2nd Largest Company end of September?

Meta Platforms $META is back to having a larger market cap than SpaceX $SPCX

Nasdaq just put SpaceX stock investors on notice. • SpaceX stock could attract significant passive demand after its Nasdaq-100 weighting more than doubled during the latest rebalance.

SpaceX's weighting in the Nasdaq 100 index will increase, which is expected to bring a large influx of fund buying.

Why SpaceX Could See $15.5 Billion in Forced Buying From the Nasdaq-100 Rebalance. • SpaceX Set for $15.5 Billion Nasdaq-100 Demand Surge SpaceX shares, trading under the ticker SPCX, have remained relatively rang

SpaceX $SPCX is back to being valued at more than $2 Trillion

SpaceX stock has been stuck in a narrow trading range recently, but a fresh wave of buying could arrive soon when the Nasdaq 100 makes its component weight adjustments later this month. The key factor is the combination of a little-discussed rule in the construction of this benchmark index and a series of progressively longer blackouts for Elon Musk's company shareholders, which have limited the number of shares available for trading. Nasdaq determines a company's weight in the index based on a market capitalization calculation, taking into account either its total outstanding shares or three times its free float, whichever is lower. This means that a stock with a low free float, which excludes insider-held shares or those subject to trading restrictions, will not have its full market capitalization used in calculating its weight. For SpaceX, which has a relatively small free float due to the blackout restrictions, this leaves it with a weight of 1/2 SpaceX's weighting in the Nasdaq 100 is 1.25%, making it the 19th largest company by market capitalization, though it ranks sixth in the index with over $2 trillion. This weighting is expected to increase following the upcoming index rebalancing, scheduled to be announced Friday after the market closes and take effect on September 21. This is partly due to the fact that restrictions on more than 1 billion shares have now been lifted, raising the free float to nearly 30% of SpaceX's outstanding shares, up from less than 10% immediately after its initial public offering. The company's free float could reach 2.25% after the rebalancing, which would require index funds and ETFs to purchase $15.5 billion worth of shares, according to JPMorgan estimates. Nasdaq data indicates that approximately $1.7 trillion A dollar's worth of assets tracked the Nasdaq 100 index through the end of the second quarter, according to Bloomberg. #Arabic_Business

Nvidia $NVDA is now back to being worth ~$1 Trillion more than any other company in the world

Broadcom's revenue for Q3 of fiscal year 2026 was $29.591 billion, representing an 86% year-over-year increase.

SpaceX Stock Is Rising And Wall Street Has A Lot Riding On It. • SpaceX stock is rising as Wall Street turns bullish. Jim Osman examines analyst targets, IPO incentives and the changing ownership behind the rally.

Nvidia stock: The world's most valuable company is growing much faster than expected.

NVIDIA (NVDA) F2Q27 Earnings Highlights F2Q Results Slightly Exceed Expectations - Revenue: USD 96.2 billion (+18% QoQ, +106% YoY), GF Securities 94.5 billion, Bloomberg Securities 92.3 billion, Buy-Side Advisors 94.6 billion - Data Center Revenue: USD 89 billion - Gross Margin: 75%, GF Securities 75.1%, Bloomberg Securities 75% - EPS: $2.22, GF Securities $2.15, Bloomberg Securities $2.09, Buy-Side Advisors $2.18 F3Q Revenue Guidance Fully In Line with Us but Slightly Above Market Expectations, GM Slightly Below Expectations - Revenue Guidance: USD 108±2% billion, GF Securities 108 billion, Bloomberg Securities 104 billion, Buy-Side Advisors 109 billion - Gross margin guidance: 73.5-74.5% (official guidance: 74.0% ±50bps), GF Securities 75.1%, Bloomberg 74.8% - Vera Rubin has shipped, F3Q is expected to contribute approximately 20% of DC revenue - Storage costs exceeded expectations, F4Q gross margin guidance is 71-72%, rebounding to FY28 72-73% following the price increase in F1Q28 - Full-year OPEX growth is low-50s FY28 revenue guidance exceeded expectations - FY28 revenue is expected to increase by 70% YoY - 70% growth is due to supply constraints, customer-forecasted demand is 100% growth Data Center - Hyperscale F2Q revenue $49 billion (+13% QoQ), F4Q and FY28 will see renewed acceleration - AWS Expanded collaborations, adding 2 million GPUs to F2Q29 - ACI&E F2Q revenue of $40 billion (+25% QoQ), driven by Neoclouds capacity expansion (expected 8GW by the end of 2026) - Sovereign AI F2Q revenue +35% QoQ, achieved through Regional NeoCloud CPU - Vera CPUs are now in full production, shipping to OCI, SpaceX, and AWS - $20 billion in Server CPU demand, FY28 CPU revenue more than doubled year-on-year Neoclouds - Revenue-sharing model, Nvidia shares a portion of upside revenue when NeoCloud revenue exceeds guaranteed levels - Nvidia can "Get paid twice": hardware sales + Rental Revenue Sharing - Driving TAM expansion, bringing billions of dollars in revenue in the medium to long term Capital return - F2Q Buyback of $20 billion, quarterly dividend of $6 billion - Year-to-date (YTD) reaches approximately 60% of FCF (originally planned ≥50%) > Other Summary - Nvidia AI Factory revenue per GW increases: Hopper approximately $18 billion/GW → Blackwell $25 billion/GW → Vera Rubin $40 billion/GW - Networking revenue F2Q +18% QoQ, Spectrum-X Ethernet year-over-year growth of 2.6x - Frontier AI Labs' growth exceeds its own B/S-supported investment scale, Nvidia has invested approximately $50 billion - OpenAI commits to deploying 12GW by 2030 - Partnering with SoftBank Energy to deploy computing power at Portsmouth Campus (initial deployment 4.25GW) - Inventory rises to $32 billion, Vera Rubin stockpiling - DSO rises to 60-day payment period extended for large purchases by some major customers - F2Q sales of H200 to China account for less than 1% of total DC revenue; guidance excludes China revenue - Groq 3 LPX full production; Nebius to be the first to adopt it > Stock Performance - After-hours stock price rose more than 4%, driven by the company's FY28 revenue +70% YoY guidance, rapid Vera Rubin ramp-up, and optimistic CPU outlook.

Nvidia's Q2 earnings report: Record-high revenue and net profit; August-October revenue projected at $108 billion.

Nvidia Reports Blowout Second Quarter, Forecasts 70% Revenue Growth in 2028--Update

*NVIDIA SAYS AMAZON TO DEPLOY ADDITIONAL 2 MILLION GPUS • • *NVIDIA SHARES EXTEND GAIN TO 2.9% DURING EARNINGS CALL

NVIDIA Q2 Revenue Reaches $96.2 Billion, Q3 Guidance Set at $108.0 Billion • • NVIDIA reported fiscal Q2 2027 revenue of $96.2 billion, up 106% year over year and above the $92.2 billion consensus estimate. Data Center revenue reached $89.0 billion, up 117% and above the $85.8 billion estimate, while non-GAAP diluted EPS came in at $2.22, beating expectations of $2.10. Non-GAAP gross margin was 75.0%, in line with estimates. NVIDIA guided fiscal Q3 revenue to $108.0 billion, plus or minus 2%, above the $104.2 billion consensus estimate, with the outlook assuming no Data Center compute revenue from China. The company said its Vera Rubin platform has entered full production and returned about $26.0 billion to shareholders through share repurchases and cash dividends during the quarter.

Nvidia announced its second-quarter financial results, reporting adjusted earnings per share of $2.22, compared to expectations of $2.10. The company also announced revenue of $96.2 billion for the quarter ending July 26, 2026, representing an 18% increase over the previous quarter and a 106% increase year-over-year. #Arabic_Business

NVIDIA $NVDA SUPPLY COMMITMENTS MORE THAN DOUBLE TO $279B, MOSTLY MEMORY • • The CFO commentary carries several items the headline numbers left out. • • Supply and capacity commitments rose from $119B last quarter to $279B, primarily for memory procurement. Total future commitments across supply, cloud agreements, data center leases, equity investments and capex reach $366B, with $120B falling in the remainder of fiscal 2027. • • Nvidia also disclosed $105B in guarantees tied to SB Energy's PORTS-Pike campus in Ohio, securing roughly 4.25 gigawatts that will exclusively host Nvidia infrastructure under 20-year leases to OpenAI. The company says each generation deployed there could represent about 1.5 million GPUs, or $150B to $200B in Nvidia revenue, with an option to support roughly 3.8 additional gigawatts. Total guarantee exposure is $108.5B. • • On China: Data Center Hopper shipments to China were less than 1% of data center revenue in the quarter, and the Q3 outlook again assumes zero data center compute revenue from China. • • Other details: • - Q3 gross margin guided to 74.0% plus or minus 50 bps, down from 75.0% • - Days sales outstanding rose to 60 from 45, on extended payment terms with certain investment-grade customers • - Inventory up to $31.6B from $25.8B ahead of the Vera Rubin introduction in Q3 • - Free cash flow $21.3B, down from $48.6B last quarter • - Net gains from equity securities were $7.8B, which is why GAAP EPS of $2.46 exceeds the $2.22 adjusted figure • - Issued $25.0B of senior unsecured notes in the quarter • - Returned nearly $26.0B to shareholders • • Segment detail: Hyperscale $48.7B, +102%. AI Clouds, Industrial and Enterprise $40.3B, +138%. Edge Computing $7.2B, +27%.

Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter. • The tech bellwether reported fiscal second-quarter results after the bell on Wednesday.

Antropic projects $30 trillion market size… Surpasses SpaceX

Nvidia shares fell nearly 3%, putting the stock on track for its longest losing streak since September 2022. The company is scheduled to announce its financial results Wednesday evening. The company's results have become a crucial part of earnings season, seen as a way to assess the state of the artificial intelligence market, which has seen volatility in recent months. #Arabic_Business

Antropics Aims for $2 Trillion IPO… Surpassing SpaceX to Surpass All-Time Largest

SpaceX shares plunged more than 6% on Thursday after 319 million new shares were made available for trading as part of a phased blackout schedule, which will allow trading of approximately 88% of the company's 13 billion shares by 2027. #Arabic_Business

Approximately 319 million shares, owned by employees and early investors in SpaceX, will become eligible for trading tomorrow, Thursday, as part of a phased blackout schedule that will eventually allow trading of about 88% of the company's 13 billion shares by 2027. The stock is down nearly 3% in trading today, Wednesday. #Arabic_Business

From $900 million to $94 billion… Alphabet hits 100-fold ‘jackpot’ with SpaceX [Market Mover]

$SPCX - HARVARD BETS $2.2B ON SPACEX • • Harvard Management disclosed a $2.2B stake in SpaceX (SPCX), making it over 50% of its $4.26B disclosed U.S. equity portfolio. • • The position includes roughly 12.94M shares, making SpaceX Harvard’s largest reported U.S. holding. • • Other major institutional holders include Intesa Sanpaolo (~$966M) and the University of California (~$1B). • • SpaceX shares remain above their $135 IPO price, valuing the company near $1.85T.

Nvidia discloses $21bn stake in SpaceX

Alphabet’s SpaceX bet grows 100-fold over a decade to $94 billion

Will Antropic Surpass SpaceX?… “Corporate Value Projected at $2 Trillion”

Nvidia is now almost $1 Trillion larger than every other public company • • Nvidia's $NVDA market cap has increased by more than $100 Billion so far in today's early trading

Nvidia Stock Loses $130 Billion In Market Value As Firm Reportedly Enters $500 Billion AI Financing Deal. • The chip designer’s stock briefly fell more than 3% following a report it was partnering with Wall Street giants like BlackRock on the deal.