Nvidia stock stalls despite $6B revenue guide beat. Here’s why.

00:00 Speaker A

let me get over to Nvidia now. Entirely different story. I I am surprised to see the stock reaction to this when you see, I don’t think I’ve ever seen a company other than Nvidia say that their current quarter outlook is going to be $6 billion dollars ahead of consensus forecast in terms of revenue. I mean that $6 billion dollars, that’s what a whole what some companies put up all year in terms of revenue. Um, what is wrong with the stock?

00:24 Nancy

No catalyst in short. We can see in our data based on visible Alpha consensus, you’re right. I mean, let’s say the uh Q1 guide is 78, uh 77 to 79 billion. Consensus was 72.4, but the gross margin was already there. And looking out to the rest of the year, gross margin is is remaining at that mid 70s level. So we’re not getting that

01:01 Nancy

alpha in the in the fundamentals as we have in the past and I think the market is saying is this fully priced in? It’s asking that question and I and we see that reflected in the way that the stock is behaving this morning.

01:21 Speaker A

Nancy, what is, what would quantify as a new, fresh, spanking new catalyst on Nvidia. If if if trillions being spent to build out AI infrastructure isn’t a catalyst, what do we need to see to get Nvidia working again?

01:43 Nancy

Yeah, yeah, so I might just respectfully disagree on on um on this point. Uh, we saw this feels very much like deep seek to me and what we saw then was…