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Nvidia Posts $96.2 Billion Q2 Revenue Beat but Stock Slides on Underwhelming Guidance

By Market Flux···1 min read

Nvidia reported fiscal second-quarter revenue of $96.2 billion on Wednesday, well above the roughly $92.2 billion Wall Street had expected, confirming sustained demand for AI infrastructure. Despite the decisive beat, shares fell in after-hours trading after the company's current-quarter revenue forecast of $108 billion, plus or minus 2 percent, disappointed some investors who had hoped for more. The consensus analyst estimate for the current period had been $105.2 billion, making the guidance a modest beat but not the blowout some had anticipated.

Broader markets were already on edge ahead of the print, with major indexes edging lower on Wednesday in light trading. After the results, short-dated Treasuries underperformed and money markets moved to fully price in a Federal Reserve rate hike by December, adding further pressure on equities. CrowdStrike and Salesforce were among notable movers in the session, both surging, while Synopsys declined.

Abercrombie and Fitch posted record second-quarter results before the open, lifting peers including Urban Outfitters.

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Sources

  1. NasdaqWhy Urban Outfitters Stock Rallied Today
  2. benzinga.comBeam Global Stock Rallies Wednesday: What's Going On?
  3. MikeZaccardiThe Dow 30 Ranked: The 2026 Leaders, Losers and Surprise Movers My DJIA technical takes on @stockcharts $DIA $MRK $CSCO $CAT $NKE $IBM $CRM $NVDA
  4. Be In CryptoNvidia Crushes Estimates but Shares Still Slide
  5. InvestingWhy is CrowdStrike stock surging today?
  6. proactiveinvestors.comNvidia Q2 earnings beat expectations with strong data center growth
  7. FirstSquawkWALL STREET TRADERS SENT STOCKS WAVERING IN LATE HOURS AFTER NVIDIA'S EARNINGS, WITH CAUTION PREVAILING AS BONDS FELL ON BETS THE FED WILL RAISE RATES THIS YEAR, AS NVIDIA DECLINED ON A SALES FORECAST THAT LEFT SOME INVESTORS UNDERWHELMED — SEEING CURRENT-PERIOD REVENUE OF $108 BLN PLUS OR MINUS 2% VERSUS A $105.2 BLN AVERAGE ESTIMATE — WHILE SHORT-DATED TREASURIES UNDERPERFORMED AND MONEY MARKETS FULLY PRICED IN A RATE HIKE BY DECEMBER.
  8. forbes.comNvidia Posts $96 Billion Quarter As AI Boom Powers 106% Growth In A Year
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  1. WsjNvidia’s Blowout Second Quarter Leaves Investors Unmoved
  2. ZerohedgeNvidia Slides Despite Blowout Earnings Amid Concerns About Margin Weakness And Future Spending
  3. BenzingaNvidia Q2 FY27 Earnings Call | $NVDA | WATCH LIVE
  4. YahooFinanceA story in 3 parts: Nvidia reports a Q2 beat $NVDA initially sinks -2% $NVDA hovers at -0.3%
  5. fastcompany.comNvidia's Q2 revenue tops $96.2 billion on strong AI chip demand
  6. wsj.comInvestors Brace for Less-Than-Perfect Nvidia Results, Pull Stocks Lower
  7. WSJmarketsInvestors reined in their expectations for Nvidia’s quarterly results in lead-up to the chip maker’s announcement, pulling U.S. stocks fractionally lower
  8. CnbcNvidia reported better-than-expected fiscal second-quarter results and issued revenue guidance that topped estimates. The stock slipped in extended trading on Wednesday. Full details:
  9. seekingalpha.comNvidia Q2: Results Keep Impressing
  10. reuters.comNvidia bounce shows Wall Street's AI obsession is far from over
  11. DecryptNvidia Shares Surge in After-Hours Trading After Record $96.2 Billion Revenue
  12. BbcNvidia revenue doubles on continued AI demand
  13. WallstreetbetsBREAKING: Nvidia $NVDA reverses from red to +5% after hours the company just reported a record $96.2 BILLION in quarterly revenue over $250 BILLION in market cap added after the earnings call Jensen did it again
  14. Seeking AlphaStock futures rise as Nvidia results boost sentiment
  15. LivemintNVIDIA Q2 results | Share price up 11% YTD; is it a stock to buy after earnings and amid AI boom?
  16. cnbc.comNvidia jumps 6% in premarket trading after blockbuster earnings boost AI confidence