Nvidia (NVDA) reports its second-quarter earnings tomorrow after the bell – and everyone is teeming with anticipation after its last unforgettable earnings performance. You remember, in May – when Nvidia upped its quarterly revenue guidance by a full 50%, and its stock price flew 25% higher in the blink of an eye? That was the trigger that launched Nvidia into "The Trillion-Dollar Club," putting it among an elite group of stock market leaders. Before then, only Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), and Amazon.com (AMZN) could claim market caps over $1 trillion. And the catalyst behind Nvidia's meteoric rise? Only the most significant "mega" trend we're tracking in 2023: artificial intelligence. 📈 Miss out on the Nvidia rally? This $2 AI stock is only just getting started... and could turn into one of the biggest undercover AI opportunities of the decade. More here. With all eyes on Nvidia and AI, Wednesday's earnings report has our full attention. And we're not the only ones. Nvidia's stock price surged higher on Monday, gaining as much as 8% since Friday's opening bell. But underneath the surface, a "buy the rumor, sell the news" event could be in play. "Buy the rumor, sell the news" is like a dance between anticipation and realization – where investors buy up stocks on positive rumors, then sell once the news is officially announced. The tricky part is: Even if the news is great, the stock can plummet once it's released. We know the options market is pricing in a nearly 12% move on Nvidia's earnings report, signaling high volatility and uncertainty in the days ahead. Nvidia – and the AI "mega" trend that's defined investing in 2023 – will be put to the test. Here's what you need to know to prepare for the risks – and opportunities – that come with this high-stakes earnings event... Click here to continue reading |
No comments:
Post a Comment