???? Nvidia’s Sales Rise 78%!

Hala,

Hilda Jackson, 105, just threw the ultimate rave at her care home in Derbyshire, U.K. ????! With strobe lights, glowsticks, and a pop-up bar, it was like Ibiza... but with more bingo and less sun. ?? “I’ve had a fabulous time!” she said, proving you're never too old to party! ????

• Solana (SOL), a high-performance blockchain known for its speed and low fees, tumbled from $172 to $141 before clawing back 4%, but traders aren’t celebrating just yet. The FTX estate’s looming token unlock is spooking the market, and fresh U.S. trade tariffs aren’t helping sentiment. A fleeting boost from the DTCC listing Solana futures ETFs offered hope—but with no SEC approval, that optimism is hanging by a thread.
• Down nearly 15%, flirting with $2, XRP, the token powering Ripple’s cross-border payments network, isn’t catching any breaks. The SEC’s never-ending lawsuit against Ripple and mounting global trade tensions are weighing heavily. Investors betting on a rebound might want to check their stress levels first.
• Both Solana and XRP are hovering near key support levels, but regulatory uncertainty and macro pressures could keep the brakes on any sustained recovery. With sentiment shaky, traders are left asking: Is this a dip to buy or a warning to bail?

Stock Market Update

???? Trade war jitters sent Wall Street on a rollercoaster on Wednesday, with the S&P 500 barely up 0.01% to 5,956.06, snapping a four-day losing streak, while the Dow nosedived 0.43% to 43,433.12 and the Nasdaq 100 crept up 0.22% to 21,132.92. Even Nvidia’s 3% pre-earnings rally wasn’t enough to shake off the gloom. What a ride.(2) ????

??↗? Meanwhile, UAE stocks stayed in the fast lane: Dubai rose 0.2% to 5,352, boosted by Emirates NBD, while Abu Dhabi climbed 0.3% to 9,643, powered by e&.(3) ????

???? Nvidia’s Flowing Through the AI River! Nvidia, the river carving through the landscape of AI, has been surging with unstoppable momentum, propelling itself into 2025 with fourth-quarter sales up 78%! With its Blackwell chips powering the AI revolution, Nvidia's on a roll, flooding the markets with their next-gen tech. The company's current path is paved with billions in revenue, and the AI boom isn’t just a passing trend—it's like the river’s flow picking up speed with every turn. ???

???? Nvidia’s Profits Splashing Everywhere:

• Revenue Rise: $39.33 billion for the quarter, crushing Wall Street estimates by nearly $1.28 billion.
• EPS Surge: Earnings per share hit 89 cents, higher than the predicted 84 cents.
• AI Fuel: $35.6 billion in data center revenue—up 93%—fueling Nvidia's AI chips' dominance.
• Blackwell Boom: $11 billion in Blackwell sales, and it’s not slowing down anytime soon.
• Gaming Dip: Slight slip in gaming sales to $2.5 billion, but nothing that can halt Nvidia's flood of success. ????

???? Blackwell Takes the Lead

As Nvidia's river of growth gains speed, its Blackwell chips have become the current driving the company’s future. The tech giant is confidently paddling towards a future where its chips aren't just building AI but delivering it at a mind-blowing scale. With the data center sector representing a whopping 91% of their sales, Nvidia's the reigning king of AI hardware, with no sign of stopping. ????

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Closer to Home?

• ??? Abu Dhabi’s data analytics giant Presight is giving Albania a nationwidedigital makeover, teaming up with its Ministry of Interior to make the city smarter with AI-run traffic and public services. Talk about a power move.(5) ??
• ?? The value of MENA’s private equity transactions hit $28B from 2020-2024, with a total of 356 deals, led by the UAE, Saudi, and Egypt, according to Magnitt. Healthcare, finance, and F&B took the biggest bites.(6) #PrivateEquityFeast ???
• ?? UAE’s investment platform 2PointZero, backed by IHC’s $27B empire, is eyeing an Abu Dhabi IPO this year and a global expansion spree from Asia to Africa—because big ambitions never stay private.(7) ??

What Else Is Trending

• ?? Salesforce ran into a glitch, missing revenue at $9.99B vs. $10.04B expected, despite an EPS boost to $2.78 vs. $2.61, sending shares down 4% after hours on Wednesday. Looks like the cloud giant needs a reboot.(8) ??
• ?? Alexa’s getting a glow-up—and a price tag! Amazon’s AI-powered Alexa+ drops next month for $19.99/month (free for Prime), promising smarter tasks and smoother service. Guess even voice assistants are going premium.(9) ?
• ??? Meanwhile, oil prices slipped to two-month lows, hit by surprise U.S. fuel builds and Russia-Ukraine peace buzz—Brent fell 0.67% to $72.53, and WTI dropped 0.45% to $68.62.(10) ??

??Quote of the Day

“Blackwell sales were led by large cloud service providers which represented approximately 50% of our Data Center revenue.” – Colette Kress, Nvidia CFO

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amana.app

Sources:(1) The Guardian, (2) (4) (8) (9) CNBC, (3) (6) (7) Zawya, (5) Economy Middle East, (10) Reuters