Nvidia, AMD, CoreWeave, Vertiv, and other stocks were all falling sharply Friday.
Nvidia reported another massive quarter this week with $46.7 billion in revenue, a 56% year-over-year increase driven almost entirely by AI demand. But despite CEO Jensen Huang's bold prediction of $3 to 4 trillion in global AI infrastructure spending in the next five years, the stock slid as investors questioned how long this kind of growth can last.
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Nvidia (NVDA) has a China issue. Resolving it, its CEO says, could have bigger implications for America's AI competitiveness.
Nvidia stock fell 3.2% Wednesday after reporting record sales, falling short on data-center revenue, and predicting cooler growth, according to the Wall Street Journal.
Nvidia Corporation delivered another strong quarter, beating expectations with robust growth in Data Center, Gaming, Visualization, and Automotive segments. Extraordinary demand for Blackwell GPUs, CUDA's entrenched moat, and a $60B buyback program reinforce my bullish outlook and Buy rating. NVDA stock valuation remains rich and priced for perfection, but Nvidia's growth, profitability, and software stack justify its premium over peers.
Pre-market futures have lots to digest this morning — not only following NVIDIA's NVDA strong Q2 results after the closing bell last night (even if they came in slightly below certain lofty expectations), but with both important economic data and Q2 earnings results having been reported. The Dow is +42 points at this moment, the S&P 500 is -1 point and the Nasdaq is -21.
Here is some of what was discussed on Morning Brief for Thursday, August 28. Yahoo Finance Tech Editor Dan Howley and Gabelli Funds portfolio manager John Belton share some of their takeaways from Nvidia's big second quarter earnings report.
Q2 GDP improves by 30 bps from the initial print, +3.3%, and 20 bps above expectations.
There are reasons to believe that NVIDIA's NASDAQ: NVDA stock price could pull back in September, but it's not a possibility worth betting on. Although the approximately 100% stock price advance since April provides ample reason to take profits, the Q2 results and guidance do not.
Nvidia Corporation delivered strong Q2 FY2026 results, but growth is slowing and after-market stock reaction was weak due to several headwinds. Revenue is increasingly concentrated among a few large U.S. corporate customers, with global diversification and growth in key markets like China and India under pressure. Geopolitical tensions, export controls, and tariffs are impairing Nvidia's long-term international growth prospects, making NVDA more of an "American" company than a global leader.