A visual preview | Strongly bullish from major institutions before the earnings report! nvidia's performance is about to arrive, and Blackwell may become a catalyst for the stock price. Can it lead the US stock market to continue its celebration?
According to Bloomberg consensus estimates, as nvidia's most critical business - datacenter is expected to achieve revenue of 29.083 billion USD, a year-on-year increase of 100.38%. This indicates that the share of this business in the company's revenue is expected to continue to expand to 88.06%, compared to 87.5% in the last quarter.
nvidia's Q3 financial report is coming soon; how important is it? Bank of America: It may determine the success or failure of the rebound in U.S. stocks!
① Nvidia will release its third-quarter financial report after the local time on November 20. This is its first financial report after being included in the Dow, which may become a "barometer" of the US stock market. ② Bank of America strategist said that compared with non-farm employment data, CPI or Federal Reserve meetings, Nvidia's earnings may pose greater risks to the performance of the S&P 500 index.
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Bank of America Merrill Lynch pointed out that the performance of this chip manufacturer may have a greater impact on US stocks than non-farm payrolls reports, CPI, or Fed meetings.
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This week, investors are focusing on important financial reports from nvidia and the cabinet nominations of the Trump administration.
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