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NVIDIA The stock price edged up slightly in premarket trading, as the market eagerly anticipates the company's upcoming earnings report.
NVIDIA The stock rose slightly by 0.8% in premarket trading as the market eagerly awaits the company’s upcoming earnings report. The market generally expects NVIDIA (NVDA.O) to report earnings per share of $1.52 and revenue growth of 67% year-over-year.Catherine Brooks of XTB said, “A blockbuster earnings report is expected as NVIDIA continues to benefit from massive capital spending by hyperscale companies.” Brooks noted that NVIDIA’s stock has fluctuated by an average of 4% following its past eight quarterly earnings releases.Ipek Ozcadeskaya of Swissquote wrote that strong earnings figures alone are not enough to inspire investors. The key lies in the details—cash flow, accounts receivable, profit margins, and forward-looking guidance.
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