Chip giant Nvidia's latest quarterly financial results, due Wednesday after the closing bell, will be one of the week's most closely watched stock-market events. The results will land with shares of the AI chipmaker up more than 150% this year through Tuesday's close—and Wall Street is broadly bullish on the stock.
Artificial intelligence (AI) chipmaker Nvidia (NVDA) is set to report earnings after the bell Wednesday, with expectations running high for the AI heavyweight.
Nvidia will deliver its earnings report after the markets close on Aug. 28. It could determine whether the stock market continues higher or comes crashing down.
Nvidia (NVDA) stock moved higher in afternoon trading Tuesday as market participants anxiously awaited what some analysts have called the "most important tech earnings in years."
The artificial intelligence-fueled rally has been the foremost contributor to the major market indices' sizable gains over the past several years.
NVIDIA's fiscal Q2 earnings are on deck. Is it the right time to sell the stock, or remaining bullish will be beneficial?
As excitement continues to build ahead of Wednesday's earnings report from artificial-intelligence juggernaut Nvidia Corp., bondholders have been snapping up the company's bonds, along with those of others expected to benefit from AI infrastructure spending.
Nvidia Corp. is scheduled to report earnings after Wednesday's close. The stock hit a record high of $136.15/share in 2024 and is currently trading near $129.
Nvidia (NVDA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Traders in the U.S. equity options market are expecting Nvidia's upcoming earnings report to spark a more than $300 billion swing in the shares of the world's most dominant artificial intelligence chipmaker.
Since last August 31 '23, NVDA's revenue estimate has been revised higher by 49% while the EPS estimate has been revised higher by 64%. Even with the Blackwell delay, the NVDA EPS and revenue revisions are still quite robust, but that is not a suggestion or opinion on how to play the stock. July Core PCE due out Friday morning, August 30, is looking for a rather benign +0.1%.
Cerebras Systems launched on Tuesday a tool for AI developers that allows them to access the startup's outsized chips to run applications, offering what it says is a much cheaper option than industry-standard Nvidia processors.