Nvidia Pulls Off One of the Wildest Earnings Comebacks Ever… With One Arm Tied Behind Its Back

Let’s not kid ourselves… we all know how this market really works. It might act like it cares about tariffs, the Fed, inflation, or how many times Jerome Powell said “transitory” during a press conference, but most of that’s just noise. At the end of the day, Wall Street plays a game of follow the leader. And the two names everyone’s trailing behind? Apple and Nvidia. That's it. You could shut the rest of the market down for maintenance and no one would notice.

So when Trump came out swinging in April with a fresh round of export restrictions (basically banning Nvidia from selling its China-specific H20 chips) everyone not already shorting the sector was wondering if this was the beginning of the end for the AI trade. Spoiler: it wasn’t. Nvidia just posted $44.1 billion in revenue for the quarter. That’s up 69% from the same time last year. And their data center division, which is the beating heart of the global AI infrastructure, jumped 73% year-over-year. That would be impressive on a normal day. But this happened while they were banned from selling in one of their biggest markets. (Kind of like LeBron putting up 40 after rolling his ankle in the first quarter.)

To be clear, China wasn’t a small piece of the revenue stream pie. Nvidia was expecting to pull in $8 billion from its H20 chips there this quarter alone. Instead, they had to write off $4.5 billion in unsold inventory, and Jensen Huang said they walked away from $15 billion in total potential revenue. And still, they beat expectations. I don’t say this lightly, but I think it’s one of the most impressive quarters I’ve seen from any company in the last few years. (And I sat through all the Zoom and Peloton earnings back in 2021… we’ve come a long way.)

So how’d they pull it off? Global demand (besides China) is making up for it. Nvidia’s chips are still the gold standard for AI, and a lot of countries are desperate to get their hands on them. The Middle East in particular stepped up, with Saudi Arabia and the UAE locking in massive orders. One Saudi-backed startup, Humain, is buying 18,000 of Nvidia’s newest Blackwell chips. Even with China out of the picture for now, Nvidia’s footprint is growing fast. And they’re already talking about ramping up U.S. manufacturing to deal with the shifting global supply chain. Which, if you’ve been paying attention, is smart. (The last thing they need is to get caught in another tariff crossfire because someone in D.C. woke up cranky.)

What really stood out to me though is the market’s reaction. Nvidia’s stock jumped more than 5%, and that bullish energy spread across the entire tech sector. One analyst even called it a “very important guide” for the market right now. It really means: if Nvidia can navigate this mess and still grow at this pace, the AI boom isn’t slowing down anytime soon.

And as long as Nvidia (and yes, Apple) keep putting up numbers like this, I don’t care what the VIX says… the market’s not going anywhere but up.

PS: It’s a mess out there.

One day the market’s ripping, the next day it’s Black Monday all over again. Recent earning’s reports have been a total coin flip. One stock beats and explodes 30%… the next misses by a penny and gets sent to the Shadow Realm. And through it all, everyone’s begging for Jerome Powell to finally cave and cut rates.

But underneath all the panic headlines (“Inflation too sticky!” “Recession imminent!” “Tariffs round 4 incoming!”) something wild is happening…

We’re seeing violent price action. Especially in the small-cap space, where low floats and high anxiety are creating the perfect recipe for 100%+ pops before lunchtime. Some of these names are moving 200%+ in under 24 hours… and to our knowledge, NO ONE else is covering them.

Except us.

Stocks.News Premium members are getting first dibs on these stealth explosions… thanks to our squeeze signal scanner and real-time insider trading tracker that zeroes in on the money before the momentum shows up.

If you’ve been whiplashed by this market or feel like your strategy is stuck in 2022, it’s time to flip the script.

Premium gets you:

• Two breaking trade alerts per week
   
• Access to the same scanners we use to track CEO buys and Capitol Hill moves
   
• Our custom market sentiment tool (that actually works)
   
• Premium stock writeups packed with actual analysis (that’s not boring)

Go here to become a Stocks.News Premium member now.

Stock.News has positions in Apple.