The whole world is waiting for someone to speak on Tuesday night. It’s not the Fed—it’s Nvidia’s new boss.
For the first time in 33 years, Nvidia will report earnings without Jensen Huang. Interim CEO Kress, who also serves as CFO, is standing by the figures she set herself in August: revenue of around $108 billion, give or take 2%. The market expects $109 billion in revenue and earnings of $2.47 per share, with a gross margin of around 74%.
The stock has already taken a hit in anticipation: it closed Friday at $162.85, down 33% from its 52-week high of $243.37—a 30% retreat from record highs. One of the sparks behind Bitcoin’s recovery from $62,006 was the wave of liquidations among Asian retail traders triggered by Nvidia’s plunge. The correlation between the Nasdaq and Bitcoin has now reached 0.46.
The figures come out after the U.S. market closes Tuesday, followed by a conference call early Wednesday Beijing time. If results beat expectations and fourth-quarter guidance holds steady, easing AI fears, $BTC could make a run at $68,000. If things go south and gross margins fall further, $60,000 is in sight.
A. Get in ahead of earnings, betting Kress delivers an upside surprise: buy at $65,300 and look toward $68,000
B. The leadership-change question is still unresolved. Sit out earnings night and wait for $60,000
$BTC $ETH
#英伟达 #财报 #Bitcoin
For the first time in 33 years, Nvidia will report earnings without Jensen Huang. Interim CEO Kress, who also serves as CFO, is standing by the figures she set herself in August: revenue of around $108 billion, give or take 2%. The market expects $109 billion in revenue and earnings of $2.47 per share, with a gross margin of around 74%.
The stock has already taken a hit in anticipation: it closed Friday at $162.85, down 33% from its 52-week high of $243.37—a 30% retreat from record highs. One of the sparks behind Bitcoin’s recovery from $62,006 was the wave of liquidations among Asian retail traders triggered by Nvidia’s plunge. The correlation between the Nasdaq and Bitcoin has now reached 0.46.
The figures come out after the U.S. market closes Tuesday, followed by a conference call early Wednesday Beijing time. If results beat expectations and fourth-quarter guidance holds steady, easing AI fears, $BTC could make a run at $68,000. If things go south and gross margins fall further, $60,000 is in sight.
A. Get in ahead of earnings, betting Kress delivers an upside surprise: buy at $65,300 and look toward $68,000
B. The leadership-change question is still unresolved. Sit out earnings night and wait for $60,000
$BTC $ETH
#英伟达 #财报 #Bitcoin