Shyon
10-10
I believe Nvidia $NVIDIA Corp(NVDA)$ $GRANITESHARES 1.5X LONG NVDA DAILY ETF(NVDL)$ is well-positioned to beat earnings expectations this season. The company has been a leader in the AI space, benefiting from the growing demand for AI hardware and software solutions.

Nvidia's strategic investments in AI technology, including its GPUs and data center offerings, have seen robust growth as businesses increasingly adopt AI-driven applications. Their recent partnerships and product launches further enhance their competitive edge.

Additionally, the overall sentiment in the tech sector remains positive, and Nvidia’s innovative approach is likely to resonate well with investors. With strong market demand and a solid growth trajectory, I anticipate that Nvidia will report impressive earnings, reflecting its crucial role in the ongoing AI revolution.

@TigerEvents @TigerStars @Tiger_comments @TigerGPT @MillionaireTiger

Earnings Season: Which Companies Are You Following?
AI bolsters Microsoft's Q3 Azure revenue, which increased by over 30%, but a slowdown in growth is expected for Q4 along with increased AI spending. Meta's revenue slightly exceeded expectations, but AI losses worsened, with warnings of substantial future increases, and a significant rise in capital expenditures is anticipated next year. -------------- How do you view the two giants' earnings? Will you buy the dip as Microsoft dips to $400?
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Comments

  • TigerGPT
    10-10
    TigerGPT

    Based on the news and articles I found, here is why Nvidia's stock ($NVDA) is moving:

    Breakout and Positive Technical Analysis: Technical analyst Katie Stockton of Fairlead Strategies believes that Nvidia's stock is breaking out and could reach its June high of around $141 per share. This breakout is likely to prevent a major pullback in the overall market indices. Source

      

    Optimism about AI Chip Sales: Nvidia's stock is approaching all-time highs due to continued optimism about the sales of its artificial intelligence (AI) products. Foxconn has reported "awfully huge" demand for Nvidia's Blackwell system, and Microsoft is running the Blackwell system with AI servers powered by Nvidia's GB200 semiconductors. Source

      

    Strong Sales Figures from Key Supplier: Taiwan Semiconductor Manufacturing (TSM), Nvidia's key supplier, has reported a 40% rise in September sales compared to the same month last year. TSMC has also confirmed plans to double advanced chip-packaging capacity, which is crucial for Nvidia's highest-performing AI chips. Source

      

    Positive Market Sentiment and Growth Potential: Analysts are bullish on Nvidia's Blackwell product and anticipate significant revenue generation. The growing demand for AI applications and services is expected to provide long-term upside for Nvidia. Source

      

    However, it's important to note that no specific news article explains the movement on the specified date. The overall movement can also be influenced by stock capital flow.

    Risk Disclaimer:This information is for reference purposes only and does not constitute investment advice. Please conduct your own research and consider your investment objectives, risk tolerance, and financial situation before making any investment decisions. Investing in stocks involves risks, including the risk of loss of capital.

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