<div id="readability-page-1">The major US stock indices are set to open higher,. Oil price are down about -$2. Yields are lower by about 2 basis points, which is not much but it is something. Looking at the major indices, the NASDAQ is up 200 points while the S&amp;P is up 28 points in premarket tradingLater today, the Fed FOMC meeting minutes from the last April meeting willl be released at 2 PM ET. Recall that at the April meeting, there were three dissenters who wanted to get rid of the easing bias with one (Miran) dissenting in favor of a 25 basis point cut in rates. Miran has stepped down from his role on the FOMC board, making room for the new Fed Chair Warsh who will take over from Fed Chair Powell on Friday (after his swearing in). After the close, Nvidia will unveil its fiscal Q1 2027 earnings report after the close today, May 20, with Wall Street expecting earnings of $1.78 per share — up 120% year over year — on revenue of approximately $79.2 billion, representing roughly 79.5% growth compared to the same period last year. The company itself has guided for $78 billion in revenue, plus or minus 2%, with gross margins expected to hold near 75%.The Data Center segment remains Nvidia's primary earnings engine, fueled by robust Blackwell platform shipments and surging demand for AI training and inference workloads. Analysts are forecasting Data Center revenue of roughly $72.85 billion, up an estimated 86% year over year. Blackwell now drives close to 70% of data center compute, meaning its margin trajectory and unit economics — not just shipment volume — are the central question heading into tonight's print.China remains the highest-variance factor in the report. CEO Jensen Huang has previously acknowledged that Nvidia's market share in the region has effectively fallen to zero due to ongoing export control pressures, and management has excluded China entirely from forward guidance. Investors will be listening closely for any commentary around a potential reopening or localized strategy that could restore a meaningful revenue avenue.</div>

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?

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US stock indices are set to open higher, with NASDAQ up 200 points and S&P up 28 points. Oil prices have dropped by $2, and yields are down by 2 basis points. Later today, the Fed will release April meeting minutes. Nvidia is expected to report fiscal Q1 2027 earnings of $1.78 per share, with revenue around $79.2 billion, driven by strong Data Center demand. Investors are keen on insights regarding China's market impact.

- Major US stock indices are poised for a higher opening, with the NASDAQ up 200 points and the S&P up 28 points in premarket trading.  
- The Fed will release the minutes from the April meeting today, where dissenters proposed a change in the easing bias, as new Fed Chair Warsh prepares to take office.  
- Nvidia will report fiscal Q1 2027 earnings today, with expectations of $1.78 per share and $79.2 billion in revenue, highlighting the importance of the Data Center segment amid challenges in the Chinese market.

US stocks on pace for a higher open