LOS ANGELES (AP) — Sales of Nvidia’s artificial intelligence chip Blackwell will be top of mind when the company releases its latest financial...
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Maroc - FINANCIALMIRROR.COM - A La Une - Hier 13:15
Nvidia earnings could break market’s losing streak
Nvidia’s highly anticipated fourth-quarter earnings later Wednesday could be the catalyst that snaps the S&P 500’s four-day losing streak and reignites investor enthusiasm for AI and tech stocks, predicts the CEO of financial advisory giant deVere Group. Nigel Green expects Nvidia to beat analyst forecasts – but the real question is whether that will be enough to satisfy the market’s soaring expectations. Analysts expect revenue of $38.1 bln, a 72% year-over-year increase, with adjusted earnings per share of 84-85c, up 64% from last year. “Wall Street already anticipates stellar results, but investors appear to be pricing in something even bigger –
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