EARNINGS ALERT: NVDA

"I'd be shocked if this stock was higher tomorrow," says Alex Coffey in reaction to Nvidia's (NVDA) earnings move. He and George Tsilis comb through NVDA numbers following its 2Q earnings report. The company revealed its Blackwell revenue grew 17% sequentially and CEO Jensen Huang says, "Production of Blackwell Ultra is ramping at full speed, and demand is extraordinary." George and Alex both point out the lack of China H20 sales is not a surprise, but guidance painted a murkier picture for sales in the country moving forward. Additionally, the company announced a $60B share buyback plan.

======== Schwab Network ========
Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-...
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...
Watch on Sling - https://watch.sling.com/1/asset/19192...
Watch on Vizio - https://www.vizio.com/en/watchfreeplu...
Watch on DistroTV - https://www.distro.tv/live/schwab-net...
Follow us on X –   / schwabnetwork  
Follow us on Facebook –   / schwabnetwork  
Follow us on LinkedIn -   / schwab-network  

About Schwab Network - https://schwabnetwork.com/about

#nvda #earnings #blackwell #economy #finance #investing #marketnews #stock #stockmarket #trading #live #schwabnetwork #nvidia #chips #ai #artificialintelligence #guidance #software #datacenter