$NVDA
NVIDIA EARNINGS TOMORROW COULD DECIDE WHETHER THE AI BULL MARKET CONTINUES OR NOT.
Nvidia reports Q2 results tomorrow, with Wall Street expecting roughly $92 billion in revenue, almost double last year.
That matters because Nvidia is the largest U.S. company and one of the biggest weights in the S&P 500.
It is also one of the clearest indicators of whether the hundreds of billions being spent on AI infrastructure are actually translating into demand.
Last quarter, Nvidia reported $81.6 billion in revenue, while Data Center revenue jumped 92% YoY.
Tomorrow, the market will be watching revenue, margins, Rubin demand, China sales and, most importantly, guidance.
At the same time, the chart shows NVDA approaching the $195–$200 support zone, with the larger bull-market support around $165–$170.
A strong report and a hold of support would keep the AI trade intact, while a major breakdown could hit semiconductors and other AI-heavy stocks with it.
With Nvidia now deeply tied to S&P 500 earnings and performance, this is much bigger than just one company’s earnings report.
NVIDIA EARNINGS TOMORROW COULD DECIDE WHETHER THE AI BULL MARKET CONTINUES OR NOT.
Nvidia reports Q2 results tomorrow, with Wall Street expecting roughly $92 billion in revenue, almost double last year.
That matters because Nvidia is the largest U.S. company and one of the biggest weights in the S&P 500.
It is also one of the clearest indicators of whether the hundreds of billions being spent on AI infrastructure are actually translating into demand.
Last quarter, Nvidia reported $81.6 billion in revenue, while Data Center revenue jumped 92% YoY.
Tomorrow, the market will be watching revenue, margins, Rubin demand, China sales and, most importantly, guidance.
At the same time, the chart shows NVDA approaching the $195–$200 support zone, with the larger bull-market support around $165–$170.
A strong report and a hold of support would keep the AI trade intact, while a major breakdown could hit semiconductors and other AI-heavy stocks with it.
With Nvidia now deeply tied to S&P 500 earnings and performance, this is much bigger than just one company’s earnings report.
