Nvidia approaches earnings with $215.9B revenue, up 65.5% year over year
Stocks rebounded ahead of Nvidia’s earnings, while Treasury Secretary Scott Bessent faced criticism over bond buying and his Iran strategy. Nvidia’s results now sit at the center of a market test for AI demand and software valuations after the stock’s losing streak.
File photo · NVIDIA’s headquarters, Santa Clara · Aug 2018 · Coolcaesar · CC BY-SA 4.0 · Source & licenseThe story
The Bloomberg Television segment previewed the U.S. trading day with Nvidia approaching its earnings release after a run of declines. It also highlighted pushback against Treasury Secretary Scott Bessent: Stan Druckenmiller called the department's bond buying a mistake, while Bessent's Iran strategy was described as potentially putting Washington on a collision course with Beijing.
Nvidia is the clearest single-name focus in the report. The company's fiscal-year 2026 revenue was $215.9B, up 65.5% year over year, with a 71.1% gross margin, a 55.6% net margin and $4.90 in diluted EPS.
The immediate catalyst is Nvidia's earnings release, with software stocks and broader equity sentiment positioned as secondary read-throughs.
Our read · Wed, Aug 26
Nvidia’s $215.9B revenue base and 65.5% growth keep the fundamental tape strong, but the pre-earnings losing streak leaves NVDA facing a high-bar event risk rather than a clean upside setup.
Why. The setup is fundamentally strong but tactically unresolved: Nvidia’s $215.9B revenue and 65.5% year-over-year growth support the AI-demand case, while the losing streak and absent earnings benchmarks prevent a defensible directional call. The earnings release is the decisive event, but the report does not supply a dated release or enough forward estimates to set a measured target and stop.
Both cases
What could change this view: A result or outlook that fails to extend the company’s $215.9B revenue trajectory could turn the existing losing streak into a broader de-rating; a strong report could instead invalidate the cautious read through a renewed AI-spending impulse.
Who reported it · 5
Related by name
Keep reading
More on NVDA
Nvidia tells cloud providers most data-centre clients must be non-ChineseNvidia CEO Huang reportedly linked to Chinese spy probe as AI stocks slideNvidia invests $3 billion in Meta as firms partner on Muse AI agentMeta seeks $95 billion in stock deals as chipmakers weigh share purchasesTesla and Nvidia reportedly invest $2.8 billion in Samsung Electro-MechanicsLatest on the Wire
SMCI files 10-Q — Quarterly Report: 10-QHims ends GLP-1 compounding in Lilly deal as shares rallyUS adds 165,000 jobs in October as wages rise and unemployment fallsTrump weighs renewed Iran strikes as negotiators review a new proposalBitcoin holds $76,000 as Nasdaq futures rebound 1.5% before jobs dataContinue on the Wire →Latest on the Wire
Bitcoin holds $76,000 as Nasdaq futures rebound 1.5% before jobs dataModerna swings to profit as cancer-vaccine momentum gathers paceFed holds rates as stable labor market keeps December hike on trackTesla to wind down Cybertruck production as Musk pivots to roboticsContinue on the Wire →Top this week
Democrats sweep Congress, setting Trump up for legislative gridlockFutures rebound after blue sweep as dollar slides and gold tops $4,000Bitcoin plunges as AI chip selling drags Nasdaq down more than 2%Trump’s Republican Party faces a midterm verdict from US voters todayBitcoin faces renewed pressure as Binance hack intensifies market fearAbout this report
Reported by Bloomberg Television as Stocks Bounce Before Nvidia as Bessent Faces Pushback
, . Who answers for this
5 reports from 2 publishers in this record. Closes are licensed end-of-day data from Databento; the move after a story is its first close against the close before it. How this is decided →
Kept as written · your side, if you take one, is graded privately against licensed closes after 10 trading days · nothing here is advice · How the Wire is made →