focus on the future

Let’s get to it. Yesterday was all about Nvidia - so much hype, and then… pretty much a damp squib in terms of the reaction.

Here’s what actually happened, what matters longer term, and what’s worth watching next.

Nvidia Earnings: Loads of Noise, Not Much Shock

Nvidia reported after the bell, and the whole market stared at the ticker, barely blinking.

There was a brief wobble when the results dropped, then everyone tried to stitch a story together…

Is growth slowing?

Did data centre growth miss by a tiny amount?

Is China risk a big deal or not?

Honestly, most of it’s pointless noise.

Goldman’s take sums it up.

On a years-ahead view, there’s still a monster opportunity in AI, hyperscaler capex is climbing, and demand is solid.

Yes, there’s risk if the “big four” US megacap spenders tighten the purse strings, but for now, capacity can barely keep up.

The initial down-move in after-hours trading has mostly been recovered now.