Nvidia Results Impress, But Shares Fall | The Close 8/26/2026

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Northwestern Mutual Wealth Chief Portfolio Manager, Equities Matt Stucky, JPMorgan Asset Management Executive Director, Global Market Strategist Meera Pandit, Telsey Advisory Group CEO Dana Telsey, NYU Emeritus Professor, Psychology and Neural Science Gary Marcus, Gabelli Funds Portfolio Manager & Managing Director for Growth Portfolios John Belton, AOL Co-Founder Steve Case, Seaport Research Partners Semiconductors & Electronics Senior Analyst Jay Goldberg, Cressent Founding Partner & Chief Investment Strategist Jack Ablin, NYU Professor Stern School of Business Professor Aswath Damodaran, DataBank Incoming CEO Kevin Ooley, & Council on Foreign Relations Senior Fellow for China Chris McGuire. Chapters: 00:00:00 Bloomberg The Close 00:03:25 Nvidia Earnings Preview: Growth, Valuation & Competition 00:10:20 JPMorgan on Inflation, Fed Rates & PCE 00:11:48 Jackson Hole Preview: What to Expect From Kevin Warsh 00:14:08 AI Spending, Debt & Inflation Risks 00:16:14 Top Calls 00:18:21 Abercrombie Surges on Earnings 00:22:39 Gary Marcus on Anthropic’s $30 Trillion AI “Fantasy” 00:26:30 Is the AI Boom Becoming a Speculative Bubble? 00:29:22 Gary Marcus on AI Risks, Regulation & Society 00:32:15 Meta’s $7.8 Billion Teen Social Media Settlement 00:36:37 Nvidia’s High Expectations & Long-Term Growth Questions 00:38:04 Blackwell, Neo-Clouds & Nvidia’s AI Strategy 00:40:09 Nvidia’s Circular Financing & Pricing Power 00:43:00 Vera Rubin & Nvidia’s Next Growth Cycle 00:48:02 Steve Case on AI & the Value of Human Connection 00:49:10 Why Investors Are Turning to Real Estate & Experiences 00:53:22 Salesforce & CrowdStrike Earnings Cross the Wire 00:54:12 Steve Case Compares the AI Boom to the Internet Gold Rush 00:55:16 Vertical AI & the Next Wave of Opportunity 00:57:35 Finding the Winners in an AI-Driven Economy 01:03:18 Nvidia Faces Growing Competition in AI Inference 01:04:39 Vera Rubin, Power Constraints & Nvidia’s Pricing Power 01:05:46 Nvidia Earnings Arrive: Revenue Beats Estimates 01:08:29 Can Vera Rubin Reaccelerate Nvidia’s Growth? 01:10:04 AMD, Google & OpenAI Challenge Nvidia’s Dominance 01:11:53 Nvidia Demand, Supply Constraints & Margin Pressure 01:13:51 Investor Reaction: “Perfection Is the New Consensus” 01:15:39 How Much Margin Compression Can Nvidia Withstand? 01:16:37 Where Are the Next Big AI Investment Winners? 01:18:17 Could Nvidia Repeat Cisco’s Dot-Com Era Fall? 01:19:49 AI’s “Bar Mitzvah Moment”: Investors Demand Real Returns 01:22:37 Nvidia’s Growth & Margins Face Long-Term Pressure 01:24:20 Anthropic’s $30 Trillion Claim Raises More AI Questions 01:28:25 DataBank CEO on the AI Data Center Power Crunch 01:31:03 Power, Grid Constraints & Data Center Moratoriums 01:32:13 How Much AI Infrastructure Spending Is Actually Real? 01:34:22 Should the U.S. Tighten Nvidia Chip Restrictions? 01:35:48 China’s Semiconductor Push & the Impact of Export Controls 01:37:03 Loopholes in U.S. Chip Controls 01:38:27 Can Export Controls Backfire on U.S. Chipmakers? 01:40:29 Nvidia’s Long-Term Growth Story After Earnings 01:41:22 Nvidia’s $279 Billion Supply Commitments -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts