Nvidia's (NVDA +1.30%) quarterly earnings reports are among the most anticipated events for investors. The company provides a window into the future of technology and, particularly, artificial intelligence (AI) developments. Shares surged about 15% since its fiscal 2026 fourth-quarter report in late February, ahead of its latest results. Now that Nvidia has reported another stellar fiscal 2027 fir...
Nvidia's (NVDA +1.30%) quarterly earnings reports are among the most anticipated events for investors. The company provides a window into the future of technology and, particularly, artificial intelligence (AI) developments. Shares surged about 15% since its fiscal 2026 fourth-quarter report in late February, ahead of its latest results. Now that Nvidia has reported another stellar fiscal 2027 first quarter, investors will be trying to determine where Nvidia stock goes from here. Based on management's latest outlook and the company's penchant for beating that guidance, I predict the stock will continue to push higher over the coming months. Jensen's latest update CEO Jensen Huang told investors in March that he expects Nvidia's leading Blackwell and Rubin GPU chips will bring in $1 trillion in sales through 2027. In the latest report, Huang reiterated that the expansion of AI factories that need its GPU chips continues to accelerate rapidly. Huang summarized his company's enviable position, stating: Nvidia is uniquely positioned at the center of this transformation as the only platform that runs in every cloud, powers every frontier and open source model, and scales everywhere AI is produced -- from hyperscale data centers to the edge. Nvidia has room to run With a market cap of over $5 trillion, investors may feel like the gains have already been made in Nvidia stock. Two things make Nvidia unique, though. Its revenue growth rate for a company this size is unheard of. Quarterly revenue grew 73% year over year in Q4 and another 85% in the most recent quarter. Guidance also calls for about 95% year-over-year revenue growth in the current quarter, which continues the pattern of massive sales growth. That is remarkable, especially given that no sales to China are included in that guidance. Nvidia's gross profit margin also continues to hover around 75%, despite soaring component prices, such as memory chips. That profitability level means its valuation based on the pri...
Key Points A valuation of over $5 trillion shouldn't scare investors away from Nvidia stock. Some may be overlooking what makes Nvidia unique. Nvidia generates enormous free cash flow, and it is increasingly returning some to shareholders. 10 stocks we like better than Nvidia › Nvidia's (NASDAQ: NVDA) quarterly earnings reports are among the most anticipated events for investors. The company provi...
Key Points A valuation of over $5 trillion shouldn't scare investors away from Nvidia stock. Some may be overlooking what makes Nvidia unique. Nvidia generates enormous free cash flow, and it is increasingly returning some to shareholders. 10 stocks we like better than Nvidia › Nvidia's (NASDAQ: NVDA) quarterly earnings reports are among the most anticipated events for investors. The company provides a window into the future of technology and, particularly, artificial intelligence (AI) developments. Shares surged about 15% since its fiscal 2026 fourth-quarter report in late February, ahead of its latest results. Now that Nvidia has reported another stellar fiscal 2027 first quarter, investors will be trying to determine where Nvidia stock goes from here. Based on management's latest outlook and the company's penchant for beating that guidance, I predict the stock will continue to push higher over the coming months. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Jensen's latest update CEO Jensen Huang told investors in March that he expects Nvidia's leading Blackwell and Rubin GPU chips will bring in $1 trillion in sales through 2027. In the latest report, Huang reiterated that the expansion of AI factories that need its GPU chips continues to accelerate rapidly. Huang summarized his company's enviable position, stating: Nvidia is uniquely positioned at the center of this transformation as the only platform that runs in every cloud, powers every frontier and open source model, and scales everywhere AI is produced -- from hyperscale data centers to the edge. Nvidia has room to run With a market cap of over $5 trillion, investors may feel like the gains have already been made in Nvidia stock. Two things make Nvidia unique, though. Its revenue growth rate for a company this size is unheard of. Quarte...
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) has delivered another blockbuster quarter, reporting record first-quarter revenue of US$81.6 billion, up 85% year-on-year, as demand for its artificial intelligence chips continued to dominate global data centre spending. Despite topping Wall Street...
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) has delivered another blockbuster quarter, reporting record first-quarter revenue of US$81.6 billion, up 85% year-on-year, as demand for its artificial intelligence chips continued to dominate global data centre spending. Despite topping Wall Street...
Tokyo Electron unit does not plan appeal TSMC trade secrets ruling By Wen-Yee Lee / Reuters, TAIPEI Tokyo Electron's Taiwan unit today said in a written response that it respects the judicial process, takes the court ruling seriously and would not appeal in the Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) trade secrets case. Last month, a court fined the Taiwan unit of Japan's Tokyo Electron...
Tokyo Electron unit does not plan appeal TSMC trade secrets ruling By Wen-Yee Lee / Reuters, TAIPEI Tokyo Electron's Taiwan unit today said in a written response that it respects the judicial process, takes the court ruling seriously and would not appeal in the Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) trade secrets case. Last month, a court fined the Taiwan unit of Japan's Tokyo Electron NT$150 million (US$4.74 million) in a case involving trade secrets related to TSMC's sensitive chip technology.
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: Nvidia stock dipped, despite 85% sales growth and 62% margins. Musk versus OpenAI Round 2: SpaceX files for IPO ahead of OpenAI . Stocks and bonds rallied together, driven by hints of good news on Hormuz . Many FOMC members wanted to drop their easing bias altogether last month. Bank Indonesia hiked by...
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: Nvidia stock dipped, despite 85% sales growth and 62% margins. Musk versus OpenAI Round 2: SpaceX files for IPO ahead of OpenAI . Stocks and bonds rallied together, driven by hints of good news on Hormuz . Many FOMC members wanted to drop their easing bias altogether last month. Bank Indonesia hiked by 50 basis points as inflationary pressures gained a hold. AND: Some Memorial Day reading and listening. Nvidious Narratives Markets are driven by narratives; George Soros , Robert Shiller and others tell us that, and it’s true. We also love to attack hubris , a sin ever since the Greek tragedians coined the word. AOL’s merger with TimeWarner was the prideful peak of the dot-com bubble, Citi’s CEO disastrously called the top in 2007 by saying “ as long as the music’s playing, you’ve got to get up and dance,” and Glencore’s IPO called the end to the bull market in metals in 2011. What will hindsight make of Wednesday? Nvidia Corp. announced 85% sales growth and 62% margins, and its stock dropped because investors wanted more; then SpaceX announced an IPO in which Elon Musk keeps 85%, with plans for data centers in space and asteroid-mining. This sounds like hubris , if not Ozymandias . Or a Bond villain . SpaceX’s prospectus is literally jaw-dropping, and Points of Return will cover it in future. It rendered Nvidia’s incredibly strong earnings a non-event: The focus has shifted to whether the chipmaker can keep its dominant share of the artificial intelligence “cake.” Nvidia’s revenue growth shows that the momentum of the AI data-center buildout is if anything accelerating: The company rammed home its confidence with an additional $80 billion in share repurchases, in what ranks among the largest capital return commitments in corporate history. And profit margins continue to tower over industry benchmarks: Wednesday’s earnings suggested Nvidia’s grip on pricing remains remarka...
SoftBank ( SFTBF ) jumped nearly 20% on Thursday on the Tokyo exchange after reports about OpenAI ( OPENAI ) preparing to file for an IPO as soon as Friday surfaced. SoftBank ( SFTBY ) is a major shareholder in OpenAI ( OPENAI ), holding more than a 10% stake, making it one of the largest direct beneficiaries of any valuation re-rating tied to the IPO. The sentiment was further boosted by expectat...
SoftBank ( SFTBF ) jumped nearly 20% on Thursday on the Tokyo exchange after reports about OpenAI ( OPENAI ) preparing to file for an IPO as soon as Friday surfaced. SoftBank ( SFTBY ) is a major shareholder in OpenAI ( OPENAI ), holding more than a 10% stake, making it one of the largest direct beneficiaries of any valuation re-rating tied to the IPO. The sentiment was further boosted by expectations that SB Energy , a SoftBank-backed infrastructure business, is also preparing to submit a confidential IPO filing in the U.S., adding another potential listing pipeline. The broader move was also supported by strength in global tech, with semiconductor stocks rising after strong Nvidia ( NVDA ) results, boosting confidence in AI-driven capex and infrastructure demand. More on SoftBank Group Corp., OpenAI OpenAI IPO Will Be An Artificial Intelligence Bubble Litmus Test Wall Street Lunch: Ex-OpenAI Researcher's Fund Shorts Nvidia, AI Chip Stocks SoftBank Group Corp. (SFTB:CA) Q4 2026 Earnings Call Transcript Leading AI chatbots produce inaccurate or biased results 90% of time on election topics: study Traders bet big on OpenAI beating Anthropic to IPO first
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Getty Images Key takeaways 1 The fund outperformed its benchmark in the first quarterStrong stock selection in information technology ( IT ) and industrials added to relative return. Weakness in energy and health care partially offset the favorable results. 2 The S&P 500 Index ( SPY ) had its worst quarterly return since 2022US financial markets had a volatile first quarter, marked by shifting mon...
Getty Images Key takeaways 1 The fund outperformed its benchmark in the first quarterStrong stock selection in information technology ( IT ) and industrials added to relative return. Weakness in energy and health care partially offset the favorable results. 2 The S&P 500 Index ( SPY ) had its worst quarterly return since 2022US financial markets had a volatile first quarter, marked by shifting monetary policy expectations, geopolitical instability and uneven economic data. 3 We remain focused on premier growth compoundersTechnology driven innovation has continued to disrupt large portions of the global economy, providing in our view substantial opportunities through investment in premier growth compounders. We remain focused on capturing those opportunities for fund shareholders. Manager perspective and outlook • Invesco ( IVZ ) US Growth Team's previously constructive outlook for US equities has been at least temporarily upended by events in the Middle East. The supply shock to oil and other essential commodities resulting from the conflict has been spurring a bearish recalibration of economic growth and inflation expectations. • We have prioritized risk management pending resolution of the conflict. Once that occurs, we anticipate a resilient economy, solid corporate profit progress, active merger and acquisition activity and high-profile IPOs ((initial public offerings)). • Meanwhile, the pace of artificial intelligence-related ( AI ) innovation and infrastructure build-out has remained robust while industrial renewal still provides abundant investment opportunities in our view. We continue to focus on bringing the potential of premier growth companies to fund shareholders. Top issuers ((% of total market value)) Fund Index Hilton Worldwide Holdings Inc ( HLT ) 3.21 2.50 Monolithic Power Systems Inc ( MPWR ) 3.14 1.82 Quanta Services Inc ( PWR ) 2.91 2.26 Comfort Systems USA Inc ( FIX ) 2.91 1.73 Howmet Aerospace Inc ( HWM ) 2.45 3.33 MasTec Inc ( MTZ ) 2.24 0.15...
Members of the Samsung Electronics labour union hold flags as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company's foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images) Jung Yeon-je | Afp | Getty Images Shares of Samsung Electronics jumped more than 6% on Thursday after its labor union suspe...
Members of the Samsung Electronics labour union hold flags as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company's foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images) Jung Yeon-je | Afp | Getty Images Shares of Samsung Electronics jumped more than 6% on Thursday after its labor union suspended a planned 18-day strike late Wednesday, easing concerns over disruptions at the South Korean chipmaker. The union had said the strike would proceed after the government-mediated talks collapsed on Wednesday. However, another round of negotiations led by South Korea's minister for labor and employment Kim Young-hoon resulted in a tentative agreement. The gains in Samsung were also supported by optimism across semiconductor stocks after Nvidia reported another strong quarter overnight, with revenue surging 85% to $81.62 billion from $44.06 billion a year earlier. Samsung's labor union said in a statement that the general strike was suspended , and all union members would participate in a vote from May 22 to 27 on the tentative wage agreement. During a briefing streamed by government broadcaster KTV on YouTube, Kim emphasized that this was still a provisional agreement, and there is still a "long way to go before the final agreement." He added there were various outstanding issues but the gap between the two sides had "narrowed considerably", adding that the union had made significant concessions. According to South Korean media outlet Yonhap , the hugely profitable chip division would receive 40% of the total bonus pool, while the other business units would receive 60%. A contentious decision on how to divide bonuses among Samsung's loss-making divisions was deferred for a year, Yonhap reported. Reuters reported that Samsung would allocate a special bonus equivalent to 10.5% of operating profits to its chip division, while accepting the union's demands to link bonuses to...
Nvidia (NVDA) just delivered another beat-and-raise print, and the nvda earnings buy hold trim debate is back in every trading chat. The numbers were big, the guide was bigger, and Blackwell shipments are finally moving at scale. The question is no longer whether the AI cycle is real. It is whether the easy money in Nvidia (NVDA) has already been made. Here is the full nvidia q1 fy27 reaction and ...
Nvidia (NVDA) just delivered another beat-and-raise print, and the nvda earnings buy hold trim debate is back in every trading chat. The numbers were big, the guide was bigger, and Blackwell shipments are finally moving at scale. The question is no longer whether the AI cycle is real. It is whether the easy money in Nvidia (NVDA) has already been made. Here is the full nvidia q1 fy27 reaction and the nvda blackwell trade playbook from here. Headline Numbers: Revenue, EPS, Gross Margin vs Consensus Nvidia reported total revenue of $81.6 billion for Q1 FY27, up 85% year over year and 20% sequentially. That is a clean beat against the buy-side whisper near $79 billion. Non-GAAP EPS landed at $1.87, up 140% year over year, with GAAP EPS at $2.39, up 214%. Gross margin held at 74.9% GAAP and 75.0% non-GAAP, defending the bull view that Blackwell mix is not yet a margin headwind. Q2 FY27 guidance of $91.0 billion plus or minus 2% implies another double-digit sequential step up. The board also approved a fresh $80 billion buyback, returned $20 billion in Q1, and raised the quarterly dividend from $0.01 to $0.25. Data Center Growth and Hyperscaler Capex Signals Data Center revenue printed at $75.2 billion, up 92% year over year and 21% sequentially. That single line item is now larger than the entire revenue base most semiconductor peers will report this year. The 21% sequential growth matters more than the headline. It confirms hyperscaler capex from Microsoft, Google, Meta, and Amazon is still translating into actual shipments, not just press releases. Edge Computing revenue came in at $6.4 billion, up 29% year over year. The Q1 print confirms AI infrastructure spending is still in its expansion phase, and semiconductor leaders with locked-in hyperscaler order books remain the cleanest way to express that view in a portfolio. Verdict: Buy the Beat, Hold the Position, or Trim After the Print Our base case is hold the core position, trim only the trading sleeve, and reserve...