Nvidia Q1 results are in — revenue of $81.6bn (+85% YoY), adj. EPS (+140% YoY), and data center revenue of $75.2bn (92% of total) all beat estimates. Q2 guidance came in at $91bn, excluding China data center revenue. The board also authorized an additional $80bn buyback and raised the dividend 24x. All upside on paper — yet the stock swung lower by more than 3% in after-hours before turning positive. The market has grown accustomed to Nvidia beating by a wide margin; a 3.1% beat this time around was seen as underwhelming. Add in repricing noise from a revised reporting framework, and sentiment is clearly divided at a ~$6tn market cap. Are you backing Nvidia to keep its crown — or calling a pullback from the top?

Nvidia Q1 results are in — revenue of $81.6bn (+85% YoY), adj. EPS (+140% YoY), and data center revenue of $75.2bn (92% of total) all beat estimates. Q2 guidance came in at $91bn, excluding China data center revenue. The board also authorized an additional $80bn buyback and raised the dividend 24x. All upside on paper — yet the stock swung lower by more than 3% in after-hours before turning positive. The market has grown accustomed to Nvidia beating by a wide margin; a 3.1% beat this time around was seen as underwhelming. Add in repricing noise from a revised reporting framework, and sentiment is clearly divided at a ~$6tn market cap. Are you backing Nvidia to keep its crown — or calling a pullback from the top?

Nvidia Beats Estimates — But the Market Isn't Buying It?

NVDA Q1 just dropped. Revenue USD 81.6 billion (+85% YoY). Adjusted EPS +140% YoY. Data center revenue USD 75.2 billion (~92% of total). Every line beat consensus. Q2 guidance: USD 91 billion, and that excludes any China data center revenue. The board also added USD 80 billion to the buyback authorization and lifted the quarterly dividend by 24x.&nbsp;On paper, all green. But the stock dropped over 3% after-hours before clawing back. The market has gotten used to bigger NVDA beats, and a 3.1% top-line surprise wasn't enough this time. Layer on repricing noise from a revised reporting framework, and at the USD 6 trillion mark, the disagreement is real.&nbsp;Continued AI king run, or first real high-altitude correction?

NVDA Q1 just dropped. Revenue USD 81.6 billion (+85% YoY). Adjusted EPS +140% YoY. Data center revenue USD 75.2 billion (~92% of total). Every line beat consensus. Q2 guidance: USD 91 billion, and that excludes any China data center revenue. The board also added USD 80 billion to the buyback authorization and lifted the quarterly dividend by 24x.&nbsp;On paper, all green. But the stock dropped over 3% after-hours before clawing back. The market has gotten used to bigger NVDA beats, and a 3.1% top-line surprise wasn't enough this time. Layer on repricing noise from a revised reporting framework, and at the USD 6 trillion mark, the disagreement is real.&nbsp;Continued AI king run, or first real high-altitude correction?

NVDA Beats Every Line Yet Stock Wobbles?

英伟达绩后走低 1.8%，领跌科技七巨头。Arm 大涨 16%，总市值首次突破 3000 亿美元。沃尔玛股价大跌 7.3%，拖累消费必需品板块整体下跌 1.6%。特朗普政府宣布 20 亿美元量子计算扶持计划，IBM 大涨 12%，量子计算股 D-Wave Quantum 大涨 33.4%，Rigetti Computing 跳涨 30.6%。

- 伊朗局势促使美股波动，午盘消息助三大指数回升。
- 沃尔玛股价下跌 7.3%，影响消费品板块整体下滑 1.6%。
- OPEC+ 或增产 18.8 万桶/日，油市紧张局势持续。