Nvidia's Bumper Sales Show AI Bonanza's Strength 
 

Nvidia said sales, driven by the chips that power artificial intelligence, rose 78% to $39.3 billion in its latest quarter. Net income rose 80% to $22 billion. Both figures came in ahead of Wall Street's expectations.

 
Meta Apologizes for Error That Flooded Instagram With Violent Content 
 

The Reels tabs of some Instagram users were filled with graphic videos of people being killed or maimed.

 
AXA Launches Up to $1.26 Billion Share Buyback 
 

The insurer reported a rise in net profit for last year as it benefited from the first year of its strategic plan.

 
7-Eleven Owner's Founding Family Fails in Bid to Fend Off Foreign Takeover 
 

The 7-Eleven owner said that as a result there is no actionable acquisition proposal from the founding family to consider at this time.

 
HKEX Profit, Revenue Hit Quarterly Highs as IPO, Market Sentiment Pick Up 
 

The stock-exchange operator said Thursday that net profit reached a fourth-quarter high of 3.78 billion Hong Kong dollars, beating market expectations.

 
Indonesia, Apple Reach Investment Agreement, Paving Way to End iPhone Ban 
 

Apple has reached an investment agreement with Indonesia after protracted negotiations, which should clear the way for the sale of iPhone 16 handsets in Southeast Asia's largest economy.

 
Qantas Reinstates Dividend After Lift in Half-Year Profit 
 

Australia's major airline will pay a dividend for the first time since 2019 after a rise in fiscal first-half profit.

 
Canada Regulator to Levy Fee on Google Amid Heightened U.S. Trade Tensions 
 

Canada's broadcast regulator will slap a levy on Google starting April 1 to help finance enforcement costs, which risks exacerbating heightened trade tensions between the Trump administration and Ottawa.

 
Dell Earnings Are Today. What Wall Street Wants From the AI Server Maker. 
 

Investors are hoping the company will give a positive outlook for artificial intelligence server sales.

 
Salesforce Shares Fall After Revenue Outlook Misses 
 

The customer-relationship management company posted a higher profit and revenue for the fourth quarter.

(END) Dow Jones Newswires

February 27, 2025 03:00 ET (08:00 GMT)

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