What's Going On With NVIDIA Stock Friday?

FRVO Q3 Earnings Call Highlights Google Deal and Geothermal Expansion

Fervo Energy (FRVO) announced a major 15-year, 396-MW power purchase agreement with Google with deliveries starting mid-2028. The company's Cape Station began commercial operations with its first 33-MW GeoBlock ahead of schedule, with two additional blocks expected online by January 2027. FRVO is targeting $5,500 per kW construction costs and has 1,054 MW in binding agreements worth $11.9 billion, while maintaining a longer-term $3,000 per kW cost target.

Nvidia (NVDA) Reports Next Week: Wall Street Expects Earnings Growth

Nvidia is expected to report Q3 2026 earnings of $2.49 per share with revenues of $108.99 billion, representing 91.5% and 91.2% year-over-year growth respectively. However, the company presents a mixed earnings-beat candidate with a negative Earnings ESP of -0.55%, despite carrying a Zacks Rank #2 (Buy) rating. While Nvidia has beaten consensus estimates in the last four quarters, recent analyst revisions suggest caution ahead of the November 17 earnings release.

Nvidia Is Down 30% From Its High. History Says This Is What Happens Next.

Nvidia stock has fallen 30% from its all-time high due to a combination of broader tech sell-off concerns about AI regulation and a scandal involving CEO Jensen Huang's alleged affair with a Chinese intelligence asset. However, historical analysis shows Nvidia has recovered from similar 20%+ drops multiple times over the past five years, each time reaching much higher levels. Despite current headwinds, Nvidia remains central to AI development with strong demand from hyperscalers and expected 90% sales growth this year.

Constellation and Vistra Get the Headlines. These 2 Power Producers Barely Get Mentioned.

While Constellation Energy and Vistra dominate headlines, Talen Energy and NRG Energy are lesser-known power producers positioned to benefit from growing AI data center demand. Talen has secured a long-term nuclear power supply agreement with Amazon, while NRG is expanding capacity through natural gas assets and the CPower acquisition. Both companies offer attractive valuations but face execution risks and regulatory scrutiny.

Why Nvidia Stock Fell Again on Tuesday

Nvidia stock fell 6.4% on Tuesday as the company faces multiple federal investigations following revelations that CEO Jensen Huang had an affair with a suspected Chinese spy. The FBI is investigating the matter, and Democrats are calling for Congressional inquiries. The scandal threatens potential chip export restrictions and could impact Nvidia's government influence. The company will report Q3 earnings next week.

Google Agrees To Additional Privacy Protections In Acquisition Of Employee Data From Defunct Spirit Airlines