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
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
