Fortune 500

Sneaking a little ahead of line to get on that plane faster? American Airlines might stop you. https://lnkd.in/d64C63Ke In an apparent effort to reduce the headaches caused by airport line cutting, American has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group. This new software won’t accept a boarding pass before the group it’s assigned to is called, so customers who get to the gate prematurely will be asked to go back and wait their turn. Read more: https://lnkd.in/d64C63Ke

Nvidia CEO Jensen Huang said the company’s rollout of Blackwell has avoided major issues and will start boosting the company’s top line ahead of schedule. https://lnkd.in/gmCPeUMG On the call, Huang brushed aside reported engineering snags, saying Nvidia is on track to outdo its prior Q4 estimates for Blackwell sales. Huang touted ravenous demand for the new offering, which promises to dramatically boost AI data center performance. Read more: https://lnkd.in/gmCPeUMG

The Justice Department is looking to break up one of America’s most powerful companies. https://lnkd.in/gYVFDpyv Shares of Google-parent Alphabet plunged over 5% Thursday after prosecutors outlined proposed remedies that would significantly alter how the search giant conducts its business. This comes after a judge ruled that Google had illegally monopolized the search market. Owning Chrome, the world’s most popular web browser, helps power Google’s ads business, the company’s largest source of revenue. Read more: https://lnkd.in/gYVFDpyv

Nvidia’s third quarter results came in better than expected as the company beat the already soaring expectations placed at its feet. https://lnkd.in/gdfC3BQk Revenues for the quarter were $35.1 billion, up 94% from a year ago and a 17% increase from the previous quarter. Profits were $19.3 billion, an increase of 109% from the same time last year. Nvidia beat expectations on all fronts outperforming analyst forecasts on growth. The prime concern for the stock remains whether it can continue to grow at the pace it has so far. Read more: https://lnkd.in/gdfC3BQk

Nestlé is overhauling its business to drill down on its top-growing brands, spin off its underperforming water unit, and cut $2.8 billion in costs by 2027. https://lnkd.in/g6tCjQvu The measures were announced by Nestlé CEO Laurent Freixe who said his goal is to “accelerate Nestlé” and make growth the center of its investments in the upcoming years. Freixe, who has been with the consumer giant for nearly 40 years, emphasized a “less is more” approach for the Swiss company—from its innovation focus to where it invests. Read more: https://lnkd.in/g6tCjQvu

Sallie Krawcheck is not a fan of the “work-life balance” question. The Wall Street veteran recently told Fortune she still remembers sitting on a panel in the mid-2000s. Then Citigroup’s chief financial officer, Krawchek sat alongside C-suite executives from other Fortune 500 giants. But while her male counterparts were asked about “balance-sheet management,” Krawcheck was asked about how she balanced her responsibilities while being a working mother. "I’ve been a successful business lady, but that’s not enough." Read more: https://lnkd.in/eccjamef

Walmart CFO John David Rainey has cautioned that the discount retailer may have to raise prices should President-elect Donald Trump’s proposed tariffs plan be implemented. https://lnkd.in/giH3FYQD “We never want to raise prices,” Rainey told CNBC on Tuesday. “Our model is everyday low prices. But there probably will be cases where prices will go up for consumers.” Read more: https://lnkd.in/giH3FYQD

While Nvidia founder Jensen Huang will feel the heat if he cannot deliver a bullish third quarter report, the pressure this time is not nearly as intense as in August. https://lnkd.in/gpBjjHXS Yet Huang is still expected to set the tone for the industry moving forward as investors will be eager for clues on the health of the generative artificial intelligence boom. Nvidia's shares have tripled in value since the start of this year, while the tech-heavy Nasdaq Composite has only risen by a third over that same period. Read more: https://lnkd.in/gpBjjHXS

Top Justice Department antitrust officials have decided to ask a judge to force Google to sell off its Chrome browser in what would be a historic crackdown. https://lnkd.in/geW-TRr3 The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to require measures related to artificial intelligence and its Android smartphone operating system.Click the link in the bio to read more. Antitrust officials, along with states that have joined the case, also plan to recommend that federal judge Amit Mehta impose data licensing requirements. Read more: https://lnkd.in/geW-TRr3

Super Micro Computer hired a new auditor after its previous one, Ernst & Young, quit in the middle of an engagement. https://lnkd.in/gSXNGE3c The Silicon Valley-based company, which touts a close relationship with AI stock-rocket Nvidia, had risked being delisted from the Nasdaq after failing to file both an annual and quarterly report on time. A spokesperson from Super Micro told Fortune in a statement: “As we previously disclosed, Supermicro intends to take all necessary steps to achieve compliance with the Nasdaq continued listing requirements as soon as possible.” Read more: https://lnkd.in/gSXNGE3c