NVDA
Not exactly a quiet night
Nvidia did what Nvidia does best: showed up, crushed estimates, and reminded everyone that the AI boom still has plenty of jet fuel left in the tank. Earnings jumped 140% year over year, revenue climbed 85%, and the stock got the kind of after-hours pop that makes traders check whether their screens are plugged in.
The real eyebrow-raiser: $80 billion
Alongside the earnings flex, Nvidia announced an $80 billion share repurchase. That’s not pocket change — that’s a giant neon sign saying the company thinks its own stock still has room to run. For investors, buybacks can matter because they shrink the share count and can boost earnings per share over time.
Why you should care
This isn’t just a “nice quarter” story. Nvidia is still the poster child for AI infrastructure spending, and a result this strong helps keep the whole AI trade humming. The downside? Expectations are now so high that Nvidia has to keep hitting monster numbers like this or the market may start acting like a spoiled child at dessert.
Big picture: when Nvidia sneezes, the AI market checks for a fever. Today, it looked more like a victory lap.