Nvidia’s Earnings Have Wall Street Excited. Why That’s a Risk.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?

Wall Street’s bullishness on Nvidia ahead of the chipmaker’s hotly-anticipated earnings this week is reaching fever pitch—a trend that has the potential to be a risk for both the stock and wider sentiment if the company doesn’t deliver.

With Nvidia set to report second-quarter earnings on Wednesday, Wall Street has been banging the drum, with a steady stream of analysts outlining bullish expectations into the company’s results—a trend that has shown no sign of stopping. “We expect Nvidia to report results and guidance meaningfully above consensus expectations driven by strong demand and incremental capacity,” KeyBanc analysts led by John Vinh wrote in a Sunday note. “We see favorable risk/reward into earnings and remain Overweight.”

It raises the question: if everyone expects a beat-and-raise, is even a beat-and-raise a beat-and-raise?

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Wall St opens higher with focus on Nvidia earnings, Jackson Hole meet By ReutersWall St opens higher with focus on Nvidia earnings, Jackson Hole meet
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Top Wall Street analysts pound the table on these 5 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Amazon and Netflix.
Källa: NBCPhiladelphia - 🏆 569. / 51 Läs mer »