CoinVoice has recently learned that, according to the latest market information, Nvidia (NVDA.O) reported a revenue of $46.7 billion for Q2 of fiscal year 2026, exceeding market expectations of $46 billion. In addition, the company approved an additional $60 billion in stock buybacks. Nvidia provided a modest outlook for Q3 revenue of $54 billion, with a fluctuation of 2%, while market expectations were for $53.46 billion, raising concerns about the slowdown in massive spending in the artificial intelligence sector. After the earnings report was released, Nvidia's stock temporarily fell by 5% in after-hours trading and is currently down 3.14%. This situation is a common occurrence during 'Nvidia earnings night', where market participants typically gamble around earnings expectations, leading to price increases before and during trading. If the earnings report falls short of expectations, it results in a decline; a slight beat over expectations is seen as 'profit taking', which also leads to a drop in stock prices. As a result of Nvidia's stock price decline, Bitcoin dropped by 1.25%, briefly falling below $111,000, and is currently reported at $111,405. ETH briefly fell to $4,482 and is currently reported at $4,513, showing slightly weaker performance compared to Bitcoin. [Original link]

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