Nvidia's Earnings Exceed Expectations Amidst Stock Price Challenges🤔
On the earnings side, Nvidia earnings blew past the median analyst's estimates, with revenue tripling to $18.1 billion in the quarter (with data center making up 80%), and EPS coming in at $4.02 versus $3.36 expected. Forward revenue guidance was placed at $20bln, versus a consensus range of estiamtes in the $18-21bln area. While the absolute earnings results were fantastic, the stock sold off as much as -6% at one point before recovering to trade down -1.5%, as investors have set an incredibly high bar for the company, given the stocks' high multiples and euphoric expectations on AI at the current juncture.
#DataCenter #EPSAboveEstimates #StockPriceDecline #AIExpectations #InvestorChallenges

🔵 Coinbase Global reported robust financial results for Q4 2023, exceeding expectations and demonstrating strong growth across key metrics:

⚫️Revenue reached $953.8m, marking a 51.6% increase year-over-year
⚫️Earnings per share (EPS) stood at $1.04, a significant improvement from -$2.46 in the previous year
⚫️The company surpassed Wall Street estimates with revenue and EPS surprises of +30.31% and +1255.56%, respectively
⚫️Key metrics such as trading volume and net revenue from transaction revenue and subscription services demonstrated notable growth compared to the previous year

#Write2Earn #CoinbaseExchange. #EPSAboveEstimates

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