![]() In other words, expect Nvidia stock to trade sideways or slightly lower after it reports earnings after the market close on August 23, according to Arya. Find the latest United States Oil Fund, LP (USO) stock quote, history, news and other vital information to help you with your stock trading and investing. This change has primarily affected the fundamental quotes on the desktop application (v4), as well as all quotes in the iOS and Android versions of StockMarketEye. ![]() The post-earnings reaction to Nvidia's upcoming earnings report could ultimately see some "near-term stock consolidation" after its solid year-to-date rally. Unfortunately, Yahoo Finance has decided to discontinue the main outlet that StockMarketEye and many other 3rd party financial apps use to get current stock quotes. "Listen for management commentary around continued sales acceleration." ![]() "Investors will look for clues on sustainability of these elevated forecasts considering a lukewarm US cloud service provider capex environment," Arya said. Arya said he also expects Nvidia's third-quarter revenue to accelerate up to 100% to about $12 billion.īut perhaps most importantly, the near-term direction of Nvidia's stock price hinges on guidance comments from CEO Jensen Huang, and as to whether these revenue gains are a short-term blip or have staying power. ![]()
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