] Regulatory Updates - The FDA has reversed its initial refusal and agreed to review Moderna's application for its first mRNA-based seasonal flu shot, which is now expected to receive a final regulatory decision by August 5th [4][5] - Moderna's stock climbed approximately 6% on the news, with the company aiming to have the vaccine ready for the 2026-2027 flu season [6] Economic Indicators - Walmart is set to report earnings, with analysts expecting a revenue growth of about 5.6% year-over-year to $190.6 billion, an improvement from the previous year's 4.1% increase [9][10] - Earnings per share are anticipated to be around $0.73, and Walmart has only missed Wall Street revenue estimates once in the past two years [10] - Jobless claims data will be released, which is expected to provide insights into the stability of the job market following strong jobs data from the previous week [12][13] - The trade balance for November is projected at $56.8 billion, which will influence GDP estimates [14]

Billionaire investor Stanley Druckenmiller’s Duquesne Family Office had initiated a position in social media giant Meta Platforms (META) in the third quarter of 2025, buying 76,000 shares of the Facebook operator. However, Druckenmiller has ditched Meta, according to the latest 13F filing, shedding approximately 76,000 shares. Meta has faced rising questions about its rising capital expenditures related to artificial intelligence (AI). The company expects its capex to nearly double this year, compared to ...

Market Performance - The U.S. stock market experienced a slight increase, primarily driven by Nvidia, which is a significant player in the market [1] - The S&P 500 rose by 0.6%, closing at 6,881.31, while the Dow Jones Industrial Average increased by 0.3% to 49,662.66, and the Nasdaq composite gained 0.8% to 22,753.63 [2] - For the week, the S&P 500 has seen an increase of 0.7%, reflecting a rise of 45.14 points [2] Year-to-Date Performance - Year-to-date, the S&P 500 is up 0.5%, with an increase of 35.81 points [3] - The Dow has risen by 3.3%, amounting to an increase of 1,599.37 points [3] - The Nasdaq has decreased by 2.1%, down 488.36 points, while the Russell 2000 index has increased by 7.1%, up 176.70 points [3] Influential Factors - Nvidia's influence on the market was highlighted after Meta Platforms announced a deal to utilize millions of Nvidia's chips in AI data centers, contributing to the market's upward movement [1]

Nvidia Wins Meta Deal. Its Gain Is Broadcom's Loss. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Nvidia Wins Meta Deal. Its Gain Is Broadcom's Loss.By [Adam Clark]and [Mackenzie Tatananni]ShareResize---ReprintsIn this article[META][NVDA] ...

Group 1: Meta and NVIDIA Partnership - Meta has agreed to deploy millions of NVIDIA processors over the next few years, marking a significant commitment to NVIDIA as a key supplier [3][5][6] - This partnership includes not only GPUs but also later generation CPUs and networking products, indicating a broader collaboration [3][4] - Meta is currently NVIDIA's second-largest customer, contributing approximately 9% of NVIDIA's revenue, while Microsoft remains the top customer [8] Group 2: Market Reactions and Economic Context - The NASDAQ index has rebounded over 1% due to strong positive economic data, with movements in chip stocks being a primary driver [2][3] - NVIDIA's stock rose nearly 3% following the announcement of the deal with Meta, while Meta's stock saw a modest increase [3] - Morgan Stanley highlights that the recent selloff in software and services was largely indiscriminate, despite strong fundamentals in some companies [10][12] Group 3: AI Investment Cycle - Analysts predict a $10 trillion capital expenditure investment cycle driven by AI technology, which is expected to enhance productivity across various sectors [11][12] - Companies that adopt AI are experiencing margin expansion that is double that of the MSCI World Index and the S&P 500 [17] - The current rate of change in productivity is highest in non-tech sectors, indicating a broadening of AI adoption beyond traditional technology companies [16][18] Group 4: Autodesk's Strategic Investment - Autodesk has made a strategic investment of $200 million in AI research firm World Labs, marking its largest startup investment to date [25][26] - The partnership aims to leverage World Labs' technology to enhance Autodesk's capabilities in industrial manufacturing and design [24][30] - Autodesk's CEO emphasizes the importance of AI in addressing capacity challenges in the manufacturing sector [30][71] Group 5: Social Media Addiction Trial - Meta's CEO Mark Zuckerberg is set to testify in a trial regarding allegations that the company's products are designed to addict young users, drawing comparisons to the tobacco industry's accountability issues [73][74] - The trial is significant as it may reveal internal research that suggests Meta was aware of the addictive nature of its products but did not disclose this information [76][80] - Advocacy groups are hopeful that the trial will lead to lasting policy changes regarding the regulation of social media platforms [84]

Core Viewpoint - The ongoing legal and regulatory challenges facing social media companies, particularly regarding Section 230, may not lead to significant changes in their business models unless there is substantial federal intervention [3][4]. Group 1: Impact on Social Media Companies - The tragic nature of cases related to social media's impact on individuals raises questions about potential changes in company operations and societal effects, but skepticism remains regarding actual changes [2][3]. - Social media companies have historically managed to absorb fines and penalties without significant impact on their profitability, indicating strong business models that may not be easily disrupted [4]. - Countries like Spain are attempting to impose restrictions on social media usage for children, reflecting a growing trend of regulatory scrutiny beyond the United States [4][5]. Group 2: Global Regulatory Landscape - The U.S. may face challenges in maintaining its influence over global digital markets as other countries, including those in the EU and Latin America, begin to establish their own regulations that could hinder the monetization efforts of major tech platforms [6]. - Snap has reported slower user growth due to regulatory actions in various markets, highlighting the potential for international regulations to affect user engagement and platform viability [6].

Core Insights - Meta Platforms' commitment to invest billions in Nvidia chips is a significant boost for Nvidia, which has seen its stock performance decline recently due to competition and shifting investor focus towards memory and storage chips [1] - Nvidia's stock has gained just over 1% in 2026, underperforming compared to other semiconductor stocks like Sandisk, Western Digital, and Micron, which have seen substantial increases [1] - The competitive landscape has shifted with Google's AI advancements, particularly its Gemini 3 model, raising concerns about Nvidia's market position [1] Investment Implications - Meta's investment in Nvidia highlights the importance of Nvidia's technology in the AI sector, potentially changing the narrative around Nvidia's stock performance [1] - The rising prices of memory chips and storage devices could impact Nvidia's GPU demand if customers allocate budgets elsewhere [1] - Meta's decision to also deploy Nvidia's CPUs alongside GPUs indicates a broader reliance on Nvidia's technology, reinforcing its value proposition in the market [1] Market Dynamics - The semiconductor market has seen a shift in focus from GPUs to memory and storage technologies, which are crucial for AI applications, leading to a supply shortage and price increases in these areas [1] - Nvidia's performance has lagged behind competitors like Google and the iShares Semiconductor ETF since mid-November, indicating a potential market misjudgment regarding Nvidia's fundamentals [1] - Meta's ongoing partnership with Broadcom for custom chips suggests that while it is investing in Nvidia, it is not completely abandoning alternative technologies [1]

Core Viewpoint - Nvidia Corporation (NVDA) has shown limited growth, with a 2.4% increase since late November, underperforming compared to the S&P 500 index [1] Company Summary - The stock has been consolidating, indicating a period of stability or lack of significant movement in its price [1] - The company operates within the technology sector, particularly focusing on the TMT (Technology, Media, and Telecommunications) landscape [1] Market Context - The broader market, represented by the S&P 500, has outperformed Nvidia during the same period, suggesting potential challenges for the company in gaining momentum [1]

Meta's chief executive said users spent a lot of time on the app because of its value, as he was grilled about child safety issues in front of a jury. ...

英伟达与Meta Platforms扩大合作伙伴关系，对英特尔来说可能不是个好兆头。 英伟达周二宣布，将在Meta Platforms的数据中心部署更多其基于Arm的Grace中央处理器，这家芯片制 造商称之为"首次大规模仅采用英伟达Grace的部署"。这些CPU用于运行应用程序和智能体等任务。 研究公司Radio Free Mobile的创始人理查德·温莎认为，此次扩大合作是"数据中心向Arm迁移的步伐正 在加快的迹象"。他在周三的一份报告中表示，对于x86 CPU架构与Arm同名架构相竞争的英特尔而言， 这一动向"是糟糕的消息"。他在这份报告中称该交易是"英特尔杀手"。 温莎说，英特尔长期以来一直主导著服务器芯片市场，而基于Arm的芯片"常常举步维艰"，因为它们与 数据中心的传统软件系统不兼容。温莎指出，从英伟达与Meta的交易来看，这种情况很可能已成为过 去。 以图形处理器闻名的英伟达在为数据中心力推完整产品体系的过程中，其CPU业务也获得了发展动力。 服务器芯片市场总体上已重现增长势头，因为CPU对数据中心的运行至关重要。 英伟达表示，其CPU为Meta的数据中心提供了更高的每瓦性能。温莎指出，随著人 ...