Nvidia Q3 Revenue Hits $57B, Beating Estimates; Fed Minutes Signal December Rate Cut Uncertainty

Nvidia reported fiscal 2026 third-quarter revenue of $57 billion on Nov. 20, exceeding the market estimate of $54.923 billion and up from $35.082 billion in the prior-year period, BlockBeats reports. The company projected fiscal 2026 fourth-quarter revenue of $65 billion, above the market expectation of $61.6 billion. Bitcoin rose to $91,500 and Ethereum climbed to $3,000 following the earnings release, while Nvidia shares gained over 5% in after-hours trading and Nasdaq futures advanced 1%. Separately, the Federal Reserve's October meeting minutes released the same morning revealed divisions among policymakers regarding a December rate cut, with several participants opposing further easing amid concerns about stalled progress toward the 2% inflation target, noting that market-implied probability of a December rate cut dropped to 31.6%.