Reported about 16 hours ago
Nvidia stock increased by 3.7% ahead of its much-anticipated fourth quarter earnings report, with Wall Street expecting significant growth in revenue and earnings per share. The AI chipmaker's results are seen as critical for the technology sector, especially as major companies like Microsoft, Amazon, Google, and Meta have invested heavily in Nvidia's GPUs. Despite some recent stock stagnation and external market pressures, analysts remain optimistic, with 56 out of 60 recommending buy ratings on the stock.
Source: YAHOO