NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
Nvidia CEO Jensen Huang received his first salary increase in a decade, with his base salary rising 50% to $1.5 million, as part of a larger compensation package reflecting the company's growth in the AI sector.
Nvidia is developing new AI chips for Alibaba, ByteDance, and Tencent in response to U.S. export restrictions on its H20 chip, which could cost the company $5.5 billion.
Shares of medical device company LeMaitre Vascular (NASDAQ:LMAT)
fell 12.2% in the afternoon session after the company reported weak first quarter 2025 results with a significant miss on full-year EPS guidance and underwhelming EPS guidance for next quarter. On the other hand, LeMaitre's full-year revenue guidance topped analysts' expectations and organic revenue outperform Wall Street's estimates. Still, this was a weaker quarter.
Shares of financial and compliance reporting software company Workiva (NYSE:WK)
fell 13% in the morning session after the company reported weak first-quarter 2025 results, weighed down by a sharp cut to its next-quarter EPS guidance and a drop in net revenue retention, a sign that existing customers are not expanding usage as quickly as before. On the other hand, Workiva grew its customers this quarter and its revenue narrowly outperformed Wall Street's estimates. Still, this was a mixed quarter.
Shares of language-learning app Duolingo (NASDAQ:DUOL)
jumped 18.6% in the afternoon session after the company reported strong first-quarter 2025 results, which significantly beat analysts' sales, earnings, and EBITDA expectations. Revenue rose 38% from the same period last year, led by a 45% increase in subscription revenue as more learners opted into premium plans like Duolingo Max. The real story was the record surge in user engagement, with daily active users jumping 49% and paid subscribers rising 40% year-over-year, showing that Duolingo continued to expand its footprint while keeping users coming back.
Zooming out, we think this was a solid print.
