Happy Nvidia Earnings Day!
Tonight’s the night, ladies and gentlemen. Nvidia — the world’s biggest company — is about to lift the curtain on earnings, and my crystal ball is humming. Will they smash that $55 billion revenue expectation and drop another 73%-gross-margin mic on the table? Probably. Will Jensen Huang appear in a leather jacket and casually remind us that China doesn’t even matter to his forecast anymore? Also likely.
But here’s the real suspense: how will markets react? While AI deals were flying a month ago fueling enthusiasm and market euphoria, today everyone’s whispering about rising debt. Not helping, fading expectations of...