Nvidia (NVDA) Stock: $215 After Microsoft’s Beat and…
By Tobi Opeyemi Amure
AI summary of the source article
Nvidia shares slipped to $213.98 in after-hours trading following mixed hyperscaler earnings. While Microsoft beat expectations and projected next-quarter capex above $50 billion, Alphabet dropped roughly 10 percent despite spending $51.36 billion in capital expenditures.
Why it matters
A roughly 10 percent after-hours drop in a company that is still raising its spending plans is a warning that the market wants returns, not just orders.
Key facts
- Nvidia closed at $215.38 on October 28 and traded down to $213.98 after hours, with a market value around $5.20 trillion.
- Microsoft posted fiscal Q1 revenue of $92.28 billion, Azure growth of 48 percent, and guided fiscal Q2 capex above $50 billion.
- Alphabet spent $51.36 billion on Q3 capex, reported negative free cash flow of $9.07 billion, and stated capex will increase significantly in 2027.
Source excerpt · FinanceFeeds
Updated 29 October 2026. Nvidia (NVDA) closed at $215.38 on Wednesday 28 October, down $2.56 or 1.17 percent, and slipped to $213.98 in after-hours trade by 7:59 pm ET as Alphabet's results landed (StockAnalysis). Verdict: the two hyperscaler reports pulled in opposite directions. Microsoft beat and guided its next-quarter capital spending above $50 billion; Alphabet spent $51.4 billion in the qua…