Reported about 2 months ago
Nvidia shares saw an increase in trading as a major analyst upgraded the stock price in anticipation of its crucial second-quarter earnings report next week. Wedbush analysts predict strong results and significant revenue growth, projecting earnings of 67 cents per share on $30 billion in revenue. Nvidia's performance is viewed as pivotal for market sentiment and further tech stock movement, especially given its major impact on AI chip demand.
Source: YAHOO