You could almost hear the collective sigh of relief after NVIDIA dropped its earnings last night. The company delivered, again, and the market rewarded it with a +5% jump after hours.
NVIDIA posted another monster quarter, proving (at least for now) that the AI narrative still has momentum and the megacap spending spree isn’t slowing down. For the moment, everyone seems reassured: the story lives, the rally lives, and the hype machine keeps humming.
I’m still a bit skeptical, though. These massive AI infrastructure investments from the Mag7 and beyond will need to translate into real, sustainable revenue and earnings growth at some point. That isn’t guaranteed. But for now, the crowd is happy - and the relief rally tells you everything about where sentiment stands.
Here you find the official numbers. What do you think about it?