Nvidia Beats Expectations as AI Revenue Surge Continues Despite Rising Competition
The company posted fiscal first-quarter earnings per share of $1.87 on revenue of $81.62 billion, surpassing Wall Street expectations of $1.77 EPS
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The company posted fiscal first-quarter earnings per share of $1.87 on revenue of $81.62 billion, surpassing Wall Street expectations of $1.77 EPS
The company stated that its board approved the first-quarter 2026 financial statements alongside the cash distribution plan
EBITDA rose 33% year-on-year to AED 1.52 billion, while EBITDA margin improved to 26.4% compared with 24.7% during the same period last year.
The Abu Dhabi-listed fuel and convenience retail company reported EBITDA of $307 million during the first quarter
EBITDA increased 12.7% to AED 159 million, with an EBITDA margin of 23.1%, while net profit rose 11.5% to AED 133.8 million during the quarter.
Norway raised its 2026 oil/gas revenue forecast to $78.7B due to Iran war-driven price hikes, boosting its sovereign wealth fund.
DEWA posted record Q1 2026 profits, with clean energy at 18.5% of output, rising demand, and continued infrastructure expansion in Dubai.
Abu Dhabi Aviation Q1 2026 revenue hit AED 2B, led by MRO at 88% of total; strong liquidity, stable growth, and focus on aviation tech expansion.
ADNOC Gas posted $1.08B Q1 2026 profit, approved $940M dividend, and boosted investment in Abu Dhabi's expanding gas infrastructure.
Talabat hit $1B in Q1 2026 revenue, up 25.7%, driven by GCC digital growth, but profits fell due to higher costs and platform expansion.
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