Nvidia misses analyst estimates by $4B on the back of AI momentum

qeternity wrote: post #3

samspenc wrote: post #2

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.

Re: Nvidia misses analyst estimates by $4B on the back of AI momentum

#6

Post by kristianp » Wed, May 24, 2023, 9:13 PM UTC

qeternity wrote: post #4

@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.

Re: Nvidia misses analyst estimates by $4B on the back of AI momentum

#7

Post by qeternity » Thu, May 25, 2023, 12:09 AM UTC

bombcar wrote: post #5

qeternity wrote: post #3

Earlier quoted context omitted.

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.

Ok, well we’re talking finance.

They beat earnings. By a mile.

Re: Nvidia misses analyst estimates by $4B on the back of AI momentum

#8

Post by dschol » Thu, May 25, 2023, 1:06 AM UTC

bombcar wrote: post #5

qeternity wrote: post #3

Earlier quoted context omitted.

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.