PVG Market In A Minute-August 27, 2024
August 27, 2024
NVDA: which reports on Wednesday, has currently about 10% volatility up or down expected after their earnings report, so about .70% plus or minus for the S&P 500. Clearly this is a high volatility and big potential impact on the market. The consensus is for revenues of $28.7 billion and $.65 in EPS versus $26.0 billion and $.60 EPS last quarter. The last 4 quarters NVDA beat the mid-point of their guidance by $2.0 billion each quarter and had revenue growth each quarter on average of $4.5 billion but slowing down to $4 billion the last 2 quarters.