🚨 Nvidia's First Earnings Without Jensen Huang: Make-or-Break Week for $NVDA
$NVDA closed Friday's session at about $162.85 (-2.0%). That left it down roughly 13% for the week after CEO Jensen Huang resigned amid board scrutiny. The stock has fallen more than 30% in six weeks, wiping out about $2T in market value. In Friday's session, the S&P 500 fell 0.4% and the Nasdaq fell 0.9%.
Nvidia reports fiscal Q3 results Tuesday after the close. Consensus is EPS of about $2.47 on revenue near $109B (+91% YoY). Interim CEO Colette Kress will lead the call, and options imply a move of about ±9%.
Why it matters:
• Nvidia's guidance is the main test of AI infrastructure demand
• Leadership questions: CEO search, Singapore-linked revenue
• A big move would ripple through $AMD, $AVGO, $TSM and the Nasdaq
What to watch next:
• Mon: US open, 9:30 ET / 17:30 Istanbul
• Tue: US October retail sales, 8:30 ET / 16:30 Istanbul
• Tue: $NVDA results ~4:20 PM ET (00:20 Wed Istanbul), call 5:00 PM ET (01:00 Istanbul)
Not financial advice.
#Nvidia #NVDA #Earnings #AIStocks #StockMarket
$NVDA closed Friday's session at about $162.85 (-2.0%). That left it down roughly 13% for the week after CEO Jensen Huang resigned amid board scrutiny. The stock has fallen more than 30% in six weeks, wiping out about $2T in market value. In Friday's session, the S&P 500 fell 0.4% and the Nasdaq fell 0.9%.
Nvidia reports fiscal Q3 results Tuesday after the close. Consensus is EPS of about $2.47 on revenue near $109B (+91% YoY). Interim CEO Colette Kress will lead the call, and options imply a move of about ±9%.
Why it matters:
• Nvidia's guidance is the main test of AI infrastructure demand
• Leadership questions: CEO search, Singapore-linked revenue
• A big move would ripple through $AMD, $AVGO, $TSM and the Nasdaq
What to watch next:
• Mon: US open, 9:30 ET / 17:30 Istanbul
• Tue: US October retail sales, 8:30 ET / 16:30 Istanbul
• Tue: $NVDA results ~4:20 PM ET (00:20 Wed Istanbul), call 5:00 PM ET (01:00 Istanbul)
Not financial advice.
#Nvidia #NVDA #Earnings #AIStocks #StockMarket