NVIDIA Stock Fell
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Wall Street kicked off the week on a sour note, with stocks and bitcoin tumbling as a risk-off attitude spread through markets.
For Q3, analysts are anticipating adjusted earnings per share (EPS) of $1.26 on revenue of $55.2 billion, according to Bloomberg consensus data. That would represent increases of 55% and 57% increase versus the $0.81 EPS and $35.1 billion the company reported in the same period last year.
Stock futures have held following a day of losses, with major gauges set to break months long streaks of gains.
Arm Holdings Plc plans to start incorporating Nvidia Corp.’s NVLink technology into chip designs for AI data centers, tightening the relationship between two influential semiconductor companies.
Chris Brigati from SWBC says Nvidia is still a good investment despite recent concerns about its high valuation.
Nvidia stock drops over 2% as investors brace for earnings, rising valuations, and big-name exits fueling market jitters.
Nvidia and 19 Other Stocks Now Make Up 50% of the S&P 500. Here's What It Means for Your Investment Portfolio. Many of the largest S&P 500 components are expensive but are generating rapid, high-margin earnings growth.
Nvidia's earnings event is just days away and Wall Street is zeroed in on the AI bellwether's third-quarter results.
NVIDIA Corporation (NASDAQ:NVDA) is one of the 15 Best Aggressive Growth Stocks to Buy Right Now. On November 7, Reuters reported that NVIDIA Corporation’s (NASDAQ:NVDA) CEO Jensen Huang stated that there are no active talks about selling the company’s latest Blackwell AI chips to China.