NEW YORK - Earnings from semiconductor bellwether Nvidia on Wednesday are set to provide the latest test for a U.S. stock market rally that has taken indexes to record highs this year.
"If they do well ... there are going to be a lot of stocks that ride its coattails," said Jay Woods, chief global strategist at Freedom Capital Markets. "It's very rare you have one stock that can have such a dramatic impact on the overall market. But Nvidia has earned that." Nvidia's presence in AI means "what they report can have a pretty significant bearing on a perception of the major investment theme that's out there right now," said Chuck Carlson, chief executive officer at Horizon Investment Services. AI is "touching every single area, and the nexus of all that is Nvidia," he said.Nvidia's fiscal first-quarter results are due after the market closes on Wednesday.
"The bar is high," said Bryant VanCronkhite, senior portfolio manager at Allspring Global Investments. "Investors are being very demanding right now, and I don’t see why Nvidia wouldn’t have the same hurdle rates that these other companies have had."Nvidia's blockbuster results a year ago - when the company projected quarterly revenue more than 50% above Wall Street estimates - helped accelerate the market’s excitement for all things AI.
"As great and as sure as things seem right now for Nvidia, the revenues are still very volatile and I think fairly highly unpredictable," said Matt Benkendorf, chief investment officer at Vontobel Quality Growth. Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.Here’s a very reliable, dividend-paying Canadian bank stock you can buy at a bargain right now and hold for the long term. The post 1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
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منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »