Nvidia earnings surpass forecasts but stocks decline in after-hours trading

On August 28, 2025, stock markets in Asia showed mixed results after modest gains in the United States led to the S&P 500 reaching another all-time high. The increases in U.S. stocks came ahead of a highly anticipated earnings report from Nvidia, a major player in the technology sector known for its computer chips. In response to the news from Wall Street, U.S. futures rose while oil prices experienced a slight decline. In China, shares of Cambricon Technologies surged dramatically, marking a significant increase of 15.7%, making it the most valuable stock on Shanghai's exchange. Meanwhile, the Shanghai Composite index appreciated by 1.1%. Despite the overall positive trend, some major Chinese companies faced challenges as consumer spending appeared to be on the decline. JD.com saw a reduction in its stock value by 4%, contributing to the mixed performance of Asian shares. In Japan, the Nikkei 225 index rose by 0.7%, continuing to trade near its record levels even amid ongoing trade negotiations with the United States. The uncertainty revolving around a preliminary trade agreement concerning tariffs on Japanese exports is influencing market stability. India's BSE Sensex experienced a dip of 0.6% following a public holiday, attributed to the recent increase in U.S. tariffs on Indian exports that became effective the day before. Furthermore, Taiwan's TAIEX index fell by 1.2%, while stock exchanges in Jakarta and Kuala Lumpur reported gains, contrasting with a decline noted in Manila's market. In the United States, the Dow Jones Industrial Average increased by 0.3%, and the Nasdaq Composite rose by 0.2%, showcasing leads from technology companies. After the market closed, Nvidia's earnings and revenue figures exceeded the forecasts set by Wall Street analysts; however, sales of its artificial intelligence chipsets grew at a rate lower than expected. Consequently, Nvidia's stock fell by 3.2% in after-hours trading after a slight decrease during regular trading hours. The overall market environment indicates ongoing volatility influenced by trade issues and shifting consumer behaviors across the globe.