$NVDA
🚨🚨 Nvidia’s smashed it right across the board for their Q2 results, yet the stock’s taking a absolute bath anyway 🚨🚨
Revenue rolled in at $96.2B against the $92.38B expected 👀
Net income hit a whopping $59.69B, with adjusted EPS landing at $2.22 versus the $2.10 forecast
Gross margin stayed steady at 75%.
Q3 guidance also beat expectations, sitting at $108B against the $104.19B predicted 👀
At this sort of valuation, simply beating the estimates doesn't move the needle anymore, mate. Investors are expecting near-flawless execution, so anything less gets dumped straight away 👀
🚨🚨 Nvidia’s smashed it right across the board for their Q2 results, yet the stock’s taking a absolute bath anyway 🚨🚨
Revenue rolled in at $96.2B against the $92.38B expected 👀
Net income hit a whopping $59.69B, with adjusted EPS landing at $2.22 versus the $2.10 forecast
Gross margin stayed steady at 75%.
Q3 guidance also beat expectations, sitting at $108B against the $104.19B predicted 👀
At this sort of valuation, simply beating the estimates doesn't move the needle anymore, mate. Investors are expecting near-flawless execution, so anything less gets dumped straight away 👀
