Nvidia misses analyst estimates by $4B on the back of AI momentum
reuters.com@dang: This headline is just plain wrong. NVDA’s forecasts are $4b higher than analyst expectations. I have no clue what OP is reading.
Actual headline (for me anyway): Nvidia shares surge 21% as sales forecast jumps and AI booms.
And ... stock is up +20% after earnings.
That’s because this headline is wrong, and not what the article says at all if you bothered to read it.
NVDA forecasts beat by $4b, not missed.
They did miss, but they missed way over; not the normal way finance talks about it.
That’s right. I was being cheeky. Bad idea. Sorry.
Ok, well we’re talking finance.
They beat earnings. By a mile.