SpaceX · Nvidia · Wall Street · Iran · CNBC Technology
SpaceX's IPO, Nvidia earnings, Bezos on the AI bubble and more in Morning Squawk
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Key facts
- The 30-year U.S. Treasury yield pulled back from its nearly 19-year high yesterday
- In the filing, SpaceX said it foresees a total addressable market of $28.5 trillion, most of which is outside of its existing business
- CNBC's Katie Tarasov, Jonathan Vanian, Jordan Novet, Lora Kolodny, Samantha Subin, Ashley Capoot, Kate Rooney, Gabrielle Fonrouge, Jeff Cox, Sean Conlon, Spencer Kimball, Annie Palmer, Kevin
- Nvidia once again beat quarterly earnings and revenue expectations yesterday, reporting an 85% revenue increase driven by surging sales in its data center unit
Summary
The Memorial Day travel period got off to a bumpy start yesterday: Flyers at New York's LaGuardia Airport faced delays after a sinkhole, yes, a sinkhole, shut down a runway. Stock futures are ticking lower this morning following a winning day on Wall Street. Here are five key things investors need to know to start the trading day:. Nvidia once again beat quarterly earnings and revenue expectations yesterday, reporting an 85% revenue increase driven by surging sales in its data center unit. Revenue from Nvidia's data center business nearly doubled from the same period a year ago, coming in at $75.2 billion for the first quarter.