Nvidia will 'clearly beat expectations': Analyst on earnings

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Nvidia News

Patrick Moorhead,Upcoming Earnings

Nvidia (NVDA) is set to post its first-quarter earnings for the fiscal 2025 year this Tuesday, May 22. Many on Wall Street will have their eyes set on the...

Many on Wall Street will have their eyes set on the chip-making giant since it was the leader of previous rallies seen in the market andMoor Insights & Strategy Founder and CEO Patrick Moorhead joins Morning Brief to give insight into the upcoming earnings and what investors should expect from its potential impacts on the market -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion.

"The concept of a machine to be able to function with general intelligence to me is a 2x bigger factor than what the internet is," Gene Munster said.A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed.

 

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