Nvidia(US:NVDA) 第一财经·2025-05-28 23:43Core Viewpoint - The article discusses the recent performance of the U.S. stock market, particularly in relation to the Federal Reserve's meeting minutes and the earnings report from Nvidia, highlighting the mixed performance of tech stocks and the implications for the market outlook. Market Overview - On Wednesday, U.S. stocks closed lower with the Dow Jones down 244.95 points (0.58%) at 42,098.70, the Nasdaq down 0.51% at 19,100.94, and the S&P 500 down 0.56% at 5,888.55 [1] - The Federal Reserve's meeting minutes indicated a challenging balance between rising inflation and unemployment, suggesting a cautious approach until the economic impact of government policy changes becomes clearer [1] - The 2-year U.S. Treasury yield rose by 4.4 basis points to 3.99%, while the 10-year yield increased by 4.7 basis points to 4.78% [1] Individual Stock Performance - Major tech stocks showed mixed results: Tesla down 1.6%, Microsoft down 0.7%, Amazon down 0.6%, Nvidia down 0.5%, Google down 0.3%, while Apple rose 0.1% and Meta increased by 0.2% [2] - The Nasdaq China Golden Dragon Index fell by 0.6%, with Alibaba and JD.com dropping over 2% and Baidu down 0.9% [3] Nvidia's Earnings Report - Nvidia reported strong earnings with revenue of $44.04 billion, a 69% year-over-year increase, surpassing market expectations of $43.31 billion [5] - Net profit increased by 26% to $18.8 billion, with adjusted EPS at $0.96, exceeding the expected $0.93 [5] - The data center segment, including AI chips, saw a 73% sales growth to $39.1 billion, accounting for 88% of total revenue [5] - The gaming segment revenue grew by 42% to $3.8 billion, while the automotive and robotics segment increased by 72% to $567 million [5] - Nvidia spent $14.1 billion on stock buybacks and paid $244 million in dividends during the quarter [6] - CEO Jensen Huang stated that global demand for Nvidia's AI infrastructure is very strong [7] - For the second quarter, Nvidia expects revenue of approximately $45 billion, which includes an estimated $8 billion loss due to recent export restrictions [8] Other Company Updates - Dick's Sporting Goods shares rose by 1.7% after reporting better-than-expected first-quarter results [10] - Okta's shares plummeted by 16% as the company maintained its full-year outlook but warned of potential risks related to the uncertain economic environment [10]