Wall Street closed slightly lower on Thursday (19 Feb) as rising tensions between the US and Iran weighed on investor sentiment. Markets turned cautious after rallying earlier in the week amidst continued volatility in stock markets. The tech-heavy $NASDAQ 100(NDX)$ fell 0.4%, while the broader $S&P 500(.SPX)$ closed 0.3% lower. Correspondingly, the Nasdaq 7x Short DLC rose about 2.9%, while the Nasdaq 7x Long DLC fell by a similar magnitude. Market volatility continues to remain elevated, with the CBOE Volatility Index (VIX) hovering above 20, above its 50, 100, and 200-day moving averages. Among our DLC-
Nvidia Earnings: Beat Is Expected, But Can Capex Hold Up?
Nvidia will report on Feb 25. Consensus sits at $65.58B. The real question isn’t whether Nvidia delivers, but whether customers can sustain this pace of AI capex. Jensen Huang also teased “never-before-seen” chips at GTC, potentially Rubin derivatives or the next-gen Feynman architecture focused on inference. Will Nvidia widen the gap between infrastructure winners and everyone else? If growth slows even marginally, does AI capex shift from “grab compute” to “prove ROI”? Will NVIDIA beat and reclaim $200?
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