Today on “Asking For A Trend,” host Julie Hyman covers a wide range of topics, from market dynamics to succession plans. The focus is on Nvidia’s upcoming earnings release and its potential impact on the market. Guest Ivana Deleveska provides insights into Nvidia’s earnings outlook, while Sarge986 LLC President Stephen Guilfoyle discusses dominant macro trends influencing stock movements. The episode also delves into the succession plans of Grayscale’s CEO.
Nvidia’s highly anticipated earnings report is expected to beat estimates, especially due to the growth in data center revenue. The discussion also touches on the importance of Capex in hyper-scalers like Amazon and Microsoft, in contrast to Nvidia’s focus on R&D. The episode also explores the training versus inference phases in AI development and how Nvidia is positioned for both. Looking ahead, the focus shifts to other themes fueling growth in AI beyond Nvidia.
The broader market is influenced by rising prices and a weakening US economy, leading to concerns about stagflation. Investors are advised to incorporate inflation into their investment strategies and focus on commodities like gold, silver, and copper. The discussion also touches on the implications of rising electricity demand for utility stocks. The show wraps up with a chart of the day, highlighting the shift in flows between grayscale and BlackRock’s spot Bitcoin ETFs, pointing to changing investor preferences.
Peloton’s shares are falling after the company announces a convertible notes offering to refinance debt and drive growth. The offering dilutes existing shareholders’ value, reflecting the company’s struggles post-pandemic. Despite challenges, Peloton is raising funds to navigate its turnaround journey.
The episode concludes with a preview of the next day’s show, inviting viewers to stay updated on market-moving stories. Join us tomorrow at 4:30 p.m. Eastern for the latest updates on market trends and financial news.
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https://finance.yahoo.com/video/nvidia-impact-markets-grayscale-ceo-223236768.html
