The whole world is waiting for NVIDIA's new quarterly figures, which the company will release this evening. Analysts have already announced new price targets on the upside: there is talk of $1,200, even $1,500. Is this realistic? Yes, both from a technical and a fundamental perspective. The AI boom is just gaining momentum and is unlikely to turn out to be a...
Semiconductor giant Nvidia prepares to deliver its first-quarter earnings report on Wednesday, a closely watched event for investors gauging the health of the artificial intelligence (AI) sector.
Market Expectations Point to Explosive Growth
Analysts anticipate a banner performance from Nvidia, fueled by surging demand for its AI chips. Revenue and profits are...
- The 1hour ascending triangle chart pattern for NVIDIA indicates an upward trend.
- An uptrendline from $889.38 rejected the price at $917.77 after retracing from $958.58, which currently serves as resistance.
- The price continued upward after the rejection and is now around $953.77.
- If the uptrendline rejection holds, the price is likely to rise to the...
NVDA has a bearish ascending wedge, but has also shown extreme strength and has exceeded revenue expectations 18 quarters in a row. Not something you'd want to bet against, I'd stay bullish above the $925 area, but if it falls below that'll be an ascending wedge break and a key support level break. Can be a good opportunity either way.
NVIDIA Corporation (NASDAQ: NVDA) is expected to report its fiscal first-quarter earnings on **May 22, 2024**, after the market closes¹. Here's what you can anticipate:
1. **Revenue**: Wall Street expects Nvidia's fiscal Q1 2024 revenue to be around $7.19 billion, representing a 234% increase year over year. However, the company's guidance for fiscal Q1 2025 is...
This year has been remarkable for Nvidia (NASDAQ: NVDA) investors, with the company's shares surging more than 91%. The stock's momentum might receive a further boost when Nvidia announces its first-quarter fiscal 2025 earnings on Wednesday, May 22.
Nvidia is set to release its quarterly report amid favorable trends in the artificial intelligence (AI)...
Notice the momentum shifting to the upside with 4h Highs to takeout. 1h showing strength flagging post market, may be a good breath before price exhales at open tomorrow.
Hello,
NVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other.
The company is setting up for buy positions on the 6hour & bigger timeframes. I will be looking to buy the stock from...
