NVIDIA Profits, OpenAI Funding, and SpaceX’s Valuation
- High PPI – The Producer Price Index for final demand increased by 0.5% in January 2026, bringing the 12-month average to 2.9%. This comes after a 0.4% increase in December 2025 and a 0.2% rise in November 2025 (source: U.S. Bureau of Labor Statistics).
- Market Mayhem – The markets had a turbulent last day of February, following the latest PPI release. The DJIA shed 521.28 points to close at 48,977.92, while the S&P 500 finished February 2026 with a 0.43% decline to 6,878.88, and the Nasdaq Composite decreased by 0.92% to finish at 22,668.21 (source: CNBC).
- Record Revenue – NVIDIA released its fourth quarter and fiscal 2026 financial results, citing full-year revenue of $215.9 billion, which is a 65% increase from fiscal 2025. Net income also increased by 65% between fiscal 2025 and fiscal 2026, increasing from $72.9 billion to $120.1 billion (source: NVIDIA).
- AI Investments – OpenAI raised $110 billion in its latest funding round, resulting in a valuation of $840 billion. Notable investors include $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon (source: Reuters).
- Increasing Income – December 2025 personal income increased by $86.2 billion, which is a 2.9% increase from December 2024. Similarly, personal saving was $830.8 billion in December 2025, equating to a 3.6% savings rate (source: U.S. Bureau of Economic Analysis).
- Sky-High Valuation – SpaceX, the company that runs Starlink, is targeting a $1.75 trillion valuation ahead of its IPO offering. This comes after Elon Musk announced plans to launch the latest version of its Starship Rocket in March (source: Reuters).
- Combining Communication – The Federal Communications Commission approved Charter Communications’ $34.5 billion acquisition of Cox Communications. Charter Communications plans to invest billions to upgrade its network and will extend its $20/hour minimum wage to Cox Communications employees (source: Reuters).
- Discovery’s Deal – Paramount Skydance will acquire Warner Bros Discovery in a $110 billion deal, beating out the offer from Netflix. Paramount Skydance paid the $2.8 billion contract termination fee to Netflix on Warner Bros Discovery’s behalf (source: Reuters).
- Skating Superstar – Alysa Liu won gold in women’s figure skating in the 2026 Olympics, breaking a 24-year losing streak. Sasha Cohen was the last women’s figure skater to win a medal, earning silver in 2006 (source: Yahoo Sports).
- Care by Class – Recent research shows that one in ten U.S. adults is a caregiver for a parent over the age of 65. Lower-income individuals are also more likely to be caregivers, with 39% of respondents in a lower-income class saying they are caregivers, compared to 23% for middle-income individuals and 16% for upper-income individuals (source: Pew Research).
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