Fast Money Blog- 5/22/26
It was another winning week on Wall Street, as the S&P 500 and Dow Jones Industrial Average rose higher ahead of the Memorial Day holiday.
One of the biggest stories of the week was the earnings release from NVIDIA Corporation (NVDA)
The U.S. tech giant released blowout Q1 2026 earnings with record quarterly revenue of $81.6 billion, up 20% from last quarter and up 85% year-over-year.
Year-over-year revenue has now exceeded 50% for twelve straight quarters, dating back to mid-2023.
Moreover, Nvidia reported a record first-quarter net income of $58.3 billion marking a 211% year-over-year surge, stemming from the ongoing global boom in artificial intelligence infrastructure.
Here’s More of What You Need To Know About NVIDIA Earnings
First-quarter data center revenue was a record $75.2 billion, up 21% from the previous quarter and up 92% from a year ago.
It’s important to know that large cloud service providers (known as “hyperscalers”) like Amazon, Google, and Microsoft still account for half of Nvidia’s data center revenue.
In good news for shareholders, NVIDIA is increasing its quarterly cash dividend from a penny per share to $0.25 per share. The company also announced a $80 billion share buyback plan, which will shrink its float.
Nvidia continues to show tremendous growth, but Wall Street responded rather tepidly, as it still has concerns about the long-term sustainability of AI infrastructure spending.
In other news, on Thursday, May 21st, Walmart, Inc. (WMT) released its Q1 2026 earnings report with strong top-line revenue of $177.8 billion, up 7.3% year-over-year.
Walmart saw strong growth from their eCommerce segment and it’s interesting to note that higher-income households are leading the company’s gains across most categories. Once again, this proves that in our current economic climate everyone is looking for a bargain.
Walmart Q1 Highlights
Walmart’s online marketplace sales surged 50% year over year, driving a 26% increase in e-commerce revenue.
Membership income rose 17.4% and advertising revenue for Q1 climbed 37% globally.
Tyrone, Why Did WMT Stock Drop After Earnings?
Although Walmart’s underlying business remains strong, higher gas prices have hit both the company and consumers alike, with Walmart saying that fuel costs have partially offset its income gains. This, paired with softer Q2 guidance, gave investors pause. However, in my opinion WMT stock is still a winner.
On a separate note, as a Wealthy Investor student, I want to encourage you to look closely at your trading profits. It’s really important to calculate your weekly income. And, yes, this involves math!
If you bring in $5,000 per month in covered call premiums and cap gains, that breaks down to $1,250 in weekly income! Do you know how extraordinary that is? This makes you a winner.
Stay positive and stay open.
A skilled investor is a successful investor!
Tyrone Jackson
The Wealthy Investor