This Week: Nvidia earnings and US, EU inflation data
The final week of August is expected to be volatile, with major market-moving events including Nvidia's earnings release, Eurozone and US inflation data, and potential impacts on FX, indices, and US stocks.
The company's chips continue to be at the center of AI development. According to Bloomberg, the company's market share is estimated to be between 70% and 95% of the AI chip market.
Nvidia climbed above $1000 postmarket on strong earnings
Nvidia climbed above $1000 postmarket after reporting its best-ever quarterly revenue and earnings results, showing 262% year-over-year revenue growth and a 585% jump in earnings.
This Week: Nvidia to report it’s earnings for Q1 2024
This stock is forecasted to then move 8.5% up or down when US markets reopen Thursday, depending whether Nvidia’s results for the three months ending April 30th excites or disappoints.
The final week of August is expected to be volatile, with major market-moving events including Nvidia's earnings release, Eurozone and US inflation da...
The company's chips continue to be at the center of AI development. According to Bloomberg, the company's market share is estimated to be between 70%...
This stock is forecasted to then move 8.5% up or down when US markets reopen Thursday, depending whether Nvidia’s results for the three months endin...
The S&P 500 struggles to reclaim $5000 as looming FOMC minutes and NVIDIA earnings fuel uncertainty for the market index....
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