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Private Wealth

SUMMARY OF NVIDIA $NVDA Q1 EARNINGS: 1. NVDA beat all headline expectations, raised guidance, AND announce a 10-for-1 stock split. 2. Reported record revenue of $26 billion, up 262% Y/Y and much higher than the consensus estimate of $24.5 billion. 3. Q1 Earnings per share of $6.12, up 461% Y/Y, handily beating estimates of $5.59. 4. Record data center revenue of $22.6 billion, crushing the $21.1 billion estimate. 5. Sees Q2 revenue of $28 billion, blowing past the forecast of $26.8 billion. 6. Nvidia is firing on all cylinders and AI is clearly driving growth. Simply incredible. Instant Reaction: Nvidia $NVDA shares are up 7% in after-hours trading, topping the $1,000 level as investors were encouraged by the strong beat-and-raise quarter and the much anticipated stock-split announcement.

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