Nvidia's Earnings Set to Shake Markets

Reported 6 days ago

This week is dominated by Nvidia as the company is expected to report a significant earnings increase, projecting 74 cents per share for a total revenue jump of 81.1% to $32.8 billion, indicating its strong position in the AI chip market. Despite a recent decline in share price, Nvidia's market cap stands at $3.483 trillion, surpassing that of Apple. Other major companies also reporting earnings include Walmart and Home Depot, while markets remain cautious amid Federal Reserve signals regarding interest rates and inflation.

Source: YAHOO

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