Nvidia earnings live: Stock falls on data center revenue miss. Also: Snowflake pops, CrowdStrike drops

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quarter.Companies had lower expectations to clear coming into the quarter — analysts expected S&P 500 earnings to rise 5% in Q2, the slowest pace of earnings growth since Q4 2023 — amid President Trump's tariffs, stocks' lofty valuations, and uncertainty about the health of the US economy.Nvidia (NVDA) results on Wednesday after the bell highlights the week.Other companies reporting include PDD Holdings (PDD), Alibaba (BABA), Okta (OKTA), Abercrombie & Fitch (ANF), CrowdStrike (CRWD), Five Below (FIVE), HP (HP), Kohl's (KSS), Snowflake (SNOW), J.M. Smucker (SJM), Urban Outfitters (URBN), Affirm (AFRM), Best Buy (BBY), Bath & Body Works (BBWI), Dick's Sporting Goods (DKS), Dell (DELL), Dollar General (DG), Gap (GAP), Petco (WOOF), Wolfspeed (WOLF), Bank of Montreal (BMO), MongoDB (MDB), and Ulta (ULTA).Meanwhile, markets will continue to digest last week's commentary on the health of consumer spending from Walmart (WMT), Target (TGT), Home Depot (HD), and Lowe's (LOW).Here are the latest updates from corporate America.LIVE 300 updatesFeaturedNvidia stock falls after data center revenue misses estimatesNvidia (NVDA) stock dropped on Thursday after the AI chipmaker reported a Q2 data center miss. The Jensen Huang-led company beat estimates on the top and bottom lines and issued Q3 revenue guidance above expectations.Here's what Nvidia reported against Wall Street analyst estimates, according to Bloomberg data:For the third quarter, Nvidia forecast revenue of around $54 billion plus or minus 2%. Expectations were for $53.4 billion.Nvidia stock declined 1.2% in premarket trading on Thursday. It initially fell 4% after hours following the report's release. Going into the report, options showed traders had priced in a post-earnings swing of roughly 6% — or about $260 billion — in Nvidia shares.Read more here.15 mins agoGrace O'DonnellBurlington Stores CEO says next several months will be 'challenging' due to tariffsBurlington Stores expects the next several months to be "challenging" as it battles higher tariff costs.Still, the off-price retailer raised its financial targets for the year and now sees earnings per share in a range of $9.19 to $9.59 instead of the previously forecast $8.70 to $9.30.“The environment has become more uncertain since March, especially with regard to tariffs," the company's CEO, Michael O’Sullivan, said in a statement. "We anticipate that tariffs will put significant pressure on our merchandise margin, but we are confident that, as long as tariffs do not increase from current levels, we can offset this pressure elsewhere in the P&L. These offsets, together with our Q1 earnings favorability, provide a path to achieving our original guidance.”Burlington's Q2 results were better than expected. The retailer reported earnings per share of $1.47 on $2.7 billion in revenue. Wall Street expected earnings of $1.25 per share on revenue of $2.6 billion, according to S&P Global Market Intelligence.24 mins agoGrace O'DonnellDick's raises outlook on strong sporting goods demandDick’s Sporting Goods (DKS) stock rose modestly ahead of the opening bell after the retailer beat earnings estimates and reported an upbeat outlook for the year.Earnings per share of $4.71 beat expectations of $4.28 per share. Revenue of $3.64 billion also beat estimates for $3.60 billion.More from Bloomberg:Read more here.27 mins agoGrace O'DonnellHormel Foods sees quarterly profit below estimates as commodity costs riseReuters reports:Read more here.31 mins agoGrace O'DonnellChina slowdown, auto competition weighs on Li Auto's outlookBeijing-based automaker Li Auto (LI) missed earnings and revenue expectations in the second quarter and said it expected sales to decline in 2025, sending shares 3% lower in premarket trading.Competitive pressure is rising in China from other electric vehicle makers, including SUV-focused ones such as AITO and Nio's (NIO) new brand, Onvo. Chinese automakers are also contending with a broader slowdown.Second quarter revenue declined 4.5% year over year to 30.2 billion yuan ($4.2 billion), while Wall Street expected 31.8 billion yuan ($4.4 billion).The automaker delivered 111,074 vehicles, below its prior guidance of 123,000 to 128,000 vehicles.For the full year, Li Auto said it expects to deliver between 90,000 and 95,000 vehicles, representing an annual decrease of 41.1% to 37.8%. Revenue is anticipated to be between RMB24.8 billion ($3.5 billion) and RMB26.2 billion ($3.7 billion), representing a year-over-year decrease of 42.1% to 38.8%.Li Auto said it expects to deliver between 90,000 and 95,000 vehicles for the third quarter, with revenue projected at 24.8 billion yuan to 26.2 billion yuan, down 39%-42% from a year earlier.Li Auto stock fell 3% in premarket trading.52 mins agoGrace O'DonnellDollar General stock pops after guidance raiseDollar General (DG) raised its financial outlook for 2025 on Thursday as it benefited from consumers becoming more cost-conscious.The dollar store chain now sees full-year profits of $5.80 to $6.30 per share, compared to its previous expectation of approximately $5.20 to $5.80 per share. It expects same-store sales to increase 2.1% to 2.6%, compared to its previous expectation of approximately 1.5% to 2.5%.In the second quarter, Dollar General stores saw an increase in traffic as its value proposition drew wealthier customers. The company reported earnings of $1.86 per share on $10.7 billion in net sales. Both measures were well ahead of Wall Street estimates.“Our improved execution, along with our progress advancing key initiatives, is resonating with both existing and new customers as we further enhance our value and convenience proposition," CEO Todd Vasos said in a statement.Dollar General stock popped 6% premarket. You can listen to its 9 a.m. ET earnings call here.Read more here.Wed, August 27, 2025 at 10:35 PM UTCWatch Nvidia CEO Jensen Huang live on Yahoo FinanceWed, August 27, 2025 at 10:20 PM UTCBrett LoGiuratoNvidia's Huang sees China as $50B opportunityOne other highlight from the Nvidia earnings call on China: CEO Jensen Huang says the market could represent a $50 billion opportunity for Nvidia this year.From the call (h/t The Transcript on Twitter):All China-related geopolitical and regulatory caveats apply, of course!Wed, August 27, 2025 at 9:20 PM UTCBrett LoGiuratoNvidia says it could ship $2 billion to $5 billion of H20 chips to ChinaFrom the earnings call, Yahoo Finance's Allie Canal notes some guidance upside for Nvidia — provided that there's some certainty around regulation.Here's Kress from the call:Kress later added that "there is interest" for the H20s and that "a select number of our China based customers have received licenses over the past few weeks."Wed, August 27, 2025 at 9:00 PM UTCGrace O'DonnellNvidia revenue growth continues to moderate as Jensen Huang says Blackwell demand 'is extraordinary'Nvidia's earnings call has begun. You can listen to it live here.For more context on Nvidia's quarter and what it means for the company, Yahoo Finance's Daniel Howley breaks down the numbers:Read more hereWed, August 27, 2025 at 8:49 PM UTCGrace O'DonnellFive Below beats on top and bottom lines, stock risesDiscount retailer Five Below (FIVE) benefited from consumers seeking value, even as tariffs created headwinds for the companyFive Below beat expectations on the top and bottom lines. Revenue of $1.02 billion surpassed estimates of $996 million. Earnings per share of $0.81 also beat estimates of $0.63.For the third quarter, net sales are expected to be in the range of $950 million to $970 million, representing comparable sales growth of 5% to 7% and assuming the opening of about 50 new stores. Net income is expected to be in the range of $5 million-$12 million.The stock gained about 3% after hours.Wed, August 27, 2025 at 8:43 PM UTCBrett LoGiuratoAI-related stocks fall in tandem with NvidiaShares of other AI-related stocks fell in after-hours trading after Nvidia's (NVDA) somewhat underwhelming results.AMD (AMD) stock fell nearly 2%, while TSM (TSM) shares lost nearly 1%. Broadcom (AVGO) was down around 1.5%, and SMCI was also off over 2%.Nvidia pared some immediate post-results losses, but shares were down over 3% as of 4:45 p.m. ET.Wed, August 27, 2025 at 8:37 PM UTCGrace O'DonnellHP beats third-quarter revenue estimates on AI PC adoption, Windows 11 upgradeReuters reports:Read more here.Wed, August 27, 2025 at 8:35 PM UTCGrace O'DonnellCrowdStrike stock falls after Q3 outlook falls short of expectationsCrowdStrike (CRWD) shares fell 6% after the cybersecurity company's third quarter forecast disappointed.The company expects current-quarter revenue to be between $1.21 billion and $1.22 billion, compared with analysts' average estimate of $1.23 billion, according to data compiled by LSEG. The more cautious outlook signaled cautious spending by clients facing economic uncertainty.Earnings per share of $0.93 beat estimates of $0.83 per share. Revenue reached $1.17 billion, a 21% increase and above the company's guidance of between $1.14 billion and $1.15 billion. Revenue was boosted by 20% subscription revenue growth, which hit $4.66 billion.CrowdStrike also announced it would acquire Onum to evolve its Falcon platform for security information and event management.Read more here from Reuters.Wed, August 27, 2025 at 8:32 PM UTCBrian SozziQuick Nvidia call outsI know the early focus is on Nvidia's (NVDA) data center sales miss, but keep in mind two things:1. Jensen calling out the "extraordinary" Blackwell demand.2. Q3 gross margin was seen gaining ground versus Q2 as the Blackwell ramp continues.Wed, August 27, 2025 at 8:16 PM UTCGrace O'DonnellSnowflake raises annual product revenue forecastSnowflake (SNOW) stock surged 13% after the cloud-based data platform raised its forecast for fiscal 2026 product revenue.Reuters reports that the company is banking on strong demand for its data analytics services, as enterprises prioritize artificial intelligence spending.The company expects annual product revenue of $4.34 billion, compared with its prior forecast of $4.33 billion.Read more here.Wed, August 27, 2025 at 4:05 PM UTCGrace O'DonnellWilliams-Sonoma earnings beat, CEO says furniture tariffs would be 'very difficult for the industry'Williams-Sonoma (WSM) said it saw minimal impacts from tariffs in its second quarter results but expects tariffs to pressure its top-line growth and operating margins in the current quarter."Our incremental tariff rate has doubled since our last earnings call," CFO Jeffrey Howie said in the company's earnings call. "At our May earnings call, our incremental tariff rate was 14%. As of today's call, it has doubled to 28%. This includes the additional 30% China tariffs, 50% India tariff, 20% via non-tariff and averaged 18% tariff on the rest of the world as well as the 50% steel and aluminum tariffs and a 50% copper tariff."The furniture company, which houses brands such as West Elm and Pottery Barn, reported better-than-expected earnings of $2.00 per share. Wall Street expected EPS of $1.80.Williams-Sonoma stock was down 1.4% in early afternoon trading. The stock sank earlier this week, along with other furniture stocks, after President Trump posted on social media that his administration would open an investigation into furniture imports and impose additional tariffs on the sector."It's early to speculate — I think we're day 5 of a 50-day probe, there's not a lot of information on this subject," Laura Alber, Williams-Sonoma's CEO, said about possible furniture tariffs. "But I will say that it's going to be very difficult for the industry, even if tariffs are put on to bring a huge amount back to the United States in a short window of time, because there aren't the factories available to do a lot of production.""For us, of course, we will be in a much better position than most if that were to happen because of our strong USA manufacturing capabilities already," Alber continued. "We have ... [a] good chunk of our upholstery in the United States as we speak, and we can do more there, and that would be something we'd really push."Wed, August 27, 2025 at 1:32 PM UTCGrace O'DonnellRoyal Bank of Canada reports Q3 profit rose to $5.4 billion, revenue also upThe Canadian Press reports:Read more here.Wed, August 27, 2025 at 12:22 PM UTCGrace O'DonnellJ.M. Smucker earnings miss as higher commodity prices weigh on profitsThe J.M. Smucker Company posted weaker-than-expected earnings as higher commodity costs and consumers pulling back on buying weighed on profits. The stock fell as much as 5% in premarket trading.The company's profits fell 22% to $1.90 per share, below estimates for $1.93 per share, according to S&P Global Market Intelligence. Net sales declined 1% to $2.1 billion due to divestitures and unfavorable foreign currency exchange but were roughly in line with estimates.Coffee sales increased 15% but profits fell 22% due to higher commodity prices and marketing costs. Meanwhile, Net sales declined for peanut butter, but were partially offset by higher pricing for Uncrustables frozen sandwiches.The company raised its net sales guidance for the full year to 3% to 5% and kept its earnings per share guidance the same ($8.50-$9.50).Wed, August 27, 2025 at 11:56 AM UTCGrace O'DonnellHollister fuels Abercrombie & Fitch earnings beatShares of Abercrombie & Fitch (ANF) were roughly flat in choppy premarket trading after the apparel retailer reported declining net sales in its Abercrombie brand as it lapped tough comparisons. The stock was up over 3% and down 3% at points earlier in the session.Abercrombie beat Wall Street's expectations: In the second quarter, the company posted record net sales of $1.2 billion, compared to Wall Street estimates of $1.19 billion. Adjusted earnings per share came in at $2.32, slightly above expectations.Net sales increased 3% year over year, though Hollister was the sales engine. Hollister's comparable net sales jumped 19% year over year, while Abercrombie's fell 11%.The retailer raised its full-year net sales guidance to 5% to 7% from 3% to 6% previously and also increased its earnings per share forecast by $0.50 on the low end to a range of $10.00 to $10.50.For the latest earnings reports and analysis, earnings whispers and expectations, and company earnings news, click hereRead the latest financial and business news from Yahoo FinanceTerms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,492.75 -3.25 (-0.05%)Dow Futures45,675.00 +33.00 (+0.07%)Nasdaq Futures23,597.00 -31.75 (-0.13%)Russell 2000 Futures2,387.30 +7.60 (+0.32%)VIX14.44 -0.41 (-2.76%)Gold3,465.20 +16.60 (+0.48%)PortfolioSign in to access your portfolioSign inTop gainersMDB MongoDB, Inc. 295.70 +81.36 (+37.96%)SATS EchoStar Corporation 58.76 +7.89 (+15.51%)NCNO nCino, Inc. 32.69 +4.00 (+13.94%)LUMN Lumen Technologies, Inc. 5.27 +0.58 (+12.37%)PCT PureCycle Technologies, Inc. 14.86 +1.26 (+9.26%)Top losersTIGR UP Fintech Holding Limited 11.57 -1.25 (-9.75%)NEGG Newegg Commerce, Inc. 60.89 -6.14 (-9.16%)LI Li Auto Inc. 22.60 -2.05 (-8.32%)KNF Knife River Corporation 82.76 -7.39 (-8.20%)SMMT Summit Therapeutics Inc. 24.81 -2.17 (-8.06%)Most activeWBA Walgreens Boots Alliance, Inc. 11.98 +0.06 (+0.50%)OPEN Opendoor Technologies Inc. 4.0200 -0.6800 (-14.47%)NVDA NVIDIA Corporation 181.60 -0.17 (-0.09%)PSNYW Polestar Automotive Holding UK PLC 0.4700 +0.3100 (+193.75%)NIO NIO Inc. 6.34 -0.36 (-5.37%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersNVDA NVIDIA Corporation 181.60 -0.17 (-0.09%)CRWD CrowdStrike Holdings, Inc. 422.61 +5.01 (+1.20%)LUMN Lumen Technologies, Inc. 5.27 +0.58 (+12.37%)BBY Best Buy Co., Inc. 75.45 +1.78 (+2.42%)CRWV CoreWeave, Inc. 96.93 +5.54 (+6.06%)Top economic events