⚡ Nvidia Delivers an AI Supercycle Smash Hit

Hey nut fam 🌰 — Nvidia just put up video-game numbers, Target’s stuck in retail purgatory, and mortgage rates are creeping again. Let’s dig into today’s crunchy headlines 👇

🏭 Business Nuts

⚡ With AI Bases Loaded, Nvidia Bats a Quarterly Earnings Home Run

The world’s biggest chipmaker just flexed… again.

Nvidia didn’t just beat expectations — it disassembled them and reassembled them into a gold-plated GPU trophy 🏆.

As bubble fears crept in this week, the chip giant dropped a record $57B revenue print, sent profits surging, and even raised Q4 guidance.

💬 The Earnings Call to End All Earnings Calls

For weeks, investors were sweating:

• SoftBank dumped its Nvidia stake.

• Peter Thiel’s fund trimmed its exposure.

• Michael “Big Short” Burry went short.

• AI capex fears were bubbling.

So heading into earnings, Nvidia had one job: prove the AI boom still has legs.
It didn’t just prove it — it launched it into orbit 🚀.

Here’s what Jensen Huang delivered:

• Sales up 62% YoY, with Q4 revenue expected to hit $65B (that’s $3B above estimates).

• Net income: nearly $32B — smashing expectations.

• Gross margin: 73.4%, with 75% projected next quarter.

• “Blackwell sales are off the charts, and cloud GPUs are sold out,” Huang said.

And the kicker?
“We run them all,” he added, pointing to deals with OpenAI, Anthropic, and major hyperscalers — easing concerns about circular financing.

Investors exhaled deeply. Nvidia jumped 5% in after-hours trading, reminding everyone that demand, not hype, is the limiting factor.

🟢 Bottom Line: The AI boom is still a rocket, and Nvidia owns the launch pad.

🛒 Retail Nuts

🎯 The Great Retail Retreat Is Here — And Target Just Fired the Starter Pistol

The bullseye is slipping.

Target ($TGT) should be thriving in a penny-pinching economy… but the opposite is happening.
The retailer just logged its 12th straight quarter of flat sales, cut profit guidance, and confirmed: shoppers want deals, not décor.

🛑 Why Target’s Struggling

• Weak demand + stubborn inflation = fewer discretionary buys.

• Target scaled back DEI efforts → backlash → declining brand sentiment.

• Shares are down 37% this year.

• Incoming CEO Michael Fiddelke inherits a mess with no quick turnaround.

The company has lowered prices on 3,000 everyday items, expanded holiday deals, and boosted capex by 25% — but shoppers are still drifting to:

• Walmart

• Amazon

• TJX (TJ Maxx, Marshalls, HomeGoods)

Their value-driven DNA is winning the moment.

🛠️ Retail’s Chain Reaction

It’s not just Target feeling the ice bath ❄️:

• Home Depot ($HD): Comparable sales up just 0.2%. Trimmed full-year outlook.

• Lowe’s ($LOW): Beat quarterly expectations… then slashed its FY forecast.

• Kroger ($KR): Closed 3 automated fulfillment centers to scale back e-commerce ambitions.

• TJX ($TJX): The lone bright spot — value shoppers are fueling 5% comp growth.

🧭 The Consumer Mood: Frugal, Fearful, Focused

Target put it best: shoppers want “what goes under the tree, not what goes on the tree.”

Holiday budgets are shifting toward:
✔️ Essentials
✔️ Gifting basics
❌ Big-ticket items
❌ Impulse buys

Shutdown fears, SNAP payment pauses, and job-market anxiety are making households defensive.

🟢 Bottom Line: Retail is officially in the caution zone — and Target’s the warning siren.

📰 Other News — Quick Bites

• 🏠 Mortgage rates jump to 6.37%, the highest in a month; loan applications fell 5.2% as refinancing activity cratered.

• 🧸 Child care now costs more than rent in 85 U.S. cities — with two-kid households paying nearly double their housing costs.

• ⚽ 2026 FIFA World Cup to boost U.S. tourism by ~33%, with demand already spiking for hotels and flights in the 11 host cities.

• 🤖 Adobe buys Semrush for $1.9B, adding a full-stack SEO + AI marketing engine to its Creative Cloud arsenal (a whopping 77% premium).

• 🎬 Hollywood sharks circle Warner Bros. Discovery ($WBD): Netflix, Paramount, and Comcast all preparing bids. Netflix may only want studio & streaming assets; Paramount wants it all.

🌰 That’s a Wrap

Nvidia’s still the king of silicon, Target’s still stuck in a retail rut, and the economy continues to test everyone’s patience (and wallet).

Thanks for cracking open today’s Cash Nut 🌰 — where we turn chaos into clarity, one headline at a time.

Catch you tomorrow,
Team Cash Nut 💰

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