Nvidia's impact on S&P 500 earnings growth: Chart of the Day

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Nvidia Nouvelles

Julie Hyman,Equity Market

Nvidia's (NVDA) first-quarter earnings are highly anticipated as the chip company's stock closed at a record high on Tuesday. Yahoo Finance's Julie Hyman...

Expectations for Nvidia's latest report, they are sky high and the tech giant even closed at an all time record.The tech giant is gonna add nearly 2.5% of eps growth to the first quarter of the year.

If you look at the out quarters in the estimates as well, you're looking at it alone accounting for at least a percentage point of earnings per share growth for the S and P 500 even as far as in the fourth quarter when it's looking like, you know, well, a little bit smaller at that point as the growth gets a little bit smaller.

And you can see there has been an explosion last year around this time when there was really this ramp up in demand for generative A I and for the GP U that makes to power the training of all of these large language models. But also it's presumed that there will be more competition in this market that both the other chip companies will have developed their alternatives.

'The real AI darling': This data-center stock has beaten Nvidia by 310% since last year's blockbuster earnings

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: S&P 500 snaps 6-day losing streak ahead of Big Tech earnings rushBig Techs are the highlight as hopes rest on this week's flood of earnings to reassure and reignite the market.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earningsResults from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »