Welcome to Markets Desk, here's what's moving the needle this morning.
Nvidia delivered a quarter that silenced the skeptics. Revenue came in at ninety-six point two billion dollars, up one hundred and six percent year over year, with data center sales alone hitting eighty-nine billion. The CFO noted that roughly half that data center demand is now coming from customers beyond the major hyperscalers, which tells you AI infrastructure spending has broadened well past the usual handful of names.
Staying in fixed income, Treasury yields have climbed to levels not seen in nineteen years, and while that headline sounds alarming, the read-through for savers is genuinely constructive. Higher yields mean cash and short-duration instruments are finally earning real returns, offering retirement-focused investors income they simply could not access through most of the last two decades of suppressed rates.
And keeping an eye on the energy transition, Bloom Energy shares have surged more than three hundred and twenty-four percent over the past twelve months as hydrogen-focused power generation attracts serious institutional attention. At over two hundred and seven dollars a share, the valuation is stretched, and analysts are increasingly pointing investors toward diversified hydrogen ETFs as a lower-risk entry point into the theme.
That's the tape. Markets Desk, signing off the floor.
