BREAKING: Nvidia, $NVDA, earnings: - Revenue: $44 billion, est: $43 billion - EPS: $0.96, est: $0.75 https://x.com/unusual_whales/status/1927822420775424288
BREAKING: Nvidia, $NVDA, full earnings: Revenue: $44.1 billion, up 69% from a year ago vs. $43.3 billion expected
Adjusted EPS: 81 cents, up 33% from a year ago vs. 73 cents expected
Q2 guidance: Revenue of $45.0 billion vs. $45.9 billion estimate, including an $8 billion hit from chip restrictions
Data center revenue: $39.1B (est. $39.22B), and compute revenue: $34.16B (est. $35.47B)
..the dominance and resilience of NVIDIA and Mag7 (excl Tesla) could continue to underpin the major indices but far from reflecting the pain being felt by most other stocks like HP.
..Dow closed -244pts lower, S&P500 off -0.56% to 5,888 and Nasdaq -0.51%
..not a good day for Gold which is below $3300 at $3,288, much of the decline came in late trading, GDX and GDXJ spared the decline, both higher by +1.15% and +1.45% respectively but losing ground after-hours decline by -0.79% and -0.70% respectively
..banks down XLF -0.67%, oil stocks down XLE -1.27%
..lithium stocks led lower by SQM's -4.22% decline on poor results and outlook, ALB -1.26%, LAC +0.72%, PLL -1.79%
..copper continue to decline to $4.68, BHP -1.2%, Rio -1.4%, Freeport -1.89%, Southern Copper -1.52%