Nvidia Will Beat Wall Street’s Earnings Estimate by 10% or More on Wednesday

From Yahoo Finance: 2024-08-27 20:00:00

Nvidia, a leading AI company, is set to report its Q2 fiscal 2025 results, expected to be released on August 28, 2024. The company’s earnings are highly anticipated as it is considered a bellwether for the AI industry and the overall market. Nvidia has been dominating the AI chip market and strong results could indicate a robust AI market. Analysts predict that Nvidia will beat Wall Street’s earnings estimate by at least 10%, based on historical data. The company’s stock performance is closely watched as it is the second-largest stock on the S&P 500 index, behind Apple.



Read more at Yahoo Finance: Nvidia Will Beat Wall Street’s Earnings Estimate by 10% or More on Wednesday