Nvidia Notches Longest Losing Streak Since 2022. Tomorrow's Earnings Could Make It Worse
Wall Street expects about $92 billion in revenue and 95% growth, leaving little room for Nvidia to miss or offer cautious guidance.
6 Articles
6 Articles
Nvidia Notches Longest Losing Streak Since 2022. Tomorrow's Earnings Could Make It Worse
Nvidia enters its most anticipated earnings report in years on the back of a seven-session losing streak, and Wall Street has moved the goalposts so far that even a record-breaking quarter might not be enough to stop the bleeding.
Artificial intelligence chip company Nvidia snapped its seven-day losing streak ahead of tomorrow's earnings release.
Nvidia snapped a seven-day losing streak on Tuesday as investors prepare for its quarterly results scheduled for Wednesday.
Why Nvidia stock is rebounding 2% today after a 7-day losing streak
Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker's fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia's longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has also highlighted the stock's underperformance relative to the broader semiconductor sector. …
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