Nvidia will present its results from the second fiscal quarter on Wednesday. The market Wait for income of 46,000 million dollars54% more than a year ago, with benefits per share of $ 1.01, 48% higher.
Why is it important. Nvidia is no longer just one more technological company. With almost 8% of the weight of the American index S&P 500 and a market value of 4.3 billion dollars, its results move world bags.
Investors hope that Wall Street ranges 0.9% after knowing the figures, more even after types of types of interest of the Federal Reserve.
The context. Large technology still invests fortunes in artificial intelligence. Amazon, Microsoft, Meta and Google represent 40% of Nvidia’s income. Their investment plans in data centers and graphic processors do not show brake signals. Goal has just launched Your Superintelligence Laboratory. Tesla bets on autonomous cars and humanoid robots.
The problem is that the market already discounts perfection. The action quotes in its historical maximums and any disappointment, however small, could trigger a brutal correction.
Yes, but. China is still the great unknown. The Chinese government has just recommended to local businesses that Avoid NVIDIA H20 chipspecifically designed for that market. The United States had authorized sales in exchange for keeping 15% of incomebut the commercial war threatens a market valued at 50,000 million dollars.
Between the lines. Analysts are still extremely optimistic. Nine investment firms have uploaded their target prices in the last week to an average of $ 194, 9% above Friday’s closure. But the option of options Sample nervousness: investors expect a 6% movement in any direction.
Sectorial rotation has already begun. Technology has been the worst stock market sector in August and interest -ranking values have taken off. Small companies rise 5% in the last month. The construction companies, 10%.
At stake. If Nvidia disappoints, even if it is minimally, it could trigger a massive sale in technology and confirm bubble fears in artificial intelligence. If you exceed expectations, it will revive the technological increases and remove the ghosts of the recession.
As says The strategist Art Hogan: “Nvidia has the potential to be the positive catalyst.” Or, we would add to sink everything.
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Outstanding image | Nvidia
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