Nvidia Stock Poised For Major $298B Market Jolt As Q2 Earnings Loom, Says Goldman Sachs: “Can You Imagine If NVDA Beats Expectations?”

Benzinga08-28

Investors are closely watching NVIDIA Corp as it prepares to release itssecond-quarter earnings report on Wednesday, which could result in a significant market value fluctuation.What Happened: Nvidia...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1113766807?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-28 14:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1113766807","market":"us","top_or_hot":-1,"title":"Nvidia Stock Poised For Major $298B Market Jolt As Q2 Earnings Loom, Says Goldman Sachs: “Can You Imagine If NVDA Beats Expectations?”","media":"Benzinga","content":"<div>\n<p>Investors are closely watching  NVIDIA Corp as it prepares to release itssecond-quarter earnings report on Wednesday, which could result in a significant market value fluctuation.What Happened: Nvidia...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/24/08/40592599/nvidia-stock-poised-for-major-298b-market-jolt-as-q2-earnings-loom-says-goldman-sachs-can-you-im\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Poised For Major $298B Market Jolt As Q2 Earnings Loom, Says Goldman Sachs: “Can You Imagine If NVDA Beats Expectations?”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Poised For Major $298B Market Jolt As Q2 Earnings Loom, Says Goldman Sachs: “Can You Imagine If NVDA Beats Expectations?”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-28 14:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/24/08/40592599/nvidia-stock-poised-for-major-298b-market-jolt-as-q2-earnings-loom-says-goldman-sachs-can-you-im><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are closely watching  NVIDIA Corp as it prepares to release itssecond-quarter earnings report on Wednesday, which could result in a significant market value fluctuation.What Happened: Nvidia...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/24/08/40592599/nvidia-stock-poised-for-major-298b-market-jolt-as-q2-earnings-loom-says-goldman-sachs-can-you-im\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/24/08/40592599/nvidia-stock-poised-for-major-298b-market-jolt-as-q2-earnings-loom-says-goldman-sachs-can-you-im","article_id":"1113766807","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1113766807","pubTimestamp":1724825025,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"Investors are closely watching  $NVIDIA Corp(NVDA)$ as it prepares to release itssecond-quarter earnings report on Wednesday, which could result in a significant market value fluctuation.What Happened","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"高盛表示，随着第二季度盈利的临近，Nvidia股票将面临298B美元的重大市场震荡：“你能想象NVDA是否超出预期吗？”","themeId":"f2cf9c69190c4e75aafca401014e0e3b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1.1},"content_text":"Investors are closely watching  NVIDIA Corp as it prepares to release itssecond-quarter earnings report on Wednesday, which could result in a significant market value fluctuation.What Happened: Nvidia stock might experience a $298 billion market value fluctuation following its second-quarter earnings report, according to a Monday note from Goldman Sachs, reported Business Insider.Goldman Sachs’ trading desk indicated that options pricing data suggests a potential 9% move in Nvidia stock in either direction. This potential swing is based on the company’s $3.17 trillion market capitalization.Scott Rubner, managing director at Goldman Sachs noted that “the bar for Nvidia this earnings season is a lot lower than it has been in recent quarters,” due to fundamental selling in the tech sector. Nvidia holds the record for the biggest one-day market value swing at $330 billion, which occurred in late July.According to the bank, if Nvidia reports strong growth and forward guidance, it could surprise the stock market and lead to a significant move. “Can you imagine if NVDA beats expectations on Wednesday?” asked Rubner.Interactive Brokers strategist Steve Sosnick emphasized Nvidia’s integral role in the market, noting that more than 70% of the 25 most active trades on their platform have a connection to Nvidia. Sosnick stated, “We’ve gotten quite used to seeing NVDA atop the leaderboard most weeks, cementing its key role in investor psychology.”Why It Matters: Nvidia’s upcoming earnings report is crucial for several reasons. Analysts expect the company to report second-quarter revenue of $28.68 billion, a significant increase from $13.5 billion in the same quarter last year. Nvidia has consistently beaten revenue estimates in seven of the last eight quarters, showcasing its strong performance.Moreover, Nvidia is positioning itself as a central player in the AI ecosystem, akin to  Amazon.com  in e-commerce. Kevin Mahn, CIO of Hennion & Walsh, anticipates that Nvidia will surpass expectations, especially in its data center business, further solidifying its dominance in the AI sector.However, some experts caution that Nvidia’s stock might face short-term setbacks. Gene Munster, managing partner at Deepwater Asset Management, points to potential supply-demand imbalances and delays in the Blackwell project, which could negatively impact investor sentiment despite the company’s long-term growth prospects.Technical analyst Carter Braxton Worth remains bullish on Nvidia, advising investors to adopt a long-term strategy around the earnings period. He believes the company’s stock will continue its upward trajectory based on technical indicators.Price Action: Nvidia's stock closed at $128.30 on Tuesday, up 1.46%. In after-hours trading, the stock slightly dipped by 0.46%. Year to date, NVDA has surged by an impressive 166.35%, according to data from Benzinga Pro.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":8,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1113766807"}