NVDA GIVES BACK POST EARNINGS LOSSES. CLAIMS LOWER, GDP PRELIM HIGHER
Thu Aug 28 2025
Nvidia: Earnings weren’t terrible but below market expectations. No H20 chips included in guidance; potential extra $2–4B revenue if licenses go through. Speaker plans to go long Nvidia at the open using short-term call options.Markets:Nasdaq +26 ptsDow +73 ptsS&P 500 +7.5 ptsRussell +11 pts (best performer)European stocks higher, bonds lowerCrypto & Commodities:Bitcoin +2% (113)Ethereum +2.3% (4600)Gold +131% (likely a misstatement, probably +1.31%)Oil –151% (likely misstatement, probably –1.51%)Currencies: USD and JPY relatively flat.Economic Data:Initial jobless claims slightly lower than expected (~2K lower).Q2 Core PCE prices in line.Tomorrow’s monthly PCE data still pending.Fed Commentary: Fed’s Waller speaking at 4 PM. Seen as dovish, may push for rate cuts regardless of PCE data.Other Stocks:Dell reports after close; stock trading higher.ABI call options being managed around $66 strike. Overall: Markets up, Nvidia in focus, Fed still leaning dovish, watching Dell earnings and options plays.
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Nvidia: Earnings weren’t terrible but below market expectations. No H20 chips included in guidance; potential extra $2–4B revenue if licenses go through. Speaker plans to go long Nvidia at the open using short-term call options.Markets:Nasdaq +26 ptsDow +73 ptsS&P 500 +7.5 ptsRussell +11 pts (best performer)European stocks higher, bonds lowerCrypto & Commodities:Bitcoin +2% (113)Ethereum +2.3% (4600)Gold +131% (likely a misstatement, probably +1.31%)Oil –151% (likely misstatement, probably –1.51%)Currencies: USD and JPY relatively flat.Economic Data:Initial jobless claims slightly lower than expected (~2K lower).Q2 Core PCE prices in line.Tomorrow’s monthly PCE data still pending.Fed Commentary: Fed’s Waller speaking at 4 PM. Seen as dovish, may push for rate cuts regardless of PCE data.Other Stocks:Dell reports after close; stock trading higher.ABI call options being managed around $66 strike. Overall: Markets up, Nvidia in focus, Fed still leaning dovish, watching Dell earnings and options plays.