logo
Big Nvidia earnings drop today — will the stock soar or sink? Traders weigh in

Big Nvidia earnings drop today — will the stock soar or sink? Traders weigh in

Time of India28-05-2025

Nvidia's upcoming earnings report, due after Wednesday's market close, is anticipated to significantly impact the stock market. Options data suggests a potential 6% swing in Nvidia's stock price, potentially reaching a 4-month high or slightly above levels seen after US-China tariff negotiations.
Tired of too many ads?
Remove Ads
Nvidia Stock Could Swing Up or Down
Nvidia's Analysts' Expectation
Tired of too many ads?
Remove Ads
Tough Track Record With Investors
FAQs
After Nvidia posts its quarterly earnings report after the markets close on Wednesday, the entire stock market may feel the impact, as per experts.An analysis of options pricing data suggests Nvidia's stock could move about 6% in either direction by the end of the week, reported Investopedia. The stock movement would put the AI chipmaker's share price at either $143.92, which is a 4-month high, or $127.09, which is slightly above where it closed after the United States and China negotiated to lower tariffs on each other's imports, as per the report.The second-most valuable company's shares jumped almost 25% last month, bringing the stock up about 1% for the year, according to Investopedia. Technical analysis has pointed to bullish momentum heading into Wednesday's results of the company, as per the report.ALSO READ: Thought U.S. and EU drones were superior? Russia unleashes drones that fly higher and faster — here's all about them According to Investopedia, analysts expect Nvidia to report around 66% revenue growth and 40% earnings growth for the latest quarter. As per the analysts tracked by Visible Alpha, two analysts recommend buying the Nvidia stock, reported Investopedia. The analysts' average price target of $164 would be about 25% upside from Friday's close, as per the report.However, it has been one year since Nvidia shares increased after it announced a quarterly report, as per Investopedia. The AI chipmaker's stock rose over 9% in May 2024 as the firm exceeded earnings expectations and had also announced the 10-for-1 stock split, which led it to join the blue-chip Dow Jones Industrial Average, according to the report.While Nvidia has consistently beaten earnings estimates since then, but, it has still failed to impress investors, as per Investopedia. Nvidia's shares dropped after each of the company's three latest earnings reports, including about a 9% fall in February, even though "the results contained ample evidence that demand for its AI-enabling chips remained as strong as ever," reported Investopedia.After the markets close on Wednesday, May 28.Roughly 6% in either direction by the end of the week, based on options pricing.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

H&M owners quietly buying its shares
H&M owners quietly buying its shares

Time of India

timean hour ago

  • Time of India

H&M owners quietly buying its shares

Hennes & Mauritz (H&M), the fast-fashion retailer that's been listed on the Swedish stock market since 1974, is steadily moving back towards private ownership. The founding family has stepped up purchases of H&M shares, spending more than $6.6 billion since 2016 to amass nearly two-thirds control and fuelling speculation it could take the Stockholm-based company back into private hands - despite denials from family members. The Perssons, one of Sweden's wealthiest families, has ramped up insider buying by reinvesting dividends, boosting its H&M stake to almost 64% from 35.5% over the past nine years through a holding company Ramsbury Invest, saying little about their intentions other than that they "believe" in H&M, founded in 1947 by Erling Persson. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on June 8
Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on June 8

Mint

time2 hours ago

  • Mint

Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on June 8

Gold, silver prices in your city, June 8: Gold prices have moderated after weak US economic data ahead of the Federal Reserve's near-term interest rate decision and amid news of US President Donald Trump's phonecall with Chinese counterpart Xi Jinping. According to Prathamesh Mallya, DVP- Research, Non-Agri Commodities and Currencies at Angel One, the yellow metal is still shining bright due to status of the Russia-Ukraine war and uncertainty over the US-China tariffs. Jigar Trivedi, Senior Research Analyst at Reliance Securities noted that investors will also be 'closely monitoring' the developments between Donald Trump and Elon Musk. Overall, experts feel that commodities (gold and silver) have emerged as the safe haven investment in these volatile markets, but caution must be maintained. In terms of returns, over the past year along, gold cost has jumped 30 per cent, returned 15 per cent CAGR since 2001; and since 1995, has beaten inflation by over 2-4 per cent, data shows. Prices opened higher/lower today at 7.20 am on June 8. The MCX gold index was at ₹ 97,250/10 gm, the official website showed. Meanwhile, MCX silver prices were at ₹ 96,039/kg, it showed. Further, 24-carat gold was priced at ₹ 97,000/10 gm, according to data on the Indian Bullion Association (IBA) at 7.20 am on June 8. Further, 22-carat gold was priced at ₹ 88,917/10 gms. And, silver prices today are at ₹ 96,110/kg (Silver 999 Fine), as per the IBA website. So, check here for prices of gold and silver in your city today on June 8 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price for you. Gold bullion rates in Mumbai — ₹ 96,970/10 gm. 96,970/10 gm. MCX Gold rate in Mumbai — ₹ 97,051/10 gm. 97,051/10 gm. Silver bullion rate in Mumbai — ₹ 1,05,700/kg. 1,05,700/kg. MCX Silver 999 rate in Mumbai — ₹ 1,05,525/kg. Gold bullion rates in New Delhi — ₹ 96,800/10 gm. 96,800/10 gm. MCX Gold rate in New Delhi — ₹ 97,051/10 gm. 97,051/10 gm. Silver bullion rate in New Delhi — ₹ 1,05,520/kg. 1,05,520/kg. MCX Silver 999 rate in New Delhi — ₹ 1,05,525/kg. Gold bullion rates in Kolkata — ₹ 96,840/10 gm. 96,840/10 gm. MCX Gold rate in Kolkata — ₹ 97,051/10 gm. 97,051/10 gm. Silver bullion rate in Kolkata — ₹ 1,05,560/kg. 1,05,560/kg. MCX Silver 999 rate in Kolkata — ₹ 1,05,525/kg. Gold bullion rates in Hyderabad — ₹ 97,120/10 gm. 97,120/10 gm. MCX Gold rate in Hyderabad — ₹ 97,051/10 gm. 97,051/10 gm. Silver bullion rate in Hyderabad — ₹ 1,05,870/kg. 1,05,870/kg. MCX Silver 999 rate in Hyderabad — ₹ 1,05,525/kg. Gold bullion rates in Chennai — ₹ 97,250/10 gm. 97,250/10 gm. MCX Gold rate in Chennai — ₹ 97,051/10 gm. 97,051/10 gm. Silver bullion rate in Chennai — ₹ 1,06,010/kg. 1,06,010/kg. MCX Silver 999 rate in Chennai — ₹ 1,05,525/kg. Gold bullion rates in Bengaluru — ₹ 97,040/10 gm. 97,040/10 gm. Gold rate in Bengaluru — ₹ 97,051/10 gm. 97,051/10 gm. Silver bullion rate in Bengaluru — ₹ 1,05,790/kg. 1,05,790/kg. MCX Silver 999 rate in Bengaluru — ₹ 1,05,525/kg. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member
Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member

Time of India

time2 hours ago

  • Time of India

Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member

NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar was Saturday appointed as a part time member of the 16th Finance Commission, a finance ministry statement said. He will hold office from the date of assuming charge until the submission of the commission's report or Oct 31, 2025, whichever is earlier. Sankar's appointment is to fill the vacancy created by the resignation of one of the full-time members of the commission, Ajay Narayan Jha, on personal grounds. The commission was constituted on Dec 31, 2023. The commission is mandated to submit its recommendations by Oct 31, 2025, for the award period of five years, commencing from April 1, 2026. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store