Nvidia Forward Guidance Was not Perfect, Market Flat | Wall Street Today
The market was mixed Wednesday, with tech holding its breath. The S&P 500 closed flat. Nvidia earnings came out with revenue and adjusted EPS beat, but forward guidance was below mid-point estimates, sending the stock lower by 2% or so.
At 4:01 p.m. ET, the $Nasdaq Composite Index (.IXIC.US)$ was off 0.32%. The $Dow Jones Industrial Average (.DJI.US)$ was up 0.32% and $S&P 500 Index (.SPX.US)$ was flat for the day, climbing just 0.13 points.
MACRO
Crude Oil Inventories established by U.S. firms and reported by the EIA this week came in lower, at an additional .5M barrels compared to 2.08M last week.
SECTORS
Within industries tracked by moomoo, Bitcoin stocks were flying after $Bitcoin (BTC.CC)$ climbed to all-time highs at $94,886, with $MARA Holdings (MARA.US)$ up 14%, and $MicroStrategy (MSTR.US)$ up 14%, though $Coinbase (COIN.US)$ fell after recently reaching record highs.
$Crude Oil Futures(JAN5) (CLmain.US)$ hovered below 70, with global tensions fueling uneasiness, according to MT Newswires. Stress came from eastern Europe- where Russia said it is altering its policy for the use of nuclear weapons after the Biden Administration permitted Ukraine to use missiles to hit targets in Russia. The policy treats an attack from a non-nuclear power that is backed by a nuclear-armed state as a joint attack, the BBC reported.
Gold climbed. $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ and the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ both fell.
MOOVERS
$Target (TGT.US)$ posted a miss across earnings, revenue, and forward guidance. CEO Brian Cornell said the average ticket price per customer fell, and consumers were spending cautiously. Net income dropped to $854 million, or $1.85 a share, from $971 million, or $2.10. It was the lowest decliner on the S&P 500, falling 20%.
$TJX Companies (TJX.US)$ also reported earnings, the -parent of discount firms like Marshals fell just slightly after its report beat estimates, but its guidance for the future disappointed investors.
$Williams-Sonoma (WSM.US)$ shares climbed 26% after the special retailer showed higher earnings than expected despite a slight drop in revenue. The firm said it expects a larger revenue decline for the year than before, but the stock flew 27% in part because of a new stock buyback program announced in September.
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ shares jumped nearly 16% Wednesday trading after the company announced the development launch for its FX electric vehicle. The company said the FX model's first "prototype mules" had arrived at its China headquarters and would be shipped from Beijing to Los Angeles for product development and testing.
Shares of $Wix.com (WIX.US)$ rose after the company reported higher third-quarter results that topped analysts' expectations. The stock jumped almost 14% to $209.07 after hitting a 52-week high of $213.86 earlier in Wednesday's session. Shares are up 71% since the start of the year.
$NVIDIA (NVDA.US)$ reported Q3 2025 adjusted earnings of $0.81/share, vs estimates of $0.74/share, on revenue of $35.08 vs estimates of $33.25B Wednesday. In a release, the firm said the Blackwell Chips are on the way, due for shipped release in the current fourth quarter, but they have known issues.
Word from the herd: Mooers, what are you watching?
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章允量 :
104476495 : h
103185773 :
JaysonLiew :
山芭佬 :
Tan Chin Seng klang : I love nvd
luozn :
EddieWang : Effort only leads to improvement, not perfection.
KT Number 1 Fan : omg hi kevinnn
74612620 : How many stocks in the US stock market are better than nvidia?
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