All eyes are on Nvidia (NVDA) as Wall Street eagerly awaits the tech giant’s second quarter results, due out after the market close on Wednesday, August 28. Investors are anticipating substantial year-over-year growth, with earnings expected to increase by 109% and revenue projected to grow by 99% year-over-year. Given these high expectations, analysts are questioning whether the semiconductor giant can meet them.
Catalysts anchors Brad Smith and Madison Mills preview the earnings expectations for the semiconductor giant, discussing the potential impact on the stock and broader market.
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Angel Smith
Follow along with Yahoo Finance’s latest coverage of Nvidia ahead of its earnings this week:
Why Nvidia’s stock rally is not driving broader market gains
Nvidia earnings highlight a busy end of August: What to know this week
If you don’t own Nvidia stock, you are missing a revolution, tech investor says
Nvidia earnings: One top tech analyst’s key metric to watch
Nvidia gets ready to take over the stock market (again)
Nvidia earnings: Rationality is out the window, analyst says
Nvidia vs. Alphabet: Strategist picks which to buy & avoid
Nvidia investing ‘aggressively’ in R&D: Analyst explains why
Nvidia earnings: Options market predicting $300 billion swing in stock
Nvidia still the best AI chip play right now: Analyst
Nvidia earnings: What the options market is anticipating
4 AI terms Nvidia investors should know
Nvidia earnings ‘absolutely key to the AI infrastructure trade’
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
