Nvidia's latest earnings report exceeded estimates but didn't meet Wall Street's high expectations, leading to a 3% share drop. Nvidia's revenue forecast for the current quarter exceeded analyst estimates by only $400 million, marking the second consecutive period of slower growth. Management's assurances of staggering demand for new Blackwell chips failed to trigger a major stock swing, showing that impressing investors will be more difficult.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA's latest earnings report exceeded estimates, but didn't meet Wall Street's
00:06high expectations, leading to a 3% drop in shares. NVIDIA's revenue forecast for the
00:11current quarter exceeded analysts' estimates by only $400 million,
00:14marking the second consecutive period of slower growth. The management's reassurance that a
00:19staggering demand for new Blackwell chips failed to trigger a major stock move to the upside,
00:24showing that impressing investors will be more difficult moving forward.
00:27For all things money, visit Benzinga.com slash GSTV.