Nvidia, a leading chipmaker, is set to report its quarterly results, with analysts predicting strong earnings of $5.59 per share on $24.65 billion in revenue. The company’s performance will be closely watched by Wall Street, especially regarding the demand for its artificial intelligence chips. Nvidia has been surprising analysts with strong demand for its products, … Read more
Nvidia Corporation, a market favorite, is set to report its fiscal first-quarter results and guidance, generating a lot of interest on Wall Street. With a market capitalization of nearly $2.4 trillion, Nvidia’s performance is closely watched in the technology sector and the overall market, according to Wedbush Securities analyst Dan Ives. Ives expressed optimism about … Read more
Nvidia Corp. is poised to release its first-quarter earnings report, sparking anticipation among investors and analysts. Expectations are high for the company to meet or exceed previous performance metrics. Analysts are closely watching key numbers such as revenue, non-GAAP EPS, and non-GAAP gross margin. The impending launch of Nvidia’s new flagship GPU platform poses a … Read more
Asian investors were struggling to maintain a recent rally across markets as they awaited the earnings release of U.S. technology company Nvidia. Despite the S&P 500 and Nasdaq hitting record highs and the Federal Reserve’s May policy minutes providing some insight into interest rates, there were few catalysts to drive buying. The uplift in stocks … Read more
US futures are holding steady as investors await Nvidia’s earnings report and signals from the Federal Reserve. Dow and S&P futures are stable, but Nasdaq futures have fallen slightly. Investors are facing a dilemma between optimism about technology stocks and uncertainty about potential rate changes. Prices are showing signs of easing, but the Federal Reserve … Read more
Nvidia is set to release its earnings report on Wednesday, with options markets predicting an 8.7% swing in the stock price by Friday. This could result in a $200 billion change in Nvidia’s market capitalization, making it the third-largest company on Wall Street after Microsoft and Apple. The company’s impressive profits this year have been … Read more
Nvidia is set to release its first-quarter earnings report after the market closes on Wednesday, with Wall Street anticipating an increase in sales of the company’s AI chips leading up to the launch of its next-generation Blackwell chip. Analysts are closely watching for updates on current chip sales, guidance for the future, and supply and … Read more
Investors often rely on recommendations from Wall Street analysts to guide their buying, selling, or holding decisions when it comes to stocks. The average brokerage recommendation (ABR) for Nutanix (NTNX) is currently 1.50, indicating a consensus between Strong Buy and Buy based on ratings from 14 brokerage firms. However, it’s important to consider the reliability … Read more
Wall Street analysts are cautiously optimistic about Cisco Systems’ prospects for 2024, despite predictions that the company will underperform compared to its peers and the broader market. Cisco Systems, a technology company, is facing challenges that may impact its performance in the upcoming year. Analysts are closely monitoring the situation and advising investors to proceed … Read more
Amid the disruptions in the legacy VMware channel following the acquisition by Broadcom, one investor sees Nutanix gaining with the help of affected resellers.By Larry Walsh Broadcom wasted no time in reshaping the VMware channel to align with its go-to-market vision, altering the nature and structure of its relationships with thousands of the virtualization software … Read more