Breaking Tech: May 21 (5 stories)
Thursday, 21 May 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Thu 21st May 2026
Nvidia has reported strong fiscal 1Q earnings, with a per-share profit of $1.87, surpassing expectations and projecting revenue of $91 billion, significantly higher than Wall Street's $87.4 billion estimate. This performance underscores Nvidia's pivotal role in the AI boom, although analysts caution that sustaining this growth will be challenging. Meanwhile, Morgan Stanley anticipates a surge in mergers and acquisitions within the AI sector, as companies seek to address technology gaps across various industries. In a strategic move, Truecaller is diversifying its offerings by entering the eSIM market, launching in 29 countries to enhance its revenue streams.
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Nvidia Beats on 1Q Earnings, Revenue Projected at $91 Billion
Bloomberg Technology 20 May 2026, 8:49pmNvidia reports earnings of $1.87 per share for the fiscal 1Q topping estimates of $1.77. Revenue for the quarter ending in July is projected to be $91 billion, compared with Wall Street estimates of about $87.4 billion. Bloomberg's Romaine Bostick and Matt Bryson of Wedbush Securities discuss. (Source: Bloomberg)
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Nvidia Earnings in Focus; SpaceX Eyes Historic IPO | Bloomberg Tech 5/20/2026
Bloomberg Technology 20 May 2026, 8:10pmBloomberg’s Ed Ludlow breaks down what to expect from Nvidia's earnings report, as investors anxiously await for the world’s most valuable company to show whether it can continue delivering the explosive growth fueling the AI boom. Plus, SpaceX inches closer to launch with an imminent IPO filing. And, a deep dive into SoftBank's bet on OpenAI as insiders grow worried that Masayoshi Son is too tied to the AI giant. (Source: Bloomberg)
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Morgan Stanley Dealmaker Sees ‘Full Spectrum’ of M&A Ahead in AI
Bloomberg Technology 20 May 2026, 7:09pmMorgan Stanley’s head of global technology M&A said acquisitions in artificial intelligence are coming in all sizes and in multiple industries as companies race to fill technology gaps across chips, power, networking and infrastructure.
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Nvidia Faces High Bar to Sustain AI Rally
Bloomberg Technology 20 May 2026, 4:57pmNvidia faces a high bar as it looks to keep the AI rally going. Goldman Sachs Semiconductor Research Analyst Jim Schneider discusses expectations ahead of the chipmaker's highly anticipated results on "Bloomberg Open Interest." (Source: Bloomberg)
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Truecaller gets into the eSIM business to diversify its revenue streams
TechCrunch 20 May 2026, 5:57pmTruecaller's eSIM product will initially launch in 29 countries