Jobs & EconomyCorrect
“They will be lights out and accompanied by the kind of hype that tells you FOMO has almost all the people that would buy it already in it. [On Nvidia's fiscal Q2 2027 earnings, reported August 26, 2026.]”
Said Aug 24, 2026Deadline Aug 26, 2026Cassandra Unchained Substack chat, reported by Stocktwits/Yahoo Finance, August 24, 2026
Nvidia reported Q2 FY2027 revenue of $96.2 billion on August 26, 2026, up 106% year over year and above the ~$92 billion consensus, and guided Q3 to $108 billion with 70% FY2028 growth; shares jumped 8.7% the next day, adding more than $400 billion in market value — a 'lights out' quarter followed by exactly the wave of buying enthusiasm Burry described.