Nvidia rebounds ahead of earnings

2 months ago

Christine Aino

"And the big daddy of AI is Nvidia. That's right, Scar. And it's making quite the comeback this morning or this afternoon because this morning it was definitely down. So Nvidia took her NVGA. Those shares are now up more than 2%. And you know, we know that Nvidia when when it's the tide that basically lifts or sinks all boats and it is currently lifting all the boats because along with Nvidia's rebound, of course, we see the S&P 500 also up. Now, everyone of course is going to be looking forward to the earnings next week that is going to be after the bell on Wednesday and of course the big focus there is again whether they're going to be able to deliver beats for both their third quarter fiscal results as well as their fourth quarter guidance."

Nvidia is highlighted as a key mover with shares rebounding over 2% ahead of its earnings release next week. The commentary underscores Nvidia's influence on the broader market and emphasizes its critical role as an AI leader, while investors await potential fiscal beats and guidance improvements.

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