The Rundown Nvidia Tops Earnings Despite Data Center Miss, Snowflake Shares Surge on AI Strength
10 snips
Aug 28, 2025 Stock market trends reveal Nvidia's mixed earnings, with a data center miss affecting its stock despite general success. Retailers like Dick's Sporting Goods and Best Buy show varying performances. Meanwhile, Snowflake's stock skyrockets thanks to AI demand, contrasting with Urban Outfitters, which struggles amid tariff issues. The discussion also touches on the record prize money at the US Open and the surprising expense of food at the tournament, adding a slice of sports to the financial conversation.
AI Snips
Chapters
Transcript
Episode notes
NVIDIA's Beat Felt Like A Miss
- NVIDIA beat revenue and profit but its data-center sales just missed Wall Street estimates.
- The small miss and cautious guidance show investor expectations, not fundamentals, drove the stock drop.
Valuation Raises The Bar
- High valuation amplifies disappointment when results are only 'decent' rather than stellar.
- At a $4.4 trillion market cap, NVIDIA must deliver A-plus reports to satisfy investors.
China Uncertainty Limits Revenue
- Geopolitical tensions materially affect NVIDIA's addressable market in China.
- Management excludes potential $2–$5 billion in China revenue until export and regulatory issues clear up.