News Formal

Stocks at record levels are about to get their next major test — Nvidia's earnings results

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 72%

Regwall-Pro Notícia

Stock Markets,Markets,Business

Nvidia will test the sustainability of recent market highs, given its huge size in broad market indexes, as well as its influence over investor psychology.

Stocks are riding high heading into Nvidia's earnings results after the market close Wednesday. But the artificial intelligence darling's latest report could either be the event that helps markets continue their recent momentum, or drags them lower. U.S. stock market benchmarks have been hovering near all-time highs.

Research. "I think a miss would be devastating for the market." "It could be a coin toss if Nvidia simply meets expectations," said Stovall. "Because I believe that there is a whisper number." Beat and raise Many investors expect a strong showing from Nvidia will keep markets on their recent upward ascent.

's Stovall, who has a 12-month target of 5,610 for the S & P 500, noted that he does not expect investors will punish the stock if it does not beat by as much as it had in the past, saying the results are not likely to "interrupt the market's gradual move higher." As it is, Wall Street seems to be taking it for granted that Nvidia will beat and raise expectations after having done so quarter after quarter.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

When Nvidia beats estimates, these 6 AI stocks tend to riseFive U.S.-listed stocks and one Japan-listed company have risen between 6% and 33% after Nvidia revealed bumper earnings in the past.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Asian stocks rangebound with Fed minutes, Nvidia earnings in focusAsian stocks rangebound with Fed minutes, Nvidia earnings in focus
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Asia stocks edge up on Nvidia hopes, NZ dollar jumpsAsia stocks edge up on Nvidia hopes, NZ dollar jumps
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Stocks making the biggest moves premarket: Apple, Nvidia, Li Auto and moreThese are the stocks posting the largest moves in premarket trading.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Nvidia’s earnings will be in focus next week as stocks try to sustain record levelsThe AI chipmaker could reinvigorate a trade that has the power to propel stocks higher at a time when market leadership has broadened.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

These stocks, including Nvidia, are still cheap and compelling, Bank of America saysBank of America said this week there's a slew of cheap stocks for investors to buy right now.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »