TECH - Make Or Break Moment For AI Frenzy Ahead – Nvidia Earnings Hopes Dashed In U.K. | Benzinga
To gain an edge, this is what you need to know today.
Make Or Break Moment
Please click here for an enlarged chart of NVIDIA Corp (NASDAQ: NVDA).
Note the following:
- This article is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point.
- NVDA is the most important stock in the market as Nvidia is the epicenter of the AI revolution.
- The chart shows NVDA has been consolidating.
- NVDA will report earnings after the market close today. Here are the key points:
- A move of about 7% is expected in either direction.
- Before the prior set of earnings, on the average a move of 13% in either direction was expected.
- In The Arora Report analysis, NVDA is likely to beat the consensus numbers.
- In The Arora Report analysis, the key question is if NVDA will beat the whisper numbers. Whisper numbers are much higher than the consensus numbers. Whisper numbers are numbers that analysts make available only to their best clients and are not publicly available.
- In The Arora Report analysis, another key point will be product transition to Blackwell. For example, Amazon.com, Inc. (NASDAQ: AMZN) has stopped buying NVDA GPUs as it waits for Blackwell.
- NVDA earnings will dictate not only the future course of AI stocks but also the entire stock market.
- There are two earnings of note for investors this morning.
- Analog Devices, Inc. (NASDAQ: ADI), a major analog semiconductor company, reported earnings better than whisper numbers. The stock is rising about 6% in the premarket. ADI is long from $83.25. It was trading at $228.22 as of this writing in the premarket.
- Target Corp (NYSE: TGT) reported earnings less than whisper numbers. TGT stock is down about 10% as of this writing in the premarket. TGT is losing share to Walmart Inc (NYSE: WMT). As full disclosure, WMT is in the ZYX Buy core Model Portfolio.
- FOMC meeting minutes will be released at 2pm ET and may be market moving. As an actionable item, the sum total of the foregoing is in the protection band, which strikes the optimum ...