News Formal

Retail traders are bullish on Nvidia ahead of earnings, while others not so much

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Ambarella Inc Nachrichten

Earnings,NVIDIA Corp,Stock Markets

The big day is finally here, and retail traders are excited.

Nvidia is set to report fiscal second-quarter results after the bell Wednesday. The company's earnings and revenue are forecast to have more than doubled from the year-earlier period, LSEG data shows. It's also forecast to issue strong fiscal third-quarter guidance. Despite these lofty expectations, small investors feel good about Nvidia heading into the report.

mountain NVDA year to date Bigger investors, however, have been doing the opposite. Goldman Sachs pointed out recently that both mutual and hedge funds are on average the most underweight they've been on tech in the past decade . This, according to the bank, was driven by selling in megacap tech names such as Apple and Nvidia. Bottom line: this report could send ripples through the market — impacting both retail and more sophisticated investors.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia, Super Micro Computer lead AI trade carnage with both stocks down more than 12%Artificial intelligence stocks that have powered much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall…
Herkunft: NBCNewYork - 🏆 270. / 63 Weiterlesen »

Nvidia, Super Micro Computer lead AI trade carnage with both stocks down more than 12%Artificial intelligence stocks that have powered much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall…
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »

Futures muted ahead of Nvidia earningsFutures muted ahead of Nvidia earnings
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

CNBC Daily Open: Stocks up ahead of Nvidia earningsStocks edged higher ahead of Nvidia’s earnings report. The Dow Jones Industrial Average eked out a 0.02% increase, marking its second consecutive record close.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Analysis of Nvidia's stock chart ahead of the big earnings reportTodd Gordon breaks down the stock chart on Nvidia and how he is investing accordingly.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »