- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Nvidia's Q2 Revenue Beats Expectations, Drops 5% in After-Hours Trading; Bitcoin Slides 1.25%, briefly dipping below $111,000
BlockBeats News, August 28th, NVIDIA (NVDA.O) reported a revenue of $46.7 billion for the second quarter of its 2026 fiscal year, beating market expectations of $46 billion. Additionally, the company approved an additional $60 billion stock repurchase. NVIDIA provided a flat outlook for the third quarter revenue at $54 billion, fluctuating up or down by 2%, compared to market expectations of $53.46 billion. This has raised concerns in the market about the slowdown in the high spending growth rate in the field of artificial intelligence.
After the financial report was released, NVIDIA's stock initially fell by 5% in after-hours trading, now down by 3.14%. This situation is a common occurrence during "NVIDIA Earnings Nights," where market participants typically speculate based on earnings expectations. This can lead to pre-market and intraday price increases based on expectations, followed by a decline if the results are below expectations. A slight outperformance is seen as "profit-taking," which also leads to a price drop.
Due to the decline in NVIDIA's stock price, Bitcoin fell by 1.25%, briefly dropping below $111,000, and is now trading at $111,405. Ethereum (ETH) briefly dropped to $4,482 and is now at $4,513, showing some relative weakness compared to Bitcoin.
You may also like
Ten Thousand Words Interpretation of STRC: Strategy for Making Money to Buy Coins New Magic
What competitive advantages are still defensible in the AI era?
For Whom the Bell Tolls, For Whom the Lobster Feeds? A Dark Forest Survival Guide for the 2026 Agent Player
Circle CEO's Latest Interview: Stablecoins Are Not Cryptocurrency
Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Why did the star Web3 project Across Protocol choose to abandon DAO?
In fact, ETH scaling is a major benefit for L2
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
The Cryptographic Past of the Middle East
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
App