TECH NEWS

NVIDIA beats again, guides to $91bn for Q2 and authorises another $80bn of buybacks

https://media.thenextweb.com/2026/02/Nvidias-Q4-results-could-make-or-break-confidence-in-the-AI-hardware-market.avif

Q1 revenue $81.6bn (+85% YoY), data centre $75.2bn, net income $58.3bn. The quarterly dividend moves from a penny to 25 cents per share. The buyback is the second $80bn authorisation in three quarters.

Nvidia reported first-quarter revenue of $81.6bn on Wednesday, up 85% year-on-year and 20% from the prior quarter, and guided second-quarter revenue to about $91bn (plus or minus 2%) against an analyst consensus of $86.84bn.

The board separately authorised an additional $80bn of share buybacks and lifted the quarterly dividend from one cent to 25 cents per share. The stock moved up on the print before settling roughly flat in extended trading.

Data-centre revenue inside the quarter came in at $75.2bn, against the average analyst estimate of $72.8bn, as the dominant beat. Net income for the February-April period was $58.3bn, up 37% sequentially and more than 200% year-on-year, on the run rate Al Jazeera’s coverageframed as ‘record...

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Hackers turn business backup servers into crypto mines after sneaking malware disguised as Microsoft Edge

* Attackers exploited critical AhsayCBS backup software flaws to compromise organizations’ backup servers * Intrusions deployed webshells and disguised XMRig cryptominers for persistence and stealth * Researchers urge immediate patching, restricted access, and full system reimaging if compromised In a particularly brazen hack, threat actors were seen targeting the servers that businesses use
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Scuba, which is building a “context engine” designed to serve as a shared memory hub for human workers and AI agents, raised $34M across pre-seed and seed

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