US Earnings Preview: What to Expect from NVIDIA Results

is driven by the increasing demand for AI technology, and the company has received optimistic price target upgrades from institutions like Goldman Sachs and Bank of America.

Fueling this ascent, esteemed financial institutions such as Goldman Sachs and Bank of America have issued bullish price target upgrades, injecting a fresh wave of optimism among investors. This vote of confidence has been instrumental in driving the aggressive capital gains NVIDIA has enjoyed recently.

GAAP and non-GAAP operating expenses are expected to be approximately $3.17 billion and $2.20 billion, respectively.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia rally is fueling FOMO in the overall market, Evercore's Julian Emanuel warnsEvercore ISI's Julian Emanuel finds clients are more worried about being underinvested than overexposed right now.
Source: CNBC - 🏆 12. / 72 Read more »

L'Oréal (OR) Q4 Earnings 2023: Revenues Rise 2.8 PercentL'Oréal (OR) earnings are in: sales rise 2.8 percent, bolstered by business from the Dermatological Beauty division and emerging markets.
Source: wwd - 🏆 24. / 68 Read more »

Stocks open mixed amid earnings deluge, revised inflation dataStocks open mixed amid earnings deluge, revised inflation data
Source: Investingcom - 🏆 450. / 53 Read more »