Qantas shares slide to 6-mth low as airline trims revenue outlook
Colette Kress, Executive Vice President and Chief Financial Officer of NVIDIA CORP (NASDAQ:NVDA), sold 47,100 shares of common stock on November 3, 2025, according to a recent SEC Form 4 filing. The sales, executed under a pre-arranged 10b5-1 trading plan, resulted in a total value of $9,924,868.
The transactions occurred at prices ranging from $207.0295 to $210.8573.
The sales were executed in multiple transactions. Following these transactions, Kress directly owns 2,828,122 shares and indirectly owns 1,741,591 shares through various trusts and a limited liability company.
In other recent news, Nvidia’s financial outlook received a boost as Jefferies raised its price target for the company to $240 from $220, citing a strong order outlook. This adjustment comes after Nvidia disclosed its plans to fulfill $500 billion in orders between 2025 and 2026, focusing on its Blackwell and Rubin product lines. Meanwhile, Digital Realty Trust Inc. announced an expanded collaboration with Nvidia, enhancing AI infrastructure at its Northern Virginia campus. This partnership includes the establishment of Nvidia’s AI Factory Research Center and focuses on advanced cooling technologies and energy efficiency improvements.
Additionally, Amazon.com saw positive developments as Mizuho reiterated an Outperform rating with a $300 price target following a significant $38 billion cloud computing deal with OpenAI. This seven-year agreement will provide OpenAI with access to Amazon’s AWS compute resources, including Nvidia GPUs, with full deployment expected by the end of 2026. In a related note, OpenAI’s CFO, Sarah Friar, emphasized the need for more enthusiasm about AI’s potential benefits, countering concerns of an AI bubble. Finally, Treasury Secretary Scott Bessent hinted at a possible meeting between President Donald Trump and Chinese President Xi Jinping at upcoming G-20 and APEC events next year.
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