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Nvidia quarterly earnings show immunity to AI bubble fears as it cashes in on data center boom

Chipmaker’s quarterly earnings surpassed Wall Street’s expectations every quarter for multiple years now

Nvidia released its quarterly earnings on Wednesday, with the chipmaker revealing higher than expected revenues that buoyed its stock in after-hours trading, extending its yearslong streak of surpassing Wall Street’s sky-high expectations.

The company receives the vast majority of its revenue from its data center business, which has been buoyed by the tech industry’s immense investment into AI infrastructure. On Wednesday, Nvidia reported 75% year-over-year growth of its data center revenue to $62.3bn. The world’s most valuable publicly traded company, Nvidia has dominated the chip market as its processing units have become the backbone of the artificial intelligence boom.

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© Photograph: Patrick T Fallon/AFP via Getty Images

© Photograph: Patrick T Fallon/AFP via Getty Images

© Photograph: Patrick T Fallon/AFP via Getty Images

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US hockey star Hilary Knight responds to Trump’s ‘distasteful joke’ about women’s team

  • Captain says controversy overshadows Olympic gold win

  • Trump quipped about inviting US women to White House

  • Knight says there is respect and support with men’s team

Hilary Knight, the captain of the US women’s ice hockey team, has responded to comments made by Donald Trump after the Americans won gold at the Winter Olympics, calling the president’s quip a “distasteful joke”.

After the US men’s ice hockey team won gold on Sunday, Trump called into the locker-room celebration and invited the players to be his guests at Tuesday’s State of the Union address.

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© Photograph: Hassan Ammar/AP

© Photograph: Hassan Ammar/AP

© Photograph: Hassan Ammar/AP

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Death Valley erupts in wildflowers in sign of developing superbloom

Record rainfall in famously arid California park has caused a wildflower eruption nearing levels of a superbloom

Death Valley and parts of southern California have erupted in wildflowers thanks to record rain that helped deliver spectacular blooms.

In the famously arid national park, the rare display has covered miles of the landscape in vibrant shades of yellow and purple.

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© Photograph: Damian Dovarganes/AP

© Photograph: Damian Dovarganes/AP

© Photograph: Damian Dovarganes/AP

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Mamdani names social services chief amid scrutiny over deaths of homeless New Yorkers

Department commissioner will be Erin Dalton, who conducted outreach in Pennsylvania among unhoused communities

Zohran Mamdani, New York’s mayor, has hired Erin Dalton as a new commissioner of the city’s department of social services.

The hire comes as the new mayor has faced scrutiny over the city’s handling of its unhoused population following the deaths of at least 20 people who were found outdoors during an especially cold winter.

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© Photograph: Allegheny County Department of Human Services

© Photograph: Allegheny County Department of Human Services

© Photograph: Allegheny County Department of Human Services

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Cuba says border guards killed four gunmen on US-registered speedboat

Rare clash off island’s coast comes amid oil embargo and heightened tensions between two countries

The Cuban Interior Ministry has said that border guards killed four gunmen and wounded six more on a speedboat bearing a Florida registration off Cayo Falcones in Cuba’s Villa Clara province.

The rare clash off Cuba’s coast, which took place on Tuesday, comes at a moment of heightened tensions between the United States and Cuba during an oil embargo that has led to an energy and humanitarian crisis on the island.

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© Photograph: Sandra Foyt/Alamy

© Photograph: Sandra Foyt/Alamy

© Photograph: Sandra Foyt/Alamy

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Top US body-camera maker reports record revenue amid Trump immigration crackdown

Axon sees ‘major opportunities’ as Congress proposes $20m for ICE body cameras but data privacy experts warn of risks

The largest body-camera maker in the US celebrated its latest financial results on Tuesday – reporting record revenue and forecasting major growth – as it prepares to cash in on the Department of Homeland Security’s planned rapid acquisition and deployment of these devices nationwide.

In Tuesday’s earnings presentation, body-camera maker Axon, which also makes the well-known Taser device, announced that it blew past Wall Street expectations with $797m in revenue, up 39% year-over-year.

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© Photograph: Patrick T Fallon/AFP via Getty Images

© Photograph: Patrick T Fallon/AFP via Getty Images

© Photograph: Patrick T Fallon/AFP via Getty Images

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Saracens’ salary cap penalty under scrutiny over conflict of interest claims

  • Saffery Champness alleged to have been auditor for Sale

  • Saracens were fined £5.36m and relegated in 2020

Saracens will consider their position over an alleged undeclared conflict of interest at the centre of the disciplinary process into the 2019 salary cap scandal. The club were fined an unprecedented £5.36m for salary cap breaches over the previous three seasons and were relegated to the Championship, but the punishment has come under fresh scrutiny with these new allegations.

Saracens point to an allegation made about the accounting firm Saffery Champness and claims that the level of fine handed down was “largely based upon advice provided to PRL”.

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© Photograph: Paul Harding/Getty Images

© Photograph: Paul Harding/Getty Images

© Photograph: Paul Harding/Getty Images

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Spanish officer who led 1981 coup dies on day documents declassified

Antonio Tejero, who has died aged 93, was part of rightwing network whose efforts were thwarted by King Juan Carlos

The Spanish officer who led his armed followers into the Spanish congress in a failed military coup in 1981 has died on the same day that the socialist-led government declassified documents relating to the murky attempt to overthrow the country’s post-Franco democracy.

Antonio Tejero, who died aged 93, was part of a network of rightwing police and military officers whose efforts to seize power were thwarted after King Juan Carlos refused to support the coup and ordered the generals to obey the democratic constitutional order.

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© Photograph: Bettmann/Bettmann Archive

© Photograph: Bettmann/Bettmann Archive

© Photograph: Bettmann/Bettmann Archive

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Larry Summers to resign from Harvard after Epstein files revelations

News of former Harvard president’s resignation comes ‘in connection with ongoing review’ of Epstein files

Larry Summers, former president of Harvard University, will resign from teaching at the end of the academic year, a spokesperson confirmed to the Guardian.

The news of his formal resignation comes “in connection with the ongoing review by the University of documents related to Jeffrey Epstein that were recently released by the government”, a Harvard spokesperson, Jason Newton, said in a statement.

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© Photograph: Victor J Blue/Bloomberg via Getty Images

© Photograph: Victor J Blue/Bloomberg via Getty Images

© Photograph: Victor J Blue/Bloomberg via Getty Images

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Trump delivered the longest State of the Union in history … and ran out of steam | Ted Widmer

The State of the Union address has been in decline for decade as a TV spectacle, and Trump probably hastened that trend

In fulfillment of clause 1 of section 3 in article II of the US constitution, Donald Trump duly gave Congress “Information of the State of the Union” last night.

Information … and more information. At an hour and 47 minutes, this was the longest State of the Union address in history. As he has so often done in the past, Trump bobbed and weaved impressively (“the weave” is his own term for his meandering speaking style). He zigged and zagged, taunting Democrats for much of the speech (he called Zohran Mamdani a “communist” and took pot shots at Democrats throughout the night), while claiming to be a unifier when the mood struck.

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© Photograph: Getty Images

© Photograph: Getty Images

© Photograph: Getty Images

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US to offer passport services to citizens in illegal West Bank settlements

Israel welcomes move described by Palestinian Authority as undermining possibility of an independent state

The US will provide on-site consular services in two Israeli settlements in the occupied West Bank for the first time, breaking with previous policy, in a move that has been criticised by Palestinian officials as “a clear violation of international law”.

In a post on X, the US embassy in Jerusalem said that as part of an initiative to mark the 250th anniversary of US independence, it would provide Americans with routine passport services in the West Bank settlement of Efrat on Friday “for one day only”.

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© Photograph: Ammar Awad/Reuters

© Photograph: Ammar Awad/Reuters

© Photograph: Ammar Awad/Reuters

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‘Nobel prize for fiction’: Trump’s State of the Union provokes polarized reactions

Democrats accuse president’s address of litany of lies as Republicans hail his bullish claims about year back in office

Congressional Democrats lined up on Tuesday night to call Donald Trump a liar and Republicans said America had never been greater. The country’s longest-ever State of the Union address had ended, and the two parties had, again, watched entirely different speeches.

Trump’s address ran for nearly two hours, with the president touching on tariffs, border security, military recruitment and energy production, among other topics. He told the country the economy was booming, inflation was under control and a golden age was at hand, but Democrats were not persuaded.

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© Photograph: Evelyn Hockstein/Reuters

© Photograph: Evelyn Hockstein/Reuters

© Photograph: Evelyn Hockstein/Reuters

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Five ways Trump could try to tilt the midterm elections in his favor

With Republicans facing grim poll figures, Trump promised action to influence the vote citing debunked fraud claims

Donald Trump once again railed against imagined fraud in America’s elections on Tuesday during the State of the Union address.

“They want to cheat,” he said of Democrats. “They have cheated. And their policy is so bad that their only way to get elected is to cheat. And we’re going to stop it.”

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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

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Footballers are calling out racism because they have had enough. Those with power must act | Samuel Okafor

The leadership shown by four Premier League players in highlighting racism last weekend must be replicated, and addressing representation is part of that

Recent incidents involving Sir Jim Ratcliffe and Vinícius Júnior have offered a new layer to the question Kick It Out is often asked when discrimination occurs: is it getting worse or are more people reporting it?

The question has been posed again this week after four Premier League players highlighted racist abuse sent to them on social media after matches last weekend.

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© Composite: Shutterstock, Alamy

© Composite: Shutterstock, Alamy

© Composite: Shutterstock, Alamy

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Real Madrid v Benfica: Champions League knockout round playoff, second leg – live

⚽ Champions League updates from the 8pm GMT kick-off
Live scores | Read today’s Football Daily | Email Scott

85 min: Krstović one-twos with Zalewski down the middle … and he’s clear! But Kobel reads the danger and comes racing out of his box to blooter clear. The keeper takes a whack for his trouble, but Krstović was within his rights to compete for the ball with so much on the line. Great play all round.

82 min: Atalanta counter, and Samardžić dances his way in from the right, before lashing a low diagonal drive inches wide of the left-hand post. Kobel wasn’t getting to that.

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© Photograph: Ángel Martínez/Getty Images

© Photograph: Ángel Martínez/Getty Images

© Photograph: Ángel Martínez/Getty Images

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Champions League roundup: Atalanta oust Dortmund thanks to last-minute penalty

  • Serie A side win 4-3 on aggregate after 4-1 victory

  • Atalanta face Arsenal or Bayern Munich in last 16

Lazar Samardzic slotted home a stoppage-time penalty to complete a dramatic 4-1 victory for Atalanta against Borussia Dortmund on Wednesday, sending the Italian side into the Champions League’s last 16 with a comeback 4-3 aggregate triumph.

Dortmund’s Ramy Bensebaini was sent off after his studs caught the head of Atalanta’s Nikola Krstovic in the penalty area and Samardzic converted the spot kick in the 98th minute to send the Italians through. Atalanta will now face either Arsenal or Bayern Munich in the round of 16, with the draw on Friday.

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© Photograph: Michele Maraviglia/EPA

© Photograph: Michele Maraviglia/EPA

© Photograph: Michele Maraviglia/EPA

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Zero hour: Corbyn and Sultana duke it out in battle for the soul of Your Party

After months of rows between factions with ‘fundamentally differing visions’, results of leadership election are at hand

An increasingly bloody battle for the soul of the leftwing Your Party set up by Jeremy Corbyn and Zarah Sultana will come to a conclusion on Thursday, when the results of its leadership election will be announced.

After almost eight months of public spats, rows over money, accusations of sexism and rifts over policy and direction, Your Party is hoping to turn a page on the manifold misfortunes that have beset it since its launch last year.

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© Photograph: Murdo MacLeod/The Guardian

© Photograph: Murdo MacLeod/The Guardian

© Photograph: Murdo MacLeod/The Guardian

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Martin O’Neill claims VAR ‘debilitating’ for officials after Celtic fail with red card appeal

  • Auston Trusty sent off against Hibernian

  • O’Neill: ‘In time we won’t need a referee’

Celtic’s manager, Martin O’Neill, has delivered a withering assessment of VAR in Scottish football after what he called the “ridiculous” dismissal of Auston Trusty during Sunday’s loss by Hibernian.

Trusty’s red card and a failed Celtic appeal mean the centre-back will miss three crucial Scottish Premiership games, starting with Sunday’s Old Firm visit to Ibrox. O’Neill claimed VAR actions must be “debilitating” for on-field officials.

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© Photograph: Steve Welsh/PA

© Photograph: Steve Welsh/PA

© Photograph: Steve Welsh/PA

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US-Iran nuclear talks hinge on whether Trump will accept envoys’ concessions

Tehran insists deal is possible if US president abides by preconditions agreed with Witkoff and Kushner

Iran enters critical talks on its nuclear programme with the US on Thursday, insisting a deal is in reach as long as Washington sticks by its willingness to concede Iran’s symbolic right to enrich uranium, allow Tehran to dilute its stockpile of highly enriched uranium, and not to impose controls on Iran’s ballistic missile programme.

The three preconditions for success are seen as critical by Iranian diplomats, but it remains unclear whether Trump accepts these parameters.

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© Photograph: Abedin Taherkenareh/EPA

© Photograph: Abedin Taherkenareh/EPA

© Photograph: Abedin Taherkenareh/EPA

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Maria Grazia Chiuri brings a radical spirit to Fendi debut

Eight months after departing Dior, Chiuri’s return to fashion’s front bench was stamped with her identity and values

A big name designer’s first catwalk show in a new job is a drumroll moment of pure ego: Maria Grazia Chiuri, who joins Fendi after leaving Dior, is a headline-making hire with main character energy.

The first surprise, as Milan fashion week began, was a catwalk painted with the motto: “Less I, more us.”

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© Photograph: Antonio Calanni/AP

© Photograph: Antonio Calanni/AP

© Photograph: Antonio Calanni/AP

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Tropical plants flowering months earlier or later because of climate crisis – study

Changes threaten ecosystems as flowering falls out of sync with fruit-eating, seed-dispersing animals and pollinators

Tropical flowers are blooming months earlier or later than they used to because of climate breakdown, with potentially “cascading impacts across ecosystems”, according to a study of 8,000 plants dating back 200 years.

Researchers looked at flowers from a range of countries, including Brazil, Ecuador, Ghana and Thailand, home to the most biodiverse ecosystems on Earth, but also the most understudied.

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© Photograph: Nature Picture Library/Alamy

© Photograph: Nature Picture Library/Alamy

© Photograph: Nature Picture Library/Alamy

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English cricket’s hunger for Indian money has led it into a moral and legal minefield | Barney Ronay

Potential exclusion of Pakistan players in the Hundred could breach UK laws on discrimination and leave the ECB exposed

The thing about inviting a tiger round for tea is, for all the excitement, the fur, the teeth, the muscles, they do tend to walk off with your dinner and drink all the water in the taps. The thing about saying yes to the person with the biggest stick is, in the end, you don’t get to say yes, or no, or anything at all. And that person still has a very big stick.

The thing about closing your eyes and just taking the money is: money passes only in exchange for something of value, and full payment will be taken. Welcome to English cricket in full blind, groping crisis mode, and the first small tremor of what lies in store whatever happens in the next few weeks.

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© Photograph: Tom Dulat/ECB/Getty Images

© Photograph: Tom Dulat/ECB/Getty Images

© Photograph: Tom Dulat/ECB/Getty Images

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Steve Borthwick turns to 2003 World Cup heroes for Six Nations inspiration

  • Blow as scrum-half Alex Mitchell is ruled out of campaign

  • Johnson, Dallaglio, Leonard and co to dine with players

Steve Borthwick has turned to England’s 2003 World Cup winners to arrest his side’s drastic decline after enduring another setback with the scrum‑half Alex Mitchell ruled out for the rest of the Six Nations.

Borthwick’s squad were due on Wednesday night to have dinner with members of the 2003 team, including the captain Martin Johnson, the Test centurion Jason Leonard and Lewis Moody, who revealed in October that he had been diagnosed with motor neurone disease.

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© Photograph: Mark Baker/AP

© Photograph: Mark Baker/AP

© Photograph: Mark Baker/AP

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Fast-breaking fashion: Ramadan becomes part of London fashion week

British-Yemeni designer Kazna Asker paused her presentation at sunset to share iftar with the models, staff and guests

For the first time in its history, Ramadan and the act of fast-breaking have been officially incorporated into a London fashion week show, according to the British Fashion Council.

On Monday evening, 29-year-old British-Yemeni designer Kazna Asker deliberately paused her presentation at sunset to share iftar with the models, who were also fasting, as were the interns and many of the staff.

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© Photograph: Karen Stanley/The Guardian

© Photograph: Karen Stanley/The Guardian

© Photograph: Karen Stanley/The Guardian

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