r/Stocks Daily Discussion Insights: Nvidia Earnings Focus, Yen Carry Trade Unwinding, and Key Earnings Reactions

Users in the r/Stocks daily thread [0] discussed key earnings: Home Depot (HD) missed EPS ($3.74 vs $3.84), Medtronic (MDT) beat EPS ($1.36 vs $1.32), and BRC raised its FY EPS guidance to $4.90-$5.15. Cloudflare’s outage led to a pre-market drop for NET. Sentiment shifts to fear were noted, with some viewing pullbacks as healthy. AI hype concerns included Google Gemini 3.0 deflating OpenAI’s momentum. Nvidia (NVDA) earnings expectations were mixed—some predicted a beat but post-earnings drop, others linked it to the AI bubble. Yen carry trade unwinding was a focus, with debates on leverage extent and yen depreciation impacts.

Analysts expect NVDA’s Q3 FY2026 earnings to hit $1.25 EPS and $54.9-55B revenue [1][3], with a Strong Buy consensus (40/47 analysts) and $239.30 price target (29% upside) [4]. Critical factors include Q4 guidance (expected $61.29-61.57B; below $60B would disappoint) [2] and Blackwell chip production [6]. The yen carry trade is actively unwinding due to BOJ’s 0.5% rate (since Jan 2025) [7][8], causing global asset selling and Japanese capital repatriation [9]. Policy tension exists between BOJ tightening and PM Takaichi’s Sanaenomics [10][11].

Reddit’s mixed NVDA expectations align with research’s focus on high-stakes guidance [2][6]. Yen carry trade concerns on Reddit match research’s confirmation of active unwinding and global volatility [7][9]. Reddit’s company-specific earnings complement research’s broader market drivers.

• Risks
  : NVDA Q4 guidance below $60B [2], deeper yen unwinding [8], HD’s EPS miss signaling retail weakness [0].
• Opportunities
  : NVDA beat with strong guidance (upside to target [4]), BRC’s guidance raise [0], MDT’s beat (medical tech resilience [0]).