Wall Street Braces for Nvidia’s $79 Billion Quarter as AI Bellwether Reports Today

NVIDIA Corporation reports fiscal Q1 2027 earnings after the close today, in what has become the single most anticipated corporate event of the quarterly calendar.

The AI chipmaker is expected to deliver revenue of approximately $78.9 billion, a year-over-year increase of nearly 80%, exceeding even the upper end of the company’s own guidance—a pattern consistent with Jensen Huang’s long record of conservative forecasts.

Wall Street consensus puts adjusted earnings per share at $1.77, representing a 121% surge. HSBC has raised its price target to $325, while Cantor Fitzgerald’s C.J. Muse said he is “wholeheartedly” buying into the print, citing strong inference demand, China-related growth potential, and a likely share buyback announcement.

Critically, investors will parse forward guidance for Q2, where analysts already model 86% revenue growth—an acceleration from Q1. Nvidia has beaten EPS expectations in each of the past three quarters, and $372 billion in full-year 2026 revenue is now the Street consensus, with $492 billion forecast for 2027.

Shares closed at $220.61, down 0.77%, as the broader market sold off on surging Treasury yields. The stock trades at 46x forward earnings, well below its historical premium, feeding the bull case that the AI leader remains undervalued despite its $5.4 trillion market capitalization.

A punishing bond selloff sent the 30-year Treasury yield to 5.180% on Tuesday—its highest print since July 13, 2007—as inflation fears intensified amid the Iran standoff and elevated oil prices.

The benchmark 10-year yield climbed 4.6 basis points to 4.668%, its highest in 16 months, while Brent crude traded above $111 per barrel despite easing slightly on delayed U.S. strike plans.

The S&P 500 fell for the third consecutive session, shedding 49 points to 7,353.61. The Nasdaq Composite slid 220 points, and the Dow lost 322. Small caps fared worse, with the Russell 2000 dropping a full percent.

Reuters reported that 41.7% of fed funds futures now price a 25-basis-point rate hike in December, a sharp reversal from the rate-cut expectations that dominated markets just weeks ago.

“Worries around reaccelerating inflation have pushed the 10-year to its highest in a year; the 20- and 30-year are at their highest in nearly two decades,” noted The Street’s market desk.

Walmart shares bucked the trend, hitting an all-time high ahead of quarterly results, while Fidelity settled a $2.5 million cyberattack lawsuit. Investors now look to Nvidia and SpaceX, with Goldman Sachs expected to lead the latter’s IPO.

Michael Carrick is closing in on an initial two-year contract as permanent Manchester United manager after guiding the club to a third-place Premier League finish and Champions League qualification.

The former midfielder, who took interim charge earlier this season, has overseen a remarkable stabilization at Old Trafford, delivering 68 points from 37 matches—19 wins, 11 draws, and 7 defeats.

With his appointment all but confirmed, INEOS have moved swiftly on summer recruitment. United are reportedly ready to offer a cash-plus-player swap worth approximately £43.5 million for AC Milan winger Rafael Leão, whose €175 million release clause is considered unrealistic in the current market.

Marcus Rashford, returning from a loan spell at Barcelona, and Joshua Zirkzee—who managed just one Premier League goal in 23 appearances—are among the players who could be offered as makeweight in the deal.

Rasmus Højlund is nearing a move to Napoli, while the club also monitors Christos Tzolis and Jarrod Bowen amid West Ham’s relegation battle. Jose Mourinho’s Fenerbahçe may have inadvertently handed United a £26 million transfer windfall.

The first quarter of 2026 produced the most staggering venture capital figures in history: $300 billion invested globally, with artificial intelligence commanding 81% of total flows.

OpenAI’s $122 billion mega-round led the charge, but the tidal wave extended far beyond a single company. Q2 is now projected to surpass it as the largest AI funding quarter ever, with foundation model labs, autonomous agents, and vertical AI applications absorbing capital at unprecedented rates.

Sovereign wealth funds have emerged as kingmakers. MGX, Saudi PIF, and SoftBank collectively steered billions into infrastructure plays, while a mid-May surge saw 16 Indian startups raise $240 million across AI and semiconductor verticals in a single week.

Carbon Robotics, the precision agriculture startup whose AI-powered laser weeding systems have spread to 15 countries, has been named to the 2026 CNBC Disruptor 50 list alongside Anthropic, OpenAI, Anduril, and Databricks.

The company surpassed $100 million in annual revenue for fiscal year ending January 2026, cementing its position in the physical AI category that investors increasingly see as the next frontier beyond digital-only applications.

SpaceX’s AI division is preparing for what would be the largest initial public offering in history, with a target valuation of $2 trillion expected for June 2026. Goldman Sachs is expected to lead. The company’s Terafab investment and AI infrastructure buildout have attracted attention from sovereign funds and institutional investors alike.