Nvidia, US Student Visa Issues and Bus Strike in Busan

Nvidia: Growth Pressure Ahead of Earnings Report

Nvidia is facing concerns over a revenue decline due to U.S. export restrictions on AI chips to China ahead of its first-quarter earnings report scheduled for May 28. The ban on exporting H20 chips to China is expected to lead to a revenue loss of up to $4.5 billion per quarter, or $5.5 billion annually, and the company's market share in China has dropped from 95% to 50%. Meanwhile, it has secured a large semiconductor supply contract with the Saudi Arabian AI firm Humain to strengthen its foothold in the Middle East market. This contract involves supplying 18,000 Grace Blackwell chips for a 500-megawatt AI data center project, boosting Nvidia's market value to over $3 trillion. Prior to the earnings report, the stock price rose by 3% to record $135.16, and the options market is expecting the stock to fluctuate around 6%.

Okta: Stock price falls after earnings report

Okta reported an adjusted earnings per share of $0.86 and revenue of $710 million for the first quarter of fiscal year 2026. However, the second-quarter outlook fell short of market expectations, projecting EPS of $0.83 to $0.84 and revenue between $710 million and $712 million. As a result, the stock dropped over 14% during trading, falling to $109.42, but later recovered slightly to close at $125.50.

SEC: Enhancing Enforcement and Embracing Technological Innovation

The U.S. Securities and Exchange Commission reaffirmed plans to focus on traditional enforcement areas such as insider trading, accounting and disclosure fraud, and market manipulation at the 'SEC Speaks 2025' conference. Additionally, it plans to enhance protections for retail investors and take action against foreign risk actors. New Chair Gary Gensler emphasized the need for clear regulations on innovative technologies, including cryptocurrencies, and announced plans to integrate the SEC's Innovation Hub with other divisions to improve efficiency.

Braves vs Phillies: Philadelphia's Victory

The Philadelphia Phillies defeated the Atlanta Braves 5-4, improving their season record to 35 wins and 19 losses. Ranger Suárez and Spencer Strider started as the pitchers, and the Braves missed a crucial opportunity due to a baserunning mistake by Eli White.

Dru Baker: Trade to the White Sox

The Chicago White Sox traded catcher Matt Thaiss to the Tampa Bay Rays and acquired outfielder Drew Baker. Baker is a speedy player with a batting average of .245 and an on-base percentage of .344 in Triple-A, and he recorded 42 stolen bases in Double-A in 2023.

Libertad vs Alianza Lima: Libertad advances to the Round of 16

Libertad defeated Alianza Lima 1-0 to advance to the knockout stage in second place in the group. In the match, Libertad dominated with 71.1% possession, while Alianza Lima failed to record a single shot on target.

Alycia Parks: Roland Garros Comeback Victory

Alycia Parks defeated Karolina Muchova in the first round of Roland Garros with a score of 3-6, 6-2, 6-1 to advance to the second round. She is currently ranked 52nd in the world and has been chosen as the ambassador for the Batiste brand for 2025.

Sutton Foster: Revealing Relationship with Hugh Jackman

Sutton Foster has formalized her romantic relationship with actor Hugh Jackman. The two connected during the 2023 musical 'The Music Man' and have been publicly dating since 2025. She will star in the musical 'Coal Miner’s Daughter', based on the autobiography of Loretta Lynn.

GTA 6: Release Delay and Game Information Disclosure

The release date for 'Grand Theft Auto VI' has been delayed from fall 2025 to May 26, 2026. GTA 6 will be set in the fictional city of 'Leonida' and will center around the story of the female protagonist Lucia and her partner Jason. The game is expected to include features that enhance realism, such as a vehicle fuel system.

Gaza Strip: Humanitarian Crisis and Military Tensions

Israel is mobilizing 450,000 reservists with the goal of controlling 75% of the Gaza Strip. GHF has begun humanitarian assistance, but casualties and injuries occurred due to a raid on a distribution center in Rafah. A representative of GHF has resigned, and the UN and Red Cross are criticizing the politicization and militarization of GHF. Hamas accepted a ceasefire proposal, but Israel denied it. So far, about 54,000 people have died and 123,000 have been injured.

Trump Administration: Strengthening Student Visa Policies

The Trump administration is strengthening the review of foreign student visas and is preparing an in-depth investigation into social media activities. Visa revocation measures are continuing for students supporting pro-Palestinian protests, and Harvard has filed a lawsuit in response. In response, the administration has rescinded research funding and tax benefits.

Bus strike in Busan imminent

The bus union in Busan plans to go on a total strike starting May 28 if wage negotiations break down. The union is demanding an 8.2% wage increase, and the burden related to the regular wage lawsuit is a point of contention. The company is concerned about incurring costs of 240 billion won in the event of a loss.

Busan City Emergency Transport Measures

The city of Busan has implemented emergency measures in preparation for the strike, including the deployment of 200 charter buses, an increase in urban subway and light rail services, an expansion of taxi operations, the suspension of the car restriction system, and the lifting of bus-only lanes. Both management and labor are working hard to minimize citizen inconvenience until the final negotiations.