Amitis Investing forecasts NVDA earnings with significant implications
@amitisinvesting: NVDA earnings preview
NVIDIA is expected to report its quarterly earnings, raising anticipation among investors due to an expected 8 percent implied market move.
Amitis Investing, a prominent figure in the investing community, highlights this upcoming event as a major focal point for both bulls and bears. Explicitly, the market anticipates NVIDIA to announce $43 billion in revenue with $0.81 earnings per share.
Amidst the escalating expectations, NVIDIA's stock has transformed considerably since April, where it faced skepticism and critique. Now, with earnings unfolding, investors brace themselves for pivotal shifts, either targeting $121 as a bearish low or $142 on the bullish end.
This marks a critical juncture for the company, showcasing its ability to redefine its position amidst technological shifts and market sentiments.
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