Nvidia Earnings: Analysts Say Rationality is Out the Window

Reported about 2 months ago

Nvidia is set to announce its Q2 earnings on August 28, with analysts predicting revenues of $28.8 billion and adjusted earnings per share of $0.65. However, Technalysis Research's Bob O'Donnell believes that rational analysis has given way to psychological factors affecting Nvidia's stock pricing, suggesting that regardless of the actual financial outcome, emotional responses will dominate market reactions.

Source: YAHOO

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