AnewZ Morning Brief - 18 October, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for October 18th, covering the latest developments you need to know....
US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
The strong financial performance was accompanied by record revenue growth of 78%, with quarterly revenues reaching $39.33 billion, surpassing market expectations of $38.05 billion.
For the entire fiscal year, Nvidia’s revenues surged 114% to hit an all-time high of $130.5 billion. Diluted earnings per share rose by 82% to $0.89 in the last quarter, while sequential comparisons showed a 12% increase in revenue and a 14% rise in net income.
Nvidia CEO Jensen Huang attributed much of the robust performance to surging demand for the company’s Blackwell AI supercomputers. “Demand for Blackwell is amazing as reasoning AI adds another scaling law - more compute for training makes models smarter, and more compute for long thinking makes the answer smarter,” Huang said. He added that Nvidia had successfully ramped up massive-scale production of its Blackwell systems, achieving billions of dollars in sales in the first quarter. “AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of innovation across the largest industries,” he noted.
The company has also been strategically investing to expand and enhance the US AI infrastructure. Most recently, Nvidia joined forces with OpenAI, Oracle, and SoftBank to launch the Stargate Project, a venture that plans to invest up to $500 billion in US-based AI infrastructure over the coming years.
However, the semiconductor leader’s recent gains come amid a turbulent market environment. Nvidia has faced significant challenges in the ongoing trade war for semiconductor supremacy between the US and China. In one dramatic episode, the launch of China’s new AI chatbot DeepSeek reportedly led to a loss of over $500 billion in market value for Nvidia in a single day.
Despite these setbacks, Nvidia’s latest financial results underscore the company’s central role in the rapidly evolving AI landscape, positioning it well for future growth as global demand for advanced computing solutions continues to rise.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
In the first nine months of this year, 10.2 billion cubic metres of gas were produced from the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea, according to operational data released by the Ministry of Energy.
Apple’s latest smartphone, the iPhone Air, sold out within minutes of its launch in China on Friday, highlighting the brand’s enduring appeal among Chinese consumers despite growing competition from local Android makers.
Wall Street closed lower on Thursday as renewed concerns about regional banks and intensifying U.S.-China trade tensions weighed on investor sentiment, pulling major indexes off recent record highs.
Giorgio Armani's deputy managing director, Giuseppe Marsocci, is set to be appointed chief executive of the Italian fashion house, a source said on Thursday, confirming a local media report.
Tesla has told the Delaware Supreme Court that Elon Musk’s $56 billion pay package should have been restored last year through a shareholder vote, as the company appeals a lower court ruling that rescinded the CEO’s record compensation.
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