All Eyes On Nvidia -- Earnings To Be Reported After Hours -- November 20, 2024

Locator: 44367NVIDIA.

Fedspeak: rate cut environment continues. 

Prelude: 

• SNOW up about 10% immediately after hours; up over $17 / share after-hours. 
• beats on top and bottom line; much better than expected; shares up about 13%
  
• revenue: $942 million vs $897 million
• EPS: 20 cents vs 15 cents 
• one of the best quarters ever for SNOW
  
• Palo Alto Networks down about 6%.
• announces 2 - 1 stock split
  

After the close, and the earnings report:

• slightly green immediately after hours before earnings report; starting to move up after hours? Subtle? Tea leaves?
• the only thing that matters: "data centers."
• here we go: early trades -- NVDA down about 5%
  
• EPS: 81 cents vs 75 cents
• revenues: $35.08 billioin  vs $33.16 billion
  
• guidance "incredible"
• data center numbers are incredible
• all earnings and guidance can be found at twitter;
  

After earnings reported: 

Just prior to the close:

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Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  
• If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.
• Longer version here.