Reported 6 months ago
Nvidia's upcoming earnings report is seen as the final hurdle in big tech's strong earnings season, with investors anticipating the company to confirm the industry's robust performance and provide insights into future trends. Nvidia's shares have soared over 200% in the past year, adding $1.5 trillion in market value, and its results are expected to influence the overall market sentiment. Despite concerns about the AI boom, recent earnings from other tech giants like Alphabet and Amazon have shown strong demand for AI services, setting a positive tone for Nvidia's report. Investors are closely watching how Nvidia's results will impact the broader market and whether the company can maintain its impressive earnings streak.
Source: YAHOO