⚠️ Wall Street Wobbles Ahead of Nvidia — Then Rallies After-Hours ⚡
Tech cheers $NVDA’s earnings win, but Fed warnings and chip chaos remind us: this rally has baggage.
📉 Market Recap: Risk-Off Before the Bell, Relief Rally After
Markets slipped into a holding pattern Wednesday as all eyes turned to $NVDA earnings. Then came the after-hours surprise.
Dow Jones: 🔻0.58% (–250 pts)
S&P 500: 🔻0.56%
Nasdaq: 🔻0.51%
Investors tiptoed into Wednesday bracing for a big tech earnings bomb... and Nvidia delivered a beat — with a side of chip-related drama.
💻 Nvidia Beats, but H20 Charges Cloud the Win
After the close, Nvidia posted:
EPS: $0.96 vs. $0.93 expected
Revenue: $44.1B vs. $43.3B expected
Data Center Rev: $39.1B (slightly light)
Surprise: $8B charge tied to its H20 chips
Despite the charge, the stock popped 3% after-hours. Wall Street loves a beat — even with a side of silicon headaches.
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