All eyes dey on Nvidia as dem dey prepare to drop dem earnings report, amid market wahala and fear say AI bubble go burst. Investors and analysts dey look sharp to see if di chipmaker go fit clear di air on whether di valuations of AI companies don reach di highest point.
What to Expect from Nvidia's Earnings?
Plenty things dey depend on how Nvidia CEO, Jensen Huang, go talk about di future. Even though analysts dey sure say Nvidia go pass Wall Street expectations, dem dey wait anxiously for news on how di demand for dem AI chips dey go.
David Meier from Motley Fool talk say: "No doubt say Nvidia still dey lead for AI-focused chips. I dey expect say revenue, margins, and cash flows go dey close to wetin analysts dey expect. But di important information go come from wetin dem talk about where dem see di markets dey go, whether na for AI market or new market wey di company dey pursue."
Market Concerns and Investor Moves
Nvidia shares don dey down by 7.9% for November as investors dey sell off dem stocks. Peter Thiel's hedge fund, Thiel Macro, sell off all dem shares for di chipmaker last quarter. Softbank also sell off dem $5.8bn shares for di company, wey dey make people fear more about AI bubble.
Broader Market Impact
Di Dow and S&P 500 manage to end dem losing streak on Wednesday, ahead of Nvidia's earnings report. Di tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average all finish up.
Investors dey also wait for di September jobs report, wey dey delayed because of di US government shutdown. Di report suppose to drop on October 3, but e no happen because of di shutdown.
Nvidia's Influence on the AI Trade
Nvidia's earnings report fit affect di AI trade and di broader stock market. Shares enter Wednesday down nearly 5% dis week and more than 12% from dem closing high on October 29, but dem manage to end up 2.8%.