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Nvidia’s 75% Margin Sets the AI Profitability Bar — But Rivals Are Closing In

Quick Summary Nvidia posted a 75.2% adjusted gross margin , among the highest in Big Tech AI hyperscalers plan  US$650B capex in 2026 , much flowing to Nvidia Rivals like  AMD, Alphabet and Amazon  are gaining traction Long-term margin sustainability remains the key investor question Margins Steal the Show While investors already expected strong demand,  NVIDIA Corp  surprised with something even more impressive: Adjusted gross margin of 75.2% , the highest since late 2024 — and management expects similar levels next quarter. For a nearly  US$5 trillion company , that margin signals extraordinary pricing power in AI hardware. AI Spending Wave Still Intact AI hyperscalers are forecasting  ~US$650 billion in capex for 2026 , up roughly 60% from 2025. Nvidia remains the primary beneficiary as demand for data centre GPUs continues to surge. But maintaining 75% margins depends on two big factors: 1️⃣  Supply Constraints Rising memory costs remain a ris...
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Genting Singapore Slides 9% After FY2025 Profit Drops 33%

Quick Summary

  • Net profit fell 33% to S$390.3m

  • Revenue slipped 3.1% to S$2.45b

  • Gaming revenue down 6% due to lower win rate

  • Shares tumbled nearly 9%, worst drop since Feb 2024

Stock Reaction

Shares of Genting Singapore plunged as much as 8.9% to 72 Singapore cents, marking the biggest one-day percentage decline in nearly a year.

The sell-off followed weaker-than-expected FY2025 results, disappointing investors who were looking for a stronger recovery in gaming operations.

FY2025 Financial Highlights

  • Net profit: S$390.3 million (-33% YoY)

  • Revenue: S$2.45 billion (-3.1% YoY)

  • Gaming revenue: S$1.6 billion (-6% YoY)

The company attributed part of the weakness to asset enhancement works at Resorts World Sentosa, which temporarily disrupted operations.

A lower casino win rate also weighed on performance.

Why Investors Were Concerned

Analysts noted:

  • Gaming performance fell short of expectations

  • Renovation disruptions dampened visitor momentum

  • Margin pressure persisted despite steady tourism flows

However, DBS Group Research expects improvement in FY2026 as:

  • Renovation-related disruptions ease

  • Visitor numbers stabilise

  • Operational momentum gradually returns

What to Watch in 2026

  • Completion of asset enhancement projects

  • Recovery in VIP and mass gaming segments

  • Regional tourism trends

  • Competitive pressures from other Asian integrated resorts

Bottom Line

FY2025 was a transitional year for Genting Singapore.
While profit weakness and gaming softness triggered a sharp share-price reaction, analysts see potential for recovery as renovation works conclude and tourism momentum rebuilds.

The key question now: Can 2026 deliver the earnings rebound investors are waiting for?

Key Takeaways

  • Profit and gaming revenue declined

  • Renovation works disrupted operations

  • Stock saw sharp one-day correction

  • Recovery outlook hinges on smoother FY2026 operations

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