Nvidia Earnings Beat Is Priced In and Guidance Is Not

Nvidia Q2 earnings are expected to show revenue of around $91 billion and earnings per share near $2.08, close to double the level of a year ago. Fiona Cincotta, StoneX Senior Market Analyst, breaks down why a beat is largely assumed and why the guidance line is the number the market is set up around. She works through what the exclusion of China data center sales does to the read on underlying demand, why guidance crossing the $100 billion revenue level would carry more weight than the quarter itself, and how hyperscaler capital expenditure turns one semiconductor release into a signal for the wider AI trade. Gross margins, expected at around 75 percent, measure whether the AI build out is profitable as well as large. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - Beat Is Already Priced In 00:43 - China Sales Stripped From Q2 00:56 - Guidance Nears $100 Billion 01:18 - Hyperscaler Capex Under Watch 02:00 - Margins Test AI Profitability 02:32 - Growth Must Justify the Price Like and subscribe for more financial market insights. #Nvidia #StoneX #FionaCincotta #Semiconductors