Wall Street is once again extremely bullish on Nvidia earnings. Analyst consensus has Nvidia earnings rising 8% QoQ, 11% on revenue. Support sits in $880s, $840 and $765 on daily and monthly charts. Nvidia is set to unveil its first-quarter fiscal 2025 results on Wednesday after the close, and that’s the main thing on the docket for equity traders this week. Nvidia stock jumped more than 2% at Monday’s open.
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Source: News Formal (newsformal.com)
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