[Belgrade Bobby]

Nvidia – NVDA

Straight for the new High and beyond…

Trump’s Victory Could Help Big Tech Stocks, Especially Nvidia. But There’s One Warning Sign.
Investors should prepare for uncertainty. In his first term, Trump often changed his mind on policies.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Put Option Premiums are Sky-High – Good for Short Sellers Ahead of Earnings

Nvidia Inc. (NVDA) stock is floating higher as analysts keep raising their price targets and revenue forecasts. Put option premiums are sky-high, giving short sellers high yields in out-of-the-money put strike prices in close expirations.

NVDA is at $139.26 in midday trading on Tuesday.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Stock Drops as Market Uncertainty and Tech Sector Pressure Increase

Nvidia  NVDA is facing increased market uncertainty as shares dip following Super Micro Computer’s  SMCI recent auditor resignation. SMCI, a key Nvidia partner, announced the abrupt departure of its auditor, raising transparency concerns. Nvidia relies heavily on SMCI for critical hardware components powering its AI and data center products, creating investor wariness about potential supply chain risks.

[Belgrade Bobby]

Nvidia – NVDA Daily chart

What to Expect From NVIDIA’s Next Quarterly Earnings Report
With a market cap of $3.5 trillion, NVDA develops a platform for scientific computing, AI, data science, autonomous vehicles, robotics, metaverse, and 3D internet applications, as well as focuses on PC graphics by serving clients worldwide. The chip giant is expected to announce its fiscal third-quarter earnings for 2025 after the market closes on Wednesday, Nov. 20.

Ahead of the event, analysts expect NVDA to report a profit of $0.69 per share on a diluted basis, up 81.6% from $0.38 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.

For the full year, analysts expect NVDA to report EPS of $2.65, up 124.6% from $1.18 in fiscal 2024. Its EPS is expected to rise 33.2% year over year to $3.53 in fiscal 2026.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Shares Are Moving Higher: What’s Happening?
NVIDIA Corp.  NVDA shares are climbing Thursday. On Wednesday, CEO Jensen Huang confirmed the company’s highly anticipated Blackwell chips are in full production.

The Details:

Huang appeared on CNBC’s Closing Bell Overtime on Wednesday and said Nvidia’s Blackwell chips are in production and in high-demand.

“Blackwell is in full production, Blackwell is as planned, and the demand for Blackwell is insane,” the Nvidia CEO said. “Everyone wants to have the most, and everyone wants to be first.”

[Belgrade Bobby]

Tesla – TSLA

Tesla Stock Speeds Ahead Of Mag7 Peers, Can October’s Robotaxi Reveal Keep The Momentum?
Tesla Inc  TSLA stock revved up in September, soaring over 24% and leaving its Magnificent Seven peers in the dust.

Year-to-date gains for the car manufacturer stock are a modest 5.32%. Still, Tesla’s recent surge outpaces rivals like Nvidia Corp  NVDA and Amazon.com Inc  AMZN by a wide margin.

The question now: Can Tesla sustain this rally, or is it running out of gas?

The upcoming Robotaxi event, scheduled for Oct. 10 in Los Angeles, is also fueling investor optimism. CEO Elon Musk has hyped this event as potentially Tesla’s most significant moment since the Model 3 launch, and Wall Street bulls like Dan Ives and Adam Jonas expect key updates on FSD and autonomous driving.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Stock Slips to Start a Crucial Quarter. What’s at Stake ?

Nvidia stock slid Tuesday at the start of a crunch quarter for the chip company.

Shares fell 3.7% to close at $117.

The tech sector took a hit after Iran fired a barrage of missiles at Israel, escalating the conflict in the Middle East. Investors flocked to safer areas of the market, and the Nasdaq Composite dropped over 1%.

Nvidia has climbed 136% in 2024, powering the company’s market capitalization to nearly $3 trillion and cementing its status as an artificial-intelligence bellwether.

The fourth quarter is likely to be crucial for growth, given the chip designer is expected to ramp up production of its new Blackwell graphics processing units. It has said it expects the GPUs to drive “several billion dollars” worth of sales.

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Stock Treads Water but Analysts Keep Raising Their Price Targets
Nvidia Inc (NVDA) stock has been treading water since releasing excellent earnings on Aug. 28, three weeks ago. However, analysts keep raising their price targets. This makes shorting out-of-the-money (OTM)put options a superb strategy.

The reason is that the market appreciates the powerful free cash flow (FCF) that Nvidia is gushing forth on a massive scale. As a result, price targets for NVDA stock are now over 25% higher than the stock price.

[Belgrade Bobby]

Nvidia – NVDA

NVIDIA & 2 Other AI Stocks to Gain From Lower Interest Rates

On Wednesday, the Federal Reserve trimmed interest rates aggressively and penciled in further rate cuts by the end of the year. It slashed the benchmark A lower interest rate scenario may lead to stock gains for major artificial intelligence (AI) tech players like NVIDIA Corporation NVDA interest rate by a half-point to 4.75-5% for the first time since March 2020.

[Belgrade Bobby]

NVIDIA – NVDA

NVIDIA: NVIDIA and Salesforce Are Bringing Together Technologies to Accelerate the Development of AI Agents for Companies to Supercharge Their Productivity

[Belgrade Bobby]

Nvidia – NVDA

Nvidia’s stock extends gains: ‘The time to worry is clearly not now’

Nvidia Most Active Stock in S&P 500 and Nasdaq 100 So Far Today
Would be highest close since Aug. 28, 2024, when it closed at $125.61

Currently up five of the past six days

Currently up four consecutive days; up 16.76% over this period

Longest winning streak since Aug. 19, 2024, when it rose for six straight trading days

Best four-day stretch since the four days ending Aug. 15, 2024, when it rose 17.29%

Up 0.58% month-to-date

Up 142.44% year-to-date

Down 11.45% from its all-time closing high of $135.58 on June 18, 2024

Up 163.4% from 52 weeks ago (Sept. 14, 2023), when it closed at $45.58

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

Record stock market highs have lit up across the world once again – though not yet for the usual suspects in the S&P500 (.SPX), opens new tab and Nasdaq (.IXIC), opens new tab.

Despite a rare stumble for the artificial intelligence theme after Nvidia’s results underwhelmed this week, the rest of the stock market complex shrugged it off and has instead lapped up a tasty diet of brisk economic growth along with falling inflation and interest rates.

Morning Bid: Record highs abound, except in usual place

[GVI Forex 2]

US500 4 HOUR CHART – RECORD HIGH BACK ON THE RADAR?

Nvidia earnings inspired USS500 drop did not go far enough and bounce has the record 5673 high back on the radar.

To expose it, 5651 would need to become support.

Looking ahead, I read that sept is normally a seasonal weak month for stocks. Let;s see if the prospect of a Fed rate cut makes this a non-typical month?

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

After all that, Nvidia (NVDA.O), opens new tab beat expectations – which has become “expected” – and the stock retreated about 5%. This is still August, after all.

To be fair, the negative market reception to the artificial intelligence pacesetter’s quarterly results overnight was typical of the reaction to other ostensible “beats” in the sector in this earnings season. These stocks are expensive, have come a long way in a short space of time and the bar to impress is now sky high.

Morning Bid: Nvidia ‘beats’ as expected, but fallout limited

[GVI Forex 2]

AUDUSD 4 HOUR CHART – STAR TODAY

New high after bounce off the .6761 double bottom.

As I have been noting a firm break of .6800 would leave a void of 100 pips to the next target (.6899).

This leaves .6800 as clearly pivotal with a bid as long as above it, stronger if above 6812.

No news other than firmer US stocks after the Nvidia dip in a risk on day so far.

[Belgrade Bobby]

Nvidia’s Q2 Professional Visualization Revenue at $454 Million vs Visible Alpha Analyst Consensus of $446.4 Million; Auto Revenue at $346 Million vs Consensus of $350.1 Million

[SF Monedge]

Just more fun facts while we wait for Nvidia and because AI will play a dramatic role in the future of civilization.

The worlds urban population is growing by 70 million people each year, with 301 cities accounting for 50% of global GDP with the estimate at 66% by the end of 2025.

In 1900, 12 of the worlds largest cities were in the North America or Europe.  By 2000 the number had fallen to 2.  Most of the growth in cities in coming years is projected to be in China, India and Nigeria, and will account for 37% of the worlds population.

[SF Monedge]

EurJpy and UsdJpy are polar opposites today from both a neural and to some extent a median reversion standpoint with the Eu being dominant on the risk aversion side obviously.  My model likes that the latter traded above 145 earlier and I have doing nothing but staying on the long side since the Asian session.  Looking forward to any post-Nvidia drops to see that mark ultimately revisited (expecting quite a jolt most likely downward initially which runs out of steam post-release).

[SF Monedge]

Interesting facts related to super computing while we wait for Nvidia.

In the 1st decade of the turn of the century the net gain of jobs in the US was zero.

To visualize the impact of disruptive technology, In the 19th century 50% of workers were employed on farms.  By the year 2000 the number was 2%.  This is an isolated sector.  AI comprises all sectors.

The amount of data stored on the worlds computers is now believed to be over 1,000 billion gigabytes.  AI is accelerating the ability of robotics to use that data to actually form perpetually stronger learning and reaction by the computers themselves far in advance of the speed of humans.

Oxford University projects that almost half of global jobs are likely to be replaced in roughly 20 years.  That equates to 60 million jobs in the United States.

[GVI Forex 2]

Cold feet by stocks ahead of Nvidia.

EURUSD res at 1.1135, blocks 1.1150

[SF Monedge]

There is more to life than Nvidia.  No matter what the initial earnings results it is a buy over time.  Today is National Cherry Turnover Day, National Red Wine Day, La Tomatina Day, National Bow Tie Day, Be Kind To Humankind Week (see Russia and Iran), and Shania Twain’s birthday.

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

Nvidia’s post-bell earnings update on Wednesday is keeping stock markets everywhere in a holding pattern, while U.S. Treasury markets appear to be absorbing the latest torrent of debt sales quite comfortably.

Morning Bid: As Nvidia awaited, Treasuries absorb new deluge

[GVI Forex 2]

All eyes will be on Nvidia reporting after the close.

NEW YORK, Aug 27 (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s (NVDA.O), opens new tab upcoming earnings report to spark a more than $300 billion swing in the shares of the world’s most dominant artificial intelligence chipmaker.

Nvidia results could spur record $300 billion swing in shares, options show

[GVI Forex 2]

US500 4 HOUR CHART – WAITING FOR NVIDIA ON WED

Record high (5673 on this CFD chart) still looms above (not shown on this chart) with the move up so far failing shy of it.

Does this lead to a retracement or just a consolidation range?

Watch 5600 as this could be the bias setting level.

[Belgrade Bobby]

Nvidia – NVDA

NVIDIA Corporation will report earnings on Wednesday after market close, which may influence market sentiment. Analysts worry about weak results that could negatively impact the semiconductor sector.

China’s export limits on germanium and gallium are affecting NVIDIA’s ability to meet rising Al chip demand, possibly leading to higher prices for NVIDIA and its customers to maintain profit margins.

[SF Monedge]

The safer approach would be to stay on the sell side of UsdJpy and wait for the European fix to conclude before loading up too hard on Euro.  I see UsdJpy continuing to pull up temporarily but on limited horizons and the opposite for Euro.  It can change but the volume of calls to puts in Euro is very strong at present.  Markets are apprehensive and picking little bets in stocks which is dousing enthusiasm.  Nvidia will add a spark.  This is where we start seeing hedging build to rebalance portfolios pre-Fed and it will continue for weeks.

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

Wall Street stocks (.SPX), opens new tab are back just shy of new record highs, lapping up the likely start of Federal Reserve easing next month but wary of Wednesday’s quarterly update from artificial intelligence behemoth Nvidia (NVDA.O),

Morning Bid: Pre-Nvidia hesitation obscures record high

[Belgrade Bobby]

Nvidia – NVDA

Nvidia holds a 90% share of the Al chip market, with a 93% revenue increase and 150% operating income growth last year. Sales are expected to rise from $55.7 billion in 2024 to $150.6 billion by 2026.

NVIDIA Corporation is scheduled to report its earnings after the market closes on Wednesday, August 28, which is highlighted as a significant earnings event for the week.

Analysts expect strong results driven by high demand for enterprise Al and the company’s key position in the GPU market

[Belgrade Bobby]

Nvidia – NVDA

Nvidia Corp stock is trading higher on Monday, attributed to its success in the Al market through its CUDA software platform and dominance in the Al chip market.

Nvidia, seen as a top choice for rebound in the semiconductor sector, may gain from a Q4 sector recovery. Its new Al-focused Blackwell chip is set to spur growth.

[Belgrade Bobby]

Nvidia – NVDA
As Nvidia Leads Magnificent 7 Volatility, Analyst Says These Mega-Caps Are Poised To Outperform Small-Caps