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Nvidia Q2 earnings: 3 things for investors to watch

DeFi Daily News by DeFi Daily News
August 27, 2024
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Nvidia Q2 earnings: 3 things for investors to watch
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Investors are eagerly waiting on Nvidia’s (NVDA) second quarter earnings results, due out after the market close on Wednesday, August 28. Moor Insights & Strategy Founder, CEO and chief analyst Patrick Moorhead joins Yahoo Finance to discuss what to look for in the report.
Moorhead notes three things he’s looking for in the highly anticipated report, namely how “the enterprise business [is] growing,” Nvidia’s “system level versus GPUs,” and further “clarity” on Blackwell chip delays.
Moorhead states what the significance of Nvidia’s earnings figures, anticipated to be a major market mover, will come down to: “The question is not ‘is it going to be good?; The question is ‘how good?'”
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
#NVIDIA #BigTech #stocks #ai
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Tags: BondsbusinessCurrenciesEarningsEquitiesFXInvestingInvestmentInvestorsMarketMarketsMoneyNewsNvidiaNYSEPersonal FinancePoliticsSavingsStock marketstocksWatchYahoo FinanceYahoo FInance Premium
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