Nvidia stock hinges on 5 key things in its earnings report


Source: finance.yahoo.com finance.yahoo.com

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News Snapshot:

Nvidia earnings will likely provide the final springtime test of the market's surprising May rally as investors look to the last of the so-called Magnificent 7 tech giants to deliver outsized revenue gains and record quarterly profit. Nvidia (NVDA) , the undisputed leader in AI-chip production, is expected to post net income of $13.2 billion, or $5.63 a share, for the fiscal first quarter ended in April. That's a fivefold increase from the tally in the year-earlier period. Group revenue, meanwhile, is estimated at $24.6 billion, triple the year-earlier figure, with quarterly sales expected to top the $30 billion mark...