Nvidia reported its fiscal first-quarter results after Wednesday’s closing bell. Investors are focused on the company's ability to withstand restrictions on its China business, as well as Nvidia’s overall trajectory with its new Blackwell lineup.

As Doug Kass says, there are so many possible social, policy, political, geopolitical and market outcomes these days.

Nvidia reported over $44 billion in revenue in its first quarter earnings call but had charges tied to exporting restrictions placed on its H20 chip.