A look at the day ahead in U.S. and global markets from Mike Dolan
Leveraged ETFs are designed for traders, not long-term investors. Investors should be aware of what the GraniteShares 2x Long NVDA Daily ETF aims -- and doesn't aim -- to do.
Super Micro Computer, NVIDIA, Intel and Advanced Micro Devices are included in this Analyst Blog.
NVIDIA, Advanced Micro Devices, Qualcomm, Broadcom and Texas Instruments are included in this Analyst Blog.
The maker of chips for AI development will release its latest results after the closing bell today. Wall Street expects another bout of triple-digit percentage growth in revenue, led by the data center.
NVIDIA's Q2 earnings could spark a $305B market swing as AI demand surges, with analysts predicting a 112% revenue jump and 139% EPS growth.
Nvidia has led the artificial intelligence boom to become one of the stock market's biggest companies, as tech giants continue to spend heavily on the company's chips and data centers needed to train and operate their AI systems. The company is now worth over $3 trillion, with its dominance as a chipmaker cementing Nvidia's place as the poster child of the AI industry ahead of the release of its latest financial results Wednesday.
Hang Seng and Nikkei slide amid global market jitters over NVIDIA earnings. US consumer confidence temper rate cut bets.
Once known primarily for gaming graphics cards, Nvidia now sits at the epicenter of the artificial intelligence revolution. As the company prepares to report its second-quarter earnings this Wednesday, all eyes are on the chipmaker that has become synonymous with the generative AI boom.
Wall Street expects Nvidia's fiscal Q2 adjusted earnings per share (EPS) to surge 137% year over year to $0.64. An earnings beat seems probable, given that the company has exceeded the analyst consensus earnings estimate in 14 of the last 16 quarters.
On the day before artificial intelligence powerhouse Nvidia is scheduled to report earnings, Cramer reminded investors why he thinks the stock has intrinsic value, saying one can't assess it based on the results of one quarter. "When you think of all these wonders from Nvidia's technology, you don't sit there and worry about how massively they can beat the estimates in one particular quarter," he said.
A look at the day ahead in Asian markets.