Reported 5 months ago
Nvidia is expected to release its earnings report, with investors anticipating a 242% surge in revenue. Analysts predict profits to rise over 400% from a year ago, and the company would need to surpass estimates by 15% to avoid a sell-off. With high expectations for Nvidia and its significant market impact, analysts are optimistic about another beat and raise this quarter despite the stock already being up 90% this year. If Nvidia's results disappoint, it could have broader ripple effects across multiple sectors beyond just the tech industry.
Source: YAHOO