Alert on Nvidia's 70% Growth, HP, and Salesforce
NVIDIA (NVDA) shares rose 4.7% after reporting 105.9% revenue growth to $96.22 billion, with data center revenue up 117%. HP (HPQ) may drop 9% after reporting $15.68 billion in revenue and restructuring charges. Salesforce (CRM) could gain 13% with 10.8% revenue growth to $11.35 billion and cRPO of $33.5 billion.
How this was made
The 30-second read
Why it matters
Traders can use the specific beat metrics and forward growth/cRPO levels to update near-term positioning and expectations for guidance sensitivity.
Market read
This is a same-cycle earnings reaction update with concrete forward growth and demand backlog indicators, driving likely gap moves.
What to watch
HPQ’s tariff-refund treatment and the mix of charges may obscure underlying operating trends; CRM’s rebound could fade if cRPO strength is not matched by near-term billings or guidance details not included here.
Background
The piece frames the story as post-earnings market reaction: NVDA after-hours strength, HPQ expected premarket weakness, and CRM’s rebound after AI share-loss fears.
Ticker impact
Nvidia reported results that beat expectations, with revenue up 105.9% Y/Y and a fiscal 2028 revenue forecast of +70%.
Likely continued upside bias in the near term, with volatility around any guidance interpretation.
The article cites both the beat (revenue growth) and a specific forward growth forecast (+70% vs 44% expected), which typically drives repricing.
HPQ is expected to open down about 9% after reporting non-GAAP EPS of $0.83 and revenue up 12.6% Y/Y, alongside restructuring and tariff-refund non-GAAP adjustments.
Near-term downside pressure likely persists until investors focus on normalized earnings power.
The article highlights multiple bearish items (restructuring, litigation, divestiture) and investor dislike of tariff-related refunds in non-GAAP EPS, aligning with a large premarket gap.
Salesforce’s SaaS sell-off eased, with CRM expected to open up about 13% after revenue grew 10.8% Y/Y to $11.35B and cRPO rose to $33.5B.
Likely positive follow-through if the market treats cRPO strength as durable demand evidence.
The article provides both the revenue growth and a specific cRPO level (+14% Y/Y), which are direct demand indicators for SaaS.
Market effects
Reinforces AI infrastructure strength (data center revenue surge) and SaaS demand durability (cRPO strength), while highlighting earnings-quality scrutiny via non-GAAP adjustments.
US large-cap tech sentiment likely supported by NVDA and CRM prints, with HPQ acting as a cautionary signal for hardware/PC cycle and margin normalization.
AI capex and enterprise software demand signals can spill over to global semis and cloud software peers via read-across.
Counterpoint
NVDA’s +70% fiscal 2028 growth forecast may already be priced; any skepticism about sustainability or margins could cap upside despite the beat.
Key entities
- companyNvidia
Reported results beating expectations, with revenue up 105.9% Y/Y and fiscal 2028 revenue forecast +70%.
- companyHP Inc.
Reported non-GAAP EPS $0.83 and revenue up 12.6% Y/Y, but investors disliked non-GAAP tariff-refund treatment and multiple charges.
- companySalesforce
Reported revenue growth to $11.35B (+10.8% Y/Y) and cRPO to $33.5B (+14% Y/Y), easing SaaS sell-off fears.
