BiyaPay Analyst: NVIDIA Earnings Report May Impact US Stock Market AI Craze
BlockBeats News, August 28th, NVIDIA announced a revenue of 46.743 billion U.S. dollars for the second quarter of its 2026 fiscal year, a year-on-year increase of 56%, slightly higher than the analyst's expected 462.3 billion U.S. dollars. Among them, the data center revenue in the second quarter was 41.1 billion U.S. dollars, slightly lower than the analyst's expected 41.29 billion U.S. dollars. Moreover, the performance guidance provided was not impressive enough, raising concerns in the market about the slowing momentum of AI spending.
After the financial report was released, NVIDIA's stock price fell by more than 5% in after-hours trading. U.S. chip stocks and AI concept stocks followed suit with declines, with AMD and Broadcom falling by more than 1%, and AMD falling by more than 2%. Bitcoin briefly fell below $111,000, and ETH also came under pressure, falling to $4,482.
BiyaPay analysts stated that the financial report has impacted investor confidence and fund flows. The NVIDIA financial report may affect the continuation of the U.S. stock market's AI boom. The BiyaPay multi-asset trading wallet will continue to provide users with one-stop services such as global remittances, cryptocurrency trading, and U.S.-Hong Kong stock investments, helping investors remain agile in the complex market environment.
You may also like
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?
A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine
How to choose between buying discounted ETH, Bitmine, and SharpLink?
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?
A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine
Popular coins
Latest Crypto News
