Group 1: Canadian Market Performance - Gains in the Canadian stock market were primarily in the technology and financial sectors, with the S&P/TSX composite index rising by 156.95 points to 34,127.33 [1][2] - BMO Financial Group shares increased by 3.82% after reporting profits that exceeded analyst expectations, despite facing charges related to layoffs and signs of consumer strain [1][2] - National Bank of Canada saw a profit increase to $1.25 billion from $997 million year-over-year, aided by its acquisition of Canadian Western Bank, resulting in a 6.63% share price increase [2] Group 2: U.S. Market Performance - In New York, the Dow Jones industrial average rose by 307.65 points to 49,482.15, while the S&P 500 index increased by 56.06 points to 6,946.13, and the Nasdaq composite was up by 288.40 points to 23,152.08 [3] - Technology companies were the primary drivers of the U.S. stock market's recovery, erasing previous losses for the week [3] Group 3: Nvidia's Market Influence - Nvidia, a leading artificial intelligence chipmaker, rose by 1.4% ahead of its profit report, significantly influencing the S&P 500 due to its large market value [4] - Nvidia's earnings reports have become critical indicators for the market, reflecting the broader impact of the AI boom on economic productivity [5] - Concerns have emerged regarding whether major companies like Alphabet and Amazon can recoup their investments in Nvidia's chips, which could lead to reduced spending and directly affect Nvidia [6] Group 4: Market Sentiment and Trends - Investors are increasingly wary of companies that may be threatened by AI-powered competitors, leading to rapid sell-offs in various industries, including software, trucking logistics, and legal services [7] - The Canadian dollar traded at 73.07 cents US, showing a slight increase from 72.95 cents US [7] Group 5: Commodity Prices - The April crude oil contract decreased by 21 cents to $65.42 per barrel, while the April gold contract rose by $49.90 to $5,226.20 per ounce [8]

Heading into NVDA's earnings, we said that all else equal, the bare minimum for the stock - which has underperformed peers rather dramatically in recent months - to outperform, was to (solidly) beat expectations of another 2+2 quarter, i.e., beat the guide by $2BN and beat Street expectations for the April quarter guide by $2BN. What they got was a blowout 2.2+5: Q4 revenues beating by $2.2BN and guidance beating the midpoint by about $5BNHere are the details from the just completed Q4:Adjusted EPS $1.62, b ...

Core Insights - The chipmaker's earnings report comes amid a market still experiencing uncertainty related to AI developments [1] Group 1: Company Performance - The chipmaker's earnings reflect the ongoing challenges in the market, particularly influenced by AI-related concerns [1] Group 2: Market Context - The overall market remains shaky, indicating broader implications for the semiconductor industry and its stakeholders [1]

Nvidia Corporation (NASDAQ:NVDA) reported highly anticipated fourth-quarter financial results on Wednesday after market close.With expectations high for the company coming into the print, here are the key highlights and a look at what's next for the company.Nvidia Q4 EarningsNvidia reported fourth-quarter revenue of $68.13 billion, up 73% from last year's fourth quarter. The record revenue total beat a Street consensus estimate of $66.0 billion, according to data from Benzinga Pro.The company reported quart ...

来源：滚动播报 英伟达：预计第一季度销售额高于预期。 ...

每经AI快讯，英伟达盘后涨0.3%。 ...

来源：滚动播报 英伟达：自ChatGPT出现以来，数据中心业务收入增长近13倍。 ...

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketStocks kicked off on a positive note and kept the upward momentum rolling most of the day, led by gains in tech heavyweights.Nvidia rose about 1% heading into its big earnings report after the bell (alongside Salesforce and Snowflake), as traders recalibrate those sky-high valuations and get a bit skeptical on how much bang they’re getting from hyperscalers’ massive AI capex spending.Oracle jumped 3% to lead the software ...

Revenue Growth - Fiscal year 2026 revenue reached $215.9 billion, a 65% increase from $130.5 billion in fiscal year 2025[247] - Data Center revenue grew by 68% year-over-year, driven by accelerated computing and AI solutions[248] - Gaming revenue increased by 41% year-over-year, supported by strong demand for Blackwell products[248] - Professional Visualization revenue rose by 70% year-over-year, attributed to high demand for Blackwell and the launch of DGX Spark[249] - Compute & Networking revenue increased by 67% to $193,479 million in fiscal year 2026, driven by demand for the Blackwell computing platform and a 59% growth in Data Center computing[269] - Graphics revenue rose by 57% to $22,459 million, attributed to sales of the Blackwell architecture[270] - Total revenue for fiscal year 2026 reached $215,938 million, a 65% increase compared to $130,497 million in fiscal year 2025[269] Operating Performance - Operating expenses for fiscal year 2026 were $23.1 billion, up 41% from $16.4 billion in fiscal year 2025[250] - Operating income for Compute & Networking segment increased by 57% to $130,141 million, despite a $4.5 billion charge related to excess inventory[270] - Total operating expenses rose by 41% to $23,076 million, driven by a 43% increase in research and development expenses[280] - The gross margin for fiscal year 2026 was 71.1%, down from 75.0% in fiscal year 2025, impacted by the transition to Blackwell solutions[250] - Gross margin decreased to 71.1% in fiscal year 2026 from 75.0% in fiscal year 2025, impacted by the transition to Blackwell solutions and inventory charges[278] Net Income and Cash Flow - The net income for fiscal year 2026 was $120.1 billion, a 65% increase from $72.9 billion in fiscal year 2025[247] - Cash and cash equivalents increased to $10,605 million in fiscal year 2026 from $8,589 million in fiscal year 2025[289] - Net cash provided by operating activities was $102,718 million, up from $64,089 million in fiscal year 2025, reflecting higher revenue[290] Shareholder Returns - The company repurchased 282 million shares for $40.4 billion in fiscal year 2026, with an additional $60 billion share repurchase authorization approved[295] Tax and Capital Expenditures - Income tax expense increased to $21.4 billion in fiscal year 2026, with an effective tax rate of 15.1% compared to 13.3% in fiscal year 2025[285] - Capital expenditures for fiscal year 2026 were $6.1 billion, up from $3.4 billion in fiscal year 2025, with an expectation to increase further in fiscal year 2027[303] Investments and Partnerships - Investments in private companies and infrastructure funds totaled $17.5 billion, primarily to support early-stage startups in AI[251] - The company is finalizing an investment and partnership agreement with OpenAI, although completion is not guaranteed[302] - The company expects to continue investing in its ecosystem to support future growth[302] Foreign Exchange and Financial Risks - Direct exposure to foreign exchange rate fluctuations is considered minimal, as most sales are in U.S. dollars[312] - An adverse 10% foreign exchange rate change would impact income before taxes by $124 million as of January 25, 2026[315] - If the U.S. dollar strengthened by 10%, it would have an adverse impact of $180 million on accumulated other comprehensive income related to foreign exchange contracts[314] - A hypothetical 10% decrease in publicly-held equity securities would reduce their fair value by $1.8 billion as of January 25, 2026[309] - The company had $8.5 billion of senior Notes outstanding at the end of fiscal year 2026, with no financial statement risk from interest rate changes due to fixed rates[308] - A 0.5% decrease in the yield curve would decrease the fair value of the investment portfolio by approximately $0.2 billion[307] Supply Chain and Infrastructure - The company is expanding its supply chain from Asia to the U.S. and Latin America to enhance resilience and meet AI infrastructure demand[244]

Core Insights - The chip maker reported a net income of $43 billion, reflecting a 35% increase year-over-year, driven by the growing demand from the AI industry [1] Financial Performance - The net income of $43 billion indicates significant financial growth, showcasing the company's strong position in the market [1] - The 35% year-over-year increase highlights the robust expansion and profitability linked to the AI sector's increasing appetite for chips [1]