Nvidia may find it hard to impress Wall Street with earnings bar raised so high

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Markets 뉴스

Stock Markets,Investment Strategy,NVIDIA Corp

Investors have come to believe that beats and raises are part of the DNA for Jensen Huang's company.

Believe it or not, it's tough being Nvidia . The dominant maker of processors for use in artificial intelligence has soared 720% since ChatGPT was introduced in Nov. 2022. It's seen the biggest gain in the S & P 500 this year too, up 160% heading into its earnings results Wednesday evening. At $3.16 trillion, it is now the second-most valuable company on the U.S. stock market, just behind Apple's $3.46 trillion. Earnings and revenues have doubled in the past year.

But the impact has been shrinking – just as the overall Mag 7 impact has been diminishing with second quarter earnings growth broadening out. Last season , Nvidia was responsible for a little more than one-third of the S & P 500's 8% earnings growth. This quarter though, it's expected to make up just 16% of the index's nearly 13% growth.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
출처: nbcchicago - 🏆 545. / 51 더 많은 것을 읽으십시오 »