Wearable Devices 株価情報 (NASDAQ: WLDS)

最新ニュース Wearable Devices (NASDAQ:WLDS) 株価情報

Wearable Devices Ltd develops and sells human-machine interface solutions for the smart wearables industry. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.

Wearable Devices Ltd

Chinese AI startup DeepSeek, which triggered a <a href="https://www.benzinga.com/markets/equities/25/01/43256425/nvidia-says-deepseek-an-illustration-of-how-new-ai-models-can-be-created-while-being-export-control-compliant-amid-600-billion-market-value-plunge">$600 billion drop</a> in Nvidia Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) market value with the release of its R1 model in January, has quietly launched an updated version of its reasoning model.
What Happened: The model, dubbed R1-0528, was uploaded in the early hours of Thursday to the developer platform Hugging Face without a formal public announcement, reported Reuters.
Despite the low-key release, the model quickly gained attention.
On the LiveCodeBench leaderboard—a benchmark created by researchers from UC Berkeley, MIT and Cornell—R1-0528 ranked just behind OpenAI's o4 mini and o3 models in code generation.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects" target="_blank" rel="noreferrer noopener">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: ‘In A World Of Butterfly Effects…&#8217;</a>
It <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44625580/alibaba-steps-up-ai-game-with-qwen-3-challenging-deepseeks-low-cost-ai-success">also outperformed</a> xAI's Grok 3 mini and Alibaba Group Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Qwen 3, underscoring DeepSeek's rising status.
DeepSeek's more advanced model, R2, is still expected later this year, the report added.
Why It's Important: Following R1's release in January, major Chinese firms like Alibaba and Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) have <a href="https://www.benzinga.com/25/03/44101621/deepseek-loses-top-spot-as-tencents-yuanbao-ai-becomes-no-1-iphone-app-amid-intensifying-ai-battle">launched models that they</a> say outperform DeepSeek's.
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Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google also rolled out lower-cost Gemini access tiers, while OpenAI reduced pricing and introduced its o3 Mini model, designed to operate with reduced computational demands.
Previously, Demis Hassabis, CEO of Google DeepMind, acknowledged DeepSeek's AI model as arguably the most <a href="https://benzinga.com/markets/25/02/43586484/google-deepmind-ceo-calls-deepseek-ai-best-work-from-china-but-says-hype-is-overblown-theres-no-actual-new-scientific-advance">impressive to emerge from China</a>, while Alphabet CEO Sundar Pichai <a href="https://www.benzinga.com/25/02/43487551/sundar-pichai-acknowledges-deepseeks-ai-advancementsbut-says-googles-gemini-still-leads-in-cost-performance-and-latency">downplayed the threat</a> posed by the startup.
After witnessing China's DeepSeek top the App Store with an AI product built by just 200 engineers, Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella reportedly <a href="https://www.benzinga.com/25/03/44529954/microsoft-ceo-satya-nadella-admits-chinas-deepseek-was-a-wake-up-call-tells-employees-its-time-to-build-real-products-not-just-research-thats-the-new-bar-to-me">pushed his teams to deliver results</a> with similar speed and real-world impact.
Benzinga Edge Stock Rankings awarded NVDA an impressive growth score of 98.75%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to compare it with other top-performing stocks such</a> as Alphabet, Alibaba, Tencent, Microsoft and more.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29023210/Screenshot-2025-05-29-at-7.06.23%E2%80%AFAM-2.png" alt="" class="wp-image-930896" /></a></figure>
Photo Courtesy: mundissima on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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BABA

GOOG

GOOGL

MSFT

NVDA

TCEHY

China's DeepSeek Quietly Drops R1 AI Update That Nearly Matches OpenAI o4 Mini—And Beats Elon Musk's Grok 3 Mini

<ul>
<li>Nokia introduces new entry-level and mid-tier Beacons that can deliver speeds over 3x faster than Wi-Fi 6 devices.&nbsp;&nbsp;</li>
<li>Nokia Beacons bring affordable Wi-Fi 7 to customers globally, providing multi-gigabit capacity needed to support future devices and services in the home.</li>
<li>Nokia's Beacon 4 and 9, powered by Corteca software, simplify device management and support enhanced services via applications available on the Corteca marketplace.</li>
</ul>

Nokia Launches Beacon 4 And 9 To Bring Affordable Wi-Fi 7 And Multi-Gigabit Speeds To Homes Worldwide

Earnings

Banco Macro Q1 EPS $0.65 Down From $7.90 YoY, Net Interest Income $549.20M

Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) CEO Kelly Ortberg said that the company aims to complete certification of its delayed 737 MAX-7 and MAX-10 variants by year-end, marking a critical milestone for the aerospace giant&#8217;s commercial recovery strategy.
What Happened: Speaking to Aviation Week <a href="https://aviationweek.com/aerospace/manufacturing-supply-chain/interview-boeing-ceo-kelly-ortberg-opens">at</a> Boeing&#8217;s Renton, Washington assembly facility, Ortberg emphasized the urgency of getting both aircraft variants through Federal Aviation Administration approval. 
&#8220;We&#8217;re hoping to get the two variants of the 737 MAX wrapped up this year so we can start deliveries of the -7 and the -10, two airplanes that are very, very important to our customers and our backlog,&#8221; Ortberg stated.
The certification push comes as Boeing operates under an FAA-imposed production cap of 38 aircraft per month following safety issues that grounded the MAX fleet globally for nearly two years after fatal 2018 and 2019 crashes. 
Boeing faces mounting pressure from ongoing regulatory scrutiny. The Justice Department recently offered the company a deal to avoid criminal prosecution over the 737 MAX crashes that killed 346 people, though victims&#8217; families have criticized the proposed <a href="https://www.benzinga.com/news/legal/25/05/45594990/doj-offers-boeing-deal-to-avoid-criminal-charges-over-737-max-crashes">agreement as insufficient accountability</a>.
Ortberg acknowledged the certification delays have created administrative bottlenecks with regulators. &#8220;We need to work together to streamline that process. It has gotten way too elongated,&#8221; he said, noting improved cooperation with new FAA leadership and Transportation Secretary Sean Duffy.
See Also: <a href="https://www.benzinga.com/markets/25/05/45661128/ross-gerber-blasts-trump-for-destroying-nvidias-china-business-gene-munster-says-forget-about-the-china-curbs-because-the-chip-giants-co" target="_blank" rel="noreferrer noopener">Ross Gerber Blasts Trump For ‘Destroying' Nvidia's China Business — Gene Munster Says ‘Forget About The China Curbs' Because The Chip Giant's Core Business Is ‘On Fire'</a>
Why It Matters: The MAX-7 and MAX-10 certifications represent crucial revenue drivers for Boeing&#8217;s commercial division, which holds approximately half a trillion dollars in backlog orders. Boeing stock has gained 0.93% to $202.89 as investors monitor the certification timeline and production ramp-up progress.
Ortberg stressed Boeing&#8217;s commitment to quality over speed in the certification process. &#8220;We&#8217;re going to do it in a smart, safe way, in accordance with our safety and quality plan,&#8221; he said, positioning the certifications as fundamental to Boeing&#8217;s operational and financial recovery.
Price Action: Boeing Co.&#8217;s stock closed at $201.50 on Wednesday, up 0.23% for the day. In after-hours trading, the stock rose to $202.89, gaining an additional 0.69%. Year to date, Boeing shares have increased by 17.24%.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Equities

Markets

Boeing CEO Kelly Ortberg Targets Year-End Certification For 737 MAX-7, MAX-10 Amid FAA Scrutiny, Says Variants Are 'Very Important' To Customers And Backlog

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) will launch its Robotaxi service in Austin on June 12, with CEO Elon Musk confirming that the company is currently testing the Model Y.
What Happened: The June 12 date has been internally discussed, but it remains subject to change, according to an anonymous source familiar with the matter, as cited in <a href="https://www.bloomberg.com/news/articles/2025-05-28/tesla-targets-june-12-launch-of-robotaxi-service-in-austin">a</a> Bloomberg report on Wednesday.
The company recently tested a fully autonomous Tesla Model Y in Austin with no remote operations, with only a company engineer in the passenger seat, the source suggested.
Musk has said that the company would initially use vehicles from its line-up, like the Model Y, to operate the autonomous ride-sharing service before incorporating the Cybercab, which is a purpose-built, fully autonomous driving vehicle with no steering wheel or pedals.
Why It Matters: The report comes in as Musk had previously stated the company plans to launch the Robotaxi in Austin sometime towards <a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once">the end of June</a>, with over 10 Model Ys operating as Robotaxis initially.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">For the past several days, Tesla has been testing self-driving Model Y cars (no one in driver's seat) on Austin public streets with no incidents. A month ahead of schedule. Next month, first self-delivery from factory to customer.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1927970940874354941?ref_src=twsrc%5Etfw">May 29, 2025</a></blockquote>
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Musk has also said that the company has been testing self-driving Model Ys in Austin on public roads for &#8220;the past several days&#8221; in a post on the social media platform X on Thursday. Musk says that the vehicles were tested without any incidents. He has also echoed his previous comments, which said that Teslas could drive directly to people&#8217;s houses from the factory.
The robotaxi launch could provide Musk's EV giant with a much-needed boost as the company continues to grapple with sales declines globally, including Europe, where Tesla sales <a href="https://www.benzinga.com/markets/eurozone/25/05/45616006/teslas-european-woes-see-no-end-april-sales-crash-49-as-rivals-race-ahead-in-ev-market">experienced a 49% YoY plunge</a>.
However, Tesla&#8217;s plans to launch its robotaxi in Austin face stiff competition from Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo. Waymo is already an established player in the sector, with over 250,000 weekly rides.
Gerber Kawasaki&#8216;s CEO, Ross Gerber, suggests that the competition between Tesla and Waymo in Austin <a href="https://www.benzinga.com/markets/equities/25/05/45637969/tesla-waymo-to-face-first-head-to-head-competition-for-robotaxis-ross-gerber-says-ahead-of-austin-launch-fascinating-to-watch">could be &#8220;fascinating&#8221;</a> as the two companies operate using different approaches to autonomous driving.
Tesla favors a camera-based system for its FSD tech, which is a crucial element to the Robotaxi, while Waymo uses a LiDAR-based system. Musk <a href="https://www.benzinga.com/25/03/44529187/elon-musk-says-tesla-doesnt-need-lidar-because-people-dont-shoot-lasers-out-of-their-eyes-yet-his-ev-company-quietly-spent-over-2-million-on-the-technology-in-2024-as-china-takes-global-lead">has defended</a> Tesla&#8217;s decision not to use LiDAR for its Robotaxis and FSD, saying that the company doesn&#8217;t need LiDAR because &#8220;People don&#8217;t shoot lasers out of their eyes.&#8221;
Elsewhere, Waymo already operates in over four major cities in the U.S., including Austin. The company recently announced it reached the <a href="https://www.benzinga.com/25/05/45539621/tesla-robotaxi-rival-waymo-reaches-10-million-paid-rides-milestone-as-robotaxis-step-into-the-spotlight">ten million paid autonomous rides milestone</a>, doubling its lifetime total of five million rides in five months.
Price Action: TSLA gained 2.9% in overnight trading, currently valued at $364.59, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo courtesy: Ken Wolter / Shutterstock.com

TSLA

Tesla Targets June 12 For Robotaxi Launch In Austin, Elon Musk Says Company Ramped Up FSD Testing 'A Month Ahead Of Schedule'

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Reported Earlier, Taysha Gene Therapies Prices $200M Public Offering Of Common Stock And Pre-Funded Warrants At $2.75

Reported Earlier, Amer Sports Prices 35M-Share Secondary Offering At $37.20; Fountainvest Affiliates To Sell Entire Stake

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Reported Earlier, MINISO Debuts New Ontario Location With First-Ever Ice Cream Section And Immersive "Shop-And-Play" Experience

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Birkenstock Prices 17,927,344 Common Shares Secondary Offering At $52.50; Repurchases And Cancels 3,927,344 Shares In Concurrent Transaction

Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) unveiled its robotics strategy during its first-quarter 2025 earnings call on Wednesday, positioning the chipmaker for what executives called the emerging &#8220;era of robotics&#8221; as artificial intelligence expands beyond data centers into physical applications.
What Happened: &#8220;The era of robotics is here. Billions of robots, hundreds of millions of autonomous vehicles, and hundreds of thousands of robotic factories and warehouses will be developed,&#8221; Chief Financial Officer Colette Kress told analysts during the earnings call.
The Santa Clara-based company reported record first-quarter revenue of $44.1 billion, up 69% year-over-year, driven by continued demand for its AI chips. Data center revenue reached $39 billion, representing 73% annual growth as customers deployed NVIDIA&#8217;s Blackwell architecture for reasoning AI applications.
NVIDIA introduced Isaac Groot, described as &#8220;the world&#8217;s first open, fully customizable foundation model for humanoid robots, enabling generalized reasoning and skill development.&#8221; The platform aims to train robots using synthetic data generated through NVIDIA&#8217;s Omniverse simulation environment.
See Also: <a href="https://www.benzinga.com/markets/25/05/45661128/ross-gerber-blasts-trump-for-destroying-nvidias-china-business-gene-munster-says-forget-about-the-china-curbs-because-the-chip-giants-co">Ross Gerber Blasts Trump For &#8216;Destroying&#8217; Nvidia&#8217;s China Business — Gene Munster Says &#8216;Forget About The China Curbs&#8217; Because The Chip Giant&#8217;s Core Business Is &#8216;On Fire&#8217;</a>
Why It Matters: Leading robotics companies, including Agility Robotics, Boston Dynamics, and Figure AI are already integrating NVIDIA&#8217;s technologies. GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>) is using the new NVIDIA Isaac platform for robotic imaging and surgery systems development.
CEO Jensen Huang emphasized the strategic importance of robotics during the call, noting that future manufacturing plants will require &#8220;AI factories&#8221; to operate robotic systems. 
Price Action: Nvidia Corp.&#8217;s stock closed at $134.81 on Wednesday, down 0.51% for the day. In after-hours trading, the stock rose sharply by 4.89% to $141.40. Year to date, Nvidia shares are down 2.53%.
NVDA stock enjoys strong momentum, growth, and quality, but performs poorly on valuation metrics, according to Benzinga Edge Stock Rankings. The stock shows a positive price trend across the short to long term. Here is <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">the full stock breakdown</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="888" height="558" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29010551/image-373.png" alt="" class="wp-image-930852" style="width:429px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29010551/image-373.png 888w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29010551/image-373-300x189.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29010551/image-373-768x483.png 768w" sizes="(max-width: 888px) 100vw, 888px" /></a></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Jack Hong / Shutterstock.com

GEHC

Nvidia Unveils Foundation Models For Humanoids, Eyes 'Era of Robotics' As AI Spend Accelerates

<ul>
<li>Stockholders approve proposals designed to enhance the Company's financial stability and empower strategic execution for FX vehicle production and the launch of FX Super One by the end of 2025.</li>
<li>The Company thanks all stockholders for their support and for recognizing the company's strategy, business direction, and the new management team.</li>
<li>The 29% increase in authorized shares reflects the Company's commitment to maintaining a prudent approach to managing dilution.</li>
<li>The Company remains committed to honoring its no-reverse-split pledge, subject to continued Nasdaq listing requirements, and upholding its "Stockholders First" declaration.</li>
<li>The 2025 FFAI Annual Stockholders' Day will be held in Los Angeles on May 31, aiming to foster transparent and close communication with investors.</li>
</ul>

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

FF Stockholders Back Increased Share Authorization And Private Placement To Bolster Capital Structure And FX Strategy

Pakistan will establish a strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve, the government's cryptocurrency advisor announced on Wednesday.
What happened: Bilal Bin Saqib, special assistant to the prime minister on blockchain and cryptocurrency, said at the Bitcoin 2025 conference that the government will hold BTC in a national wallet and &#8220;never ever&#8221; sell them.
"We want to thank the U.S. because we are getting inspired from them," Bilal said. Notably, President Donald Trump signed an Executive Order to establish a <a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">strategic Bitcoin reserve</a> earlier in March.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Today, &#x1f1f5;&#x1f1f0; rewrites history. At Bitcoin 2025 Vegas, Minister of Crypto and Blockchain <a href="https://twitter.com/Bilalbinsaqib?ref_src=twsrc%5Etfw">@bilalbinsaqib</a> announces that Pakistan will be setting up its Strategic Bitcoin Reserve. <a href="https://t.co/1vNjryqimf">pic.twitter.com/1vNjryqimf</a>
&mdash; Pakistan Crypto Council (@cryptocouncilpk) <a href="https://twitter.com/cryptocouncilpk/status/1927901692659433797?ref_src=twsrc%5Etfw">May 29, 2025</a></blockquote>
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The announcement comes amid a series of cryptocurrency-friendly measures undertaken by the South Asian nation.&nbsp;Last week, the finance ministry unveiled plans to assign 2000 megawatts of electricity <a href="https://benzinga.com/25/05/45603775/bitcoin-mining-in-pakistan-south-asian-nation-leverages-surplus-energy-to-mint-new-btc-ai-data-centers">to power Bitcoin mining</a>.&nbsp;
Moreover, Pakistan Crypto Council, a government-backed regulatory body, signed a pact with World Liberty Financial, a cryptocurrency platform <a href="https://www.benzinga.com/25/05/45312897/did-trump-backed-world-liberty-financial-bought-35-million-in-eth-heres-what-on-chain-data-says">backed</a> by Trump, to "accelerate" blockchain innovation in the country.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $107,624.75, down 0.71% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Photo Courtesy: Quality Stock Arts on Shutterstock.com
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$BTC

Pakistan Announces Strategic Reserve 'Inspired' By Trump Moves In The US — Vows To Never Sell Bitcoin

On Wednesday, Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) revealed that even with a projected $8 billion revenue loss due to <a href="https://www.benzinga.com/25/04/44830406/nvidia-to-take-55-billion-hit-over-china-chip-export-restrictions-but-top-analyst-dan-ives-says-hes-not-overly-concerned-all-part-of-the-high-game-of-poker">U.S. export curbs on China</a>, the chipmaker's guidance and AI momentum remain stronger than expected.
What Happened: During its <a href="https://www.benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong">first-quarter earnings</a> call, Nvidia executives disclosed that new U.S. restrictions on its H20 AI chips bound for China would cost the company about $8 billion in the current quarter.
Despite that setback, Nvidia maintained bullish guidance, citing accelerating demand across multiple business lines. Colette Kress, Nvidia's CFO, confirmed, "Had the export controls not occurred, we would have had orders of about $8 billion for H20."
Still, the company expects $45 billion in the second–quarter revenue, well above Wall Street forecasts, driven by <a href="https://www.benzinga.com/media/25/05/45637684/after-the-delay-nvidias-blackwell-ai-servers-are-back-in-production-as-suppliers-foxconn-inventec-dell-and-wistron-fix-key-technical-issues-report">surging demand for its next-gen</a> Blackwell chips and broader AI infrastructure growth.
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45548615/alphabet-well-positioned-for-google-search-dominance-analyst-says-can-navigate-the-shift-to-ai-search" target="_blank" rel="noreferrer noopener">Alphabet ‘Well Positioned&#8217; For Google Search Dominance: Analyst Says Can ‘Navigate The Shift To AI Search&#8217;</a>
CEO Jensen Huang highlighted four key growth drivers: reasoning AI, rescinding of the AI diffusion rule, enterprise AI adoption and industrial AI linked to global factory expansion.
Huang also praised President Donald Trump. &#8220;President Trump wants America to win,&#8221; Huang stated, adding, &#8220;He also realizes that we're not the only country in the race and he wants the United States to win.&#8221;
&#8220;[Trump] recognizes that we have to get the American stack out to the world and have the world build on top of American stacks, instead of alternatives,&#8221; the CEO said.
Why It&#8217;s Important: Nvidia posted first-quarter revenue of $44.1 billion, marking a 69% increase year-over-year and a 12% rise from the previous quarter, surpassing the Street consensus estimate of $43.2 billion.
On April 9, Nvidia was <a href="https://www.benzinga.com/25/05/45612246/nvidia-to-be-hit-by-china-chip-export-curbs-or-deliver-q2-guidance-surprise-after-middle-east-dealmaking-heres-what-charts-show-ahead-of-q1-results">hit with an export ban</a> on its H20 products to China. As a result, the company recorded a $4.5 billion charge in the first quarter tied to excess H20 inventory and purchase commitments.
Despite the new export licensing rules, H20 product sales totaled $4.6 billion for the quarter
Meanwhile, earlier this week, it was reported that <a href="https://www.benzinga.com/25/05/45636302/nvidia-amd-stand-to-gain-big-as-japan-proposes-about-7-billion-us-chip-deal-in-tariff-talks-report">Japan plans to import nearly $7 billion</a> worth of U.S.-made semiconductors — a move that could provide a substantial boost to chipmakers like Nvidia and Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), as trade talks with the Trump administration continue.
Price Action: Nvidia shares rose 4.89% in after-hours trading to $141.40 at the time of writing, after slipping 0.51% during Wednesday's regular session, according to <a href="http://pro.benzinga.com/">Benzinga Pro</a>.
Meanwhile, Benzinga Edge Stock Rankings gave NVDA a strong growth score of 98.75%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other high-performing stocks</a> like AMD.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/29004736/Screenshot-2025-05-29-at-7.06.23%E2%80%AFAM-1.png" alt="" class="wp-image-930845" /></a></figure>
Photo Courtesy: jamesonwu1972 on Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Nvidia CEO Jensen Huang Outlined 4 Key AI Growth Drivers Despite $8 Billion China Setback — Here's What They Are

Macro Economic Events

Econ #s

Economics

Reported Earlier, Australia Private New Capital Expenditure (QoQ) For Q1 -0.1% Vs. 0.5% Est.; -0.2% Prior

The&nbsp;Labor Department lifted restrictions that previously discouraged the inclusion of&nbsp;cryptocurrencies in <a href="https://www.benzinga.com/money/what-is-a-401k">401(k)</a> retirement&nbsp;plans on Wednesday.
What Happened:  The Department of Labor's Employee Benefits Security Administration rescinded a Biden-era guidance that had urged plan fiduciaries to exercise &#8220;extreme care&#8221; before adding cryptocurrency to investment menus, marking a return to the department&#8217;s &#8220;historically neutral&#8221; position on such investments.
&#8220;By rescinding the 2022 guidance, the department reaffirms its neutral stance, neither endorsing, nor disapproving of, plan fiduciaries who conclude that the inclusion of cryptocurrency in a plan's investment menu is appropriate,&#8221; a statement from the release said.
See Also:&nbsp;<a href="https://benzinga.com/trading-ideas/movers/25/05/45661506/bitcoin-dogecoin-dip-ethereum-gains-as-court-strikes-down-trumps-tariffs-analyst-anticipates-btc-all-time-high-in-a-couple-of-days-if-this-happens" target="_blank" rel="noreferrer noopener">Bitcoin, Dogecoin Dip, Ethereum Gains As Court Strikes Down Trump&#8217;s Tariffs: Analyst Anticipates BTC All-Time High &#8216;In A Couple Of Days&#8217; If This Happens</a>
Why It Matters:&nbsp;The Labor Department under former President Joe Biden&nbsp;had warned about <a href="https://www.dol.gov/index.php/node/180762">&#8220;significant risks&#8221;</a> of adding cryptocurrency investment options to retirement plans, citing the speculative and volatile nature of the asset class.
This policy shift comes a month after leading brokerage firm Fidelity Investments&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44611174/fidelity-launches-fee-free-crypto-ira-offering-direct-access-to-bitcoin-ethereum-and-litecoin-for-us-investors">introduced</a> a new crypto-focused retirement account, giving individual investors the opportunity to hold assets like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) directly in tax-advantaged retirement portfolios.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $108,079.87, down 0.72% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Photo Courtesy: Tada Images on Shutterstock.com
Read Next:&nbsp;
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$ETH

$LTC

Bitcoin In Your 401(k)? Trump's Labor Department Rolls Back Biden-Era Guidance On Crypto In The Employer-Sponsored Retirement Plan

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares jumped over 2.9% in overnight trading to $367.32 following CEO Elon Musk&#8216;s announcement that his role as Special Government Employee leading the Department of Government Efficiency (DOGE) has concluded.
What Happened: The electric vehicle maker closed regular trading down 1.65% at $356.90 on Tuesday before the announcement sparked investor optimism about Musk&#8217;s renewed focus on Tesla operations.
&#8220;As my scheduled time as a Special Government Employee comes to an end, I would like to thank President Donald Trump for the opportunity to reduce wasteful spending,&#8221; Musk posted on social media. He added that &#8220;The DOGE mission will only strengthen over time as it becomes a way of life throughout the government.&#8221;
Musk&#8217;s departure from DOGE comes after mounting criticism over potential conflicts of interest and Tesla&#8217;s declining sales performance. The <a href="https://www.benzinga.com/tech/25/05/45637814/elon-musk-admits-he-spent-too-much-time-on-politics-after-tesla-sales-decline-in-multiple-regions">billionaire admitted in a recent interview</a> that he &#8220;probably did spend a bit too much time on politics&#8221; and described his government involvement as a &#8220;time allocation issue.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As my scheduled time as a Special Government Employee comes to an end, I would like to thank President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> for the opportunity to reduce wasteful spending. The <a href="https://twitter.com/DOGE?ref_src=twsrc%5Etfw">@DOGE</a> mission will only strengthen over time as it becomes a way of life throughout the government.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1927877957852266518?ref_src=twsrc%5Etfw">May 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
During his tenure, DOGE <a href="https://www.benzinga.com/markets/25/04/45034082/elon-musks-doge-saves-160-billion-but-could-lead-to-billions-in-hidden-costs-for-taxpayers-warns-new-analysis-public-will-end-up-paying-for-this">claimed $160 billion in government savings</a> through contract terminations and IT modernization efforts. 
See Also: <a href="https://www.benzinga.com/markets/25/05/45661128/ross-gerber-blasts-trump-for-destroying-nvidias-china-business-gene-munster-says-forget-about-the-china-curbs-because-the-chip-giants-co">Ross Gerber Blasts Trump For &#8216;Destroying&#8217; Nvidia&#8217;s China Business — Gene Munster Says &#8216;Forget About The China Curbs&#8217; Because The Chip Giant&#8217;s Core Business Is &#8216;On Fire&#8217;</a>
Why It Matters: Tesla has faced significant challenges as Musk&#8217;s political activities intensified. Sales figures declined across multiple regions, attributed partly to consumer backlash over his <a href="https://www.benzinga.com/markets/equities/25/02/43962728/tesla-loses-1-trillion-valuation-as-shares-plunge-8-elon-musks-doge-role-brand-backlash-fuel-sell-off">political endorsements and close Trump administration</a> ties.
The renewed commitment to Tesla operations has energized Wall Street analysts. Wedbush Securities&#8216; Dan Ives recently set a $500 price target for TSLA shares, projecting a potential $2 trillion market <a href="https://www.benzinga.com/markets/equities/25/05/45557873/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market-cap-on-the-table">capitalization for the company</a>.
Musk&#8217;s DOGE exit coincides with his <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">criticism of Trump&#8217;s $3.8 trillion spending package</a>, which he called disappointing and said &#8220;undermines the work that the DOGE team is doing.&#8221; The Congressional Budget Office estimates the legislation could add up to $5.7 trillion to federal debt by 2034.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

Tesla Stock Gains 2.9% In Overnight Trade As Elon Musk Ends DOGE Government Role

Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) strong first-quarter performance highlights a quiet, yet fast-growing segment of the company that has long been overlooked by investors.
What Happened: During its much-anticipated <a href="https://benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong">first quarter results</a> on Wednesday, NVIDIA reported $5 billion in sales from its networking business, an increase of 64% from the prior quarter, with the company&#8217;s CFO Colette Kress noting during the earnings call, that its enhanced Ethernet platform, SpectrumX, is now annualizing over $8 billion.
&#8220;Spectrum X posted strong sequential and year-on-year growth,&#8221; she said, adding that adoption is &#8220;widespread across major CSPs,&#8221; including Microsoft Azure, Oracle Cloud, CoreWeave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), and most recently, Google Cloud and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
See Also: <a href="https://www.benzinga.com/news/25/05/45660322/trump-tariffs-struck-down-by-federal-court-major-blow-to-white-houses-trade-strategy-report">Trump Tariffs Struck Down By Federal Court — Appeal Filed By Administration: Report (UPDATED)</a>
During the call, CEO Jensen Huang emphasized the company&#8217;s strategy to dominate, not just the AI compute layer, but the entire datacenter architecture. 
He says, &#8220;we now have four networking platforms,&#8221; referring to NVLink, SpectrumX, InfiniBand, and BlueField, all of which he says are &#8220;doing really well.&#8221;
Powerful AI models such as ChatGPT or Google&#8217;s Gemini require hundreds of thousands of GPUs that need to constantly talk with one another. These conversations are an intense, split-second exchange of huge volumes of data that traditional Ethernet switches are incapable of handling.
The company's NVLink Gen 5 platform delivers 130 terabytes per second of bandwidth in a single rack, which is equivalent to the world's peak internet traffic. 
Huang says that enhanced Ethernet, once considered unsuitable for AI, now rivals InfiniBand in efficiency. &#8220;The traffic of AI is insanely bursty… and so SpectrumX has been really, quite frankly, a home run.&#8221;
Despite its rapid growth, networking still makes up a relatively small portion of NVIDIA's $39.1 billion data center revenue, where GPU sales dominate. This is potentially obscuring its growth and impact among investors and analysts. 
&#8220;This is the start of a powerful new wave of growth,&#8221; Huang said, reinforcing his confidence in the segment. &#8220;We're off to the races.&#8221;
Why It Matters: Nvidia&#8217;s networking play is already <a href="https://benzinga.com/analyst-ratings/analyst-color/25/02/44005208/nvidia-ai-juggernaut-rolls-on-but-can-arista-cisco-keep-up">mounting pressure</a> on legacy giants in this space, such as Arista Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) and Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>).
During its <a href="https://benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong">first quarter results</a> on Wednesday, the company reported $44.1 billion in revenue, up 69% year-over-year, and beating consensus estimates at $42.3 billion. It, however, missed earnings estimates, with a profit of $0.81 per share, against $0.88 per share.
Price Action: Shares of Nvidia were down 0.51% on Wednesday, trading at $134.81, but are up 4.89% after hours, following the company&#8217;s better-than-expected first quarter performance.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="138" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28234900/Screenshot-2025-05-29-at-9.18.41-AM-1024x138.png" alt="" class="wp-image-930816" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28234900/Screenshot-2025-05-29-at-9.18.41-AM-1024x138.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28234900/Screenshot-2025-05-29-at-9.18.41-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28234900/Screenshot-2025-05-29-at-9.18.41-AM-768x103.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28234900/Screenshot-2025-05-29-at-9.18.41-AM-1536x207.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/28234900/Screenshot-2025-05-29-at-9.18.41-AM.png 1618w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Nvidia scores well across most metrics and has a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for more insights.
Photo Courtesy: 3dkombinat on Shutterstock.com
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/05/45661128/ross-gerber-blasts-trump-for-destroying-nvidias-china-business-gene-munster-says-forget-about-the-china-curbs-because-the-chip-giants-co">Ross Gerber Blasts Trump For &#8216;Destroying&#8217; Nvidia&#8217;s China Business — Gene Munster Says &#8216;Forget About The China Curbs&#8217; Because The Chip Giant&#8217;s Core Business Is &#8216;On Fire&#8217;</a></li>
</ul>

ANET

CRWV

CSCO

Jensen Huang Points To 'A Powerful New Wave Of Growth' For Nvidia And Wall Street May Be Overlooking It: Chipmaker Set To Dominate The AI Datastack?

Press Releases

Wearable Devices Ltd. Announces 1-for-4 Reverse Stock Split

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Wearable Devices Expands to Next-Gen Neural Interaction for Everyday Life After Securing Patent in the United States

Wearable Devices Announces Full Year 2024 Financial Results and Provides Corporate Update

General

Wearable Devices to Expand AI-Powered Bio-Signal Intelligence with LMM for Health Monitoring Potential Uses

Wearable Devices Secures U.S. Patent for Combined Voice and Gesture Control

Wearable Devices Unveils Revolutionary Gesture Mapper for Mudra Link, Ushering in a New Era of Personalized Neural Control

Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $1.2 Million in Gross Proceeds

Wearable Devices Receives U.S. Patent Notice of Allowance for Hybrid Voice and Gesture Control Innovation

Wearable Devices Ltd. Releases New Mudra Link Update with Gesture-Based Media Control

Wearable Devices Secures U.S. Patent for Continuous Gesture Control, Enabling Fine-Tuned Interaction with Digital Devices

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