NVIDIA Earnings Aftermath :

Welcome back to the the Day Trading newsletter 📈 

Markets closed higher Wednesday as investors held their breath for NVIDIA's earnings. After a big beat (but a seemingly undersized market reaction), all eyes now shift to whether the AI rally has room to run.

Buckle up 👇️ 

💰️ Salesforce cruised past expectations with adjusted EPS of $3.81 versus $3.04 expected, a 25% beat. Revenue hit $11.2 billion, up 12% YoY. Management credited "Agentic AI" for driving enterprise adoption (CNBC)

🔻 GoDaddy tanked 15% despite beating earnings ($1.80 vs $1.58 expected). Soft FY26 guidance of $5.2-$5.3 billion disappointed investors expecting stronger growth from the web hosting giant (Motley Fool)

✂️ Fed's Goolsbee said 3% inflation is "not good enough" and called for holding off on rate cuts. Markets now pricing June as the earliest cut. The fed funds rate sits at 3.64% (CNBC)

💼 Weekly jobless claims edged up to 212,000, modestly higher but still historically healthy. The labor market continues to show resilience despite ongoing tariff uncertainty and policy shifts (Boston Herald)

💸 US spot crypto ETFs pulled in nearly $700 million on Tuesday, one of the largest single-day inflows of the year. BlackRock's IBIT and Fidelity's FBTC led the charge as institutional appetite stays strong (CoinTurk)

🎯 Gold futures settled at $5,226 as the safe-haven bid persists. JP Morgan raised its year-end target to $6,300, citing central bank demand and geopolitical hedging. The all-time high of $5,589 was hit just last month (CBS News)

NVIDIA reported its fiscal Q4 earnings Wednesday evening, and the numbers were staggering: $68.1 billion in revenue, up 73% from a year ago, with data center sales alone hitting $62.3 billion - a 75% jump.

On a full-year basis, the data center business generated $194 billion, scaling nearly 13x since ChatGPT's emergence in 2023.

Despite this tremendous growth, the stock barely moved after-hours despite the blowout beat.

NVIDIA shares are up just 5% in 2026, while the broader Nasdaq is actually down 0.4%. The company that defined the AI trade is suddenly trading like a mature blue chip.

The guidance tells the story of where we're headed. CEO Jensen Huang projected Q1 revenue of $78 billion (well above the $72.6 billion Wall Street expected). Networking revenue surged 263% year-over-year to $11 billion, signaling that data center buildouts are accelerating, not slowing. Huang talked about "space data centers" and deeper OpenAI partnerships during the call.

The AI capex cycle shows no signs of cooling. Microsoft, Meta, Amazon, and Google are all racing to expand infrastructure. But after a 13x run in data center revenue over three years, the easy money has been made.

NVIDIA's still the picks-and-shovels play for AI, but the market is now asking whether the next leg requires something more than compute muscle.

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⚠️ Disclaimer: Not financial advice. Do your research before making any trades.