Nvidia delivered another monster quarter, with revenue more than doubling to $96.22 billion and beating Wall Street expectations of $92.17 billion. Data-center revenue was even stronger, jumping 117% year over year to $89 billion.
The outlook was the real headline. Nvidia expects third-quarter revenue of about $108 billion, comfortably above the $104.19 billion analyst estimate. Management also said it expects revenue to grow about 70% in fiscal 2028.
That guidance suggests demand for AI computing remains enormous. Nvidia is expanding its partnership with Amazon Web Services to deploy an additional 2 million GPUs across Amazon’s infrastructure in 2027 and 2028, showing how aggressively cloud companies are still building AI capacity.
There is one catch. Nvidia expects adjusted gross margin of about 74% next quarter, down from the current level, as the Rubin product ramp and higher memory costs pressure profitability. The company also assumed no data-center chip sales to China in its forecast.
Still, the bigger message is hard to miss: the AI spending machine is nowhere near finished. Nvidia’s numbers reinforce its position at the center of the boom, while raising the expectations and the pressure for every company chasing the AI opportunity.
Woke up to BTR doing a 3x. That 0.1545 rejection though… RSI 98 is just ridiculous. I'm not fomo'ing this. Let it breathe. 😅 What's your vibe for the next 24h? Drop your pick! 👇
Oil prices are taking a sharp hit as hopes rise that traffic through the Strait of Hormuz could resume. Brent crude fell nearly 3% to around $84.5 a barrel on Wednesday, extending its decline as investors reacted to renewed talks between Iran and Oman.$CL Iran and Oman said they discussed creating a temporary navigational corridor through the strait and clearing mines from the route. The waterway previously handled about one-fifth of global traded oil, making any reopening potentially significant for worldwide energy supplies.
The market reaction shows how quickly the geopolitical risk premium can disappear when traders see a possible path toward normal shipping. Crude had surged during the conflict as investors worried that prolonged disruptions could tighten supplies and fuel another inflation shock.
Lower oil prices are also easing pressure on bond markets. Falling energy costs could reduce inflation concerns, giving central banks more room to consider monetary policy without facing another major commodity-driven price surge.
For investors, the Hormuz situation has become one of the biggest short-term market catalysts. If shipping genuinely returns to normal, energy prices could fall further. But with the situation still developing, traders are clearly betting on a breakthrough before it is fully confirmed. $BZ
AVAX -4%, TAO -3%, NEAR -5%, all down, but RSIs are chilling in neutral territory (56–65). No panic, just a healthy cooldown after recent pumps. Momentum is stalled, but buyers haven't completely disappeared.
ExxonMobil Surges 5% as Massive Deepwater Oil Discovery Boosts Growth Pipeline 🛢️ $XOM.US ExxonMobil shares climbed 5% in morning trading following the announcement of a major new deepwater oil discovery in the offshore Stabroek block. Initial appraisal well tests confirmed high-quality, hydrocarbon-bearing sandstone reservoirs, adding estimated reserves that further expand the energy giant’s low-cost production pipeline. Management emphasized that the discovery reinforces Guyana’s position as a core driver of long-term free cash flow, allowing the enterprise to maintain resilient production targets even through volatile global commodity cycles.$CL The strong operational update provided immediate support to the broader energy sector, lifting rival integrated oil producers. Institutional investors welcomed the project’s favorable cost-of-supply economics, which offer robust profit margins regardless of broader macroeconomic fluctuations. By continuing to expand its high-margin deepwater footprint alongside disciplined capital expenditure, ExxonMobil reaffirmed its strategic focus on maximizing long-term shareholder returns through sustained dividends and aggressive share buybacks. $BZ
RWA sector kinda sleepy ngl. Volume and mcap barely moving, and that list is mostly flat or red except INJ carrying with +6.5%. One green soldier in a sea of meh. Not the vibe we had earlier fr 😴
Nvidia’s Earnings Could Move $280 Billion in Market Value 🚀
Nvidia is heading into one of the biggest earnings events of the year, and options traders are preparing for a huge move. The market is pricing in a potential 5.4% swing in Nvidia shares after Wednesday’s results, which could translate into roughly $280 billion in market value.
The stakes are massive because Nvidia has become the market’s clearest gauge of AI demand. Investors want fresh evidence that hyperscalers are still spending aggressively on computing infrastructure and that demand for Nvidia’s latest chips remains strong.
But the bar is already extremely high. A solid quarter may not be enough if management’s outlook fails to exceed expectations. Investors will be watching revenue growth, margins, AI-chip demand and guidance for the next quarter.
The pressure is even greater after rising bond yields recently weighed on technology stocks. Higher yields can make expensive growth companies less attractive, meaning Nvidia may need an especially strong outlook to keep momentum going.
For investors, Wednesday’s report is much bigger than one company’s earnings. Nvidia has become a market-wide AI barometer, so a major surprise in either direction could quickly ripple through chipmakers, data-center stocks and the broader technology sector. 📊