Nvidia earnings: What's driven the chip stock in the AI era
AI chip giant Nvidia (NVDA) is due to release its latest earnings report after Wednesday's market close, rounding out the last of the Magnificent Seven this earnings season.
Yahoo Finance senior markets reporter Josh Schafer comes on Catalysts to outline several charts tracking Nvidia's stock performance around certain events, including the launch of OpenAI's ChatGPT and how the company outperforms its chip competitors.
Catch Yahoo Finance's coverage of how the chip stock historically reacts to earnings and the areas that matter the most for the semiconductor titan.
Tune in to Yahoo Finance's special live coverage of Nvidia's first quarter earnings here, beginning at 4:15 p.m. on Wednesday, May 28.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
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22 minutes ago
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How economic health impacts the pet care market: Rover CEO
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Yeah, overall, it's been a net positive. Um, one of the nice things about Blackstone is they're a pretty long-term oriented investor. Um, so when that transaction closed, we took a look at a lot of investments we were excited about that may have been a little bit more difficult to execute in a public company setting, um, and decided to go ahead with them. Um, so further expansion in Europe is one example of that. And talk to me about more broadly how you think about public versus private, having experienced both. What are some of the shifts that you've noticed as you've gone private and why did that make sense for Rover? Yeah, you know, I'd say that we are always a company that's been mission first. We want to make it possible for everyone to experience the unconditional love of a pet. The logistics of pet care is one of the barriers to more people having pets. And so that's always our primary focus. There are pros and cons of being public, there are pros and cons of being private. Um, so we're always very situational around what makes sense for the next stage of the company, um, and being able to be a little bit more longer term oriented in some of our investments, um, that take a little bit of time to develop, uh, made being private a nice thing at this point in time. And I should mention that for our audience, you can look up private company data including the likes of Rover on the Yahoo Finance platform under our private markets page. But I do want to bring in Paul Gruenwald, my guest host. He has a question for you. Hey, Aaron, it's Paul. I've never asked a pet care question before, I'm an economist, so forgive this. But Maddie and I were just chatting before. You know, we're talking about an economic slowdown and we're talking about consumers having like a, you know, uh, a discretionary bucket or a necessity bucket. So, where do you think the pet care, you know, your business fits in? Is it something that people do on a kind of discretionary basis or is this becoming more of a necessity as we kind of look through the the economic cycle? Yeah. Um, if you look at pet parents, um, historically the view has been that pet parents view it as a necessity. Right. About 72% of pet parents, if you ask them, do they view themselves as a pet owner or specifically a parent, they will say parent. Um, so it's more akin to a parent-child bond than, uh, piece of property. Um, and with that, uh, the pets tend to be the last thing or spending on pets tend to be the last thing people cut in tough times. That being said, we did see not a reversal that trend, but a little bit of a moderation that trend over the past couple years. For the younger generations, um, inflation outpaced, um, their income growth. So you actually had a slight shrinking, uh, of real income for that group. 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Um, and so in that sense, you get people that choose to do this for reasons unrelated to their hourly earnings potential. Um, it's a a preference, um, in addition to a job. Um, we have seen an increase in the number of sitters applying to be on the platform. Um, you know, if anything, we have to moderate that a little bit to make sure that the demand ramps in pace with the supply. Uh, but we've been very happy with our supply dynamics and the amount of people that are excited to be on the Rover platform. And and talk to me, too, about a stat that you all have. You did a Rover true cost of pet Parenthood report indicating that 52% of pet owners are concerned that tariffs will increase pet costs. Just curious what that signals to you about the way that tariffs are impacting some of the consumer sentiment of people who are using your platform. Yeah, I'm in general, the inflation in the pet economy for the past several years has actually outpaced inflation in the rest of the economy, uh, particularly on the service side, particularly on the veterinary side. Um, and for several years, there's also really high on the pet food side, but that's moderated this year. Um, so pet parents are looking at these dynamics and saying, wow, there may be a 10% increase in the cost of having a cat this year, a 7% increase in the cost of owning a dog this year. You know, what are some ways that I can be a little bit more frugal while still prioritizing my pets? Um, but when you add in these other things like tariffs, um, yeah, there is definitely some concern that that's going to, uh, push them over the edge so to speak in terms of the cost that they're going to have to eat. Sign in to access your portfolio
Yahoo
22 minutes ago
- Yahoo
S&P 500, stocks inch higher after appeals court unpauses tariffs
US stocks (^DJI, ^IXIC, ^GSPC) edge higher to close out Thursday's session in the green, all while coming off of Nvidia's (NVDA) first quarter earnings and a US appeals court temporarily reversing a trade court's pause on President Trump's tariffs. Market Domination Overtime anchor Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the latest market and sector moves after the day's closing bell. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. The Dow recovering a little bit by the end of the day, up 120 points or so, about a fifth of 1%. Remember the trajectory of the day, right? And it's probably shown more clearly in the S&P 500, which at one point was up quite a bit, then dipped into the negative, then finishing higher by about four tenths of 1%. So off the lows of the session. This following the various trade headlines. First, a court blocking a wide swath of President Trump's tariffs. Some still in effect, including sectoral tariffs. Then an appeals court coming in and blocking the block, at least for now. In other words, the tariffs still remain in effect while that case goes to appeal. So still, um, you know, the tariffs perhaps weighing on the market, or at least the base case of the tariffs weighing on the market. The NASDAQ finishing higher as well, by about four tenths of 1%, but it too finishing well off the highs of the session. Jared's got a closer look at the action. Thank you, Julie. Great recap. Nvidia is in the rearview, so that major catalyst off the table right now. And tariffs, they didn't really do too much damage to the market. So green close despite well off the highs there. And I'll just show you the VIX. I'm gonna center on the VIX volatility index with Josh in about 30 minutes here, but you can see it was down today, holding below 20. Uh we can see that in some other markets. And I'll just show you quickly here the 30 year. The 30 year yield down five basis points to 4.92%. So edging away from that 5% line that was causing some hiccups last week. And let's check out the sector action. Only communication services in the red there, that's an alphabet and meta story, but we'll dig into that in a second. Everything else in the green, but as you will notice, real estate here at the top, that's defensive, as is utilities, as is healthcare. So, a little bit of a defensive setup to the bullish action today. Tech had been leading in the early market, and that was thanks to Nvidia. You can see that print right back there, up 3 and 1/4%, but tech lost a lot of momentum over the day. Uh I did mention that communication services was down, Alphabet down three tenths of a percent, that's part of the deal. Apple also, which is tech, that was down about a quarter of a percent. But for the most part, a little bit more green than red. Broadcom also up 1.06%, and if I put a one-year chart on there, you can see it is had, has this nice rounded base and it looks like it wants to break out, might need a little bit more time to form a handle there. We'll have to see what happens, but Broadcom testing its all-time highs right now. Uh, I'm gonna finish here on some of our leaders, and guess what? Biotech was the winner today. So I got two biotech ETFs up at the top, up about 2%, and after that we got Korea, China did well today, regional banks, home builders, which have been kind of downtrodden for some time now, solar energy, and the magnificent seven. On the bottom, what did not work today? Bitcoin down about 1%, also IPOs and software, and small tech. Arc Innovation fund was down two thirds of 1%. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
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Mag 7 valuations before & after Nvidia earnings: Chart of the Day
Now that Nvidia's (NVDA) earnings are in the books, Yahoo Finance host Julie Hyman takes a look at what Big Tech's valuations and forward price-to-earnings (P/E) ratios look like right now, particularly for the "Magnificent Seven." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Now, with Nvidia in the books in terms of its earnings, we do see investors taking another look at Nvidia individually, as well as the big tech sector collectively, as exemplified by the magnificent seven. And this prompted me to take a look at what we see in terms of the forward price earnings ratios. What do valuations look like for the mega cap tech trade right now? And what's notable is that really this year, we've seen Nvidia in particular come down quite a bit in terms of its valuation. That's something that a lot of investors have pointed out, and it's now sort of more comparable with its peers within the mag 7. Even though it looks like there's a lot of dispersion now, as I'll show you in a moment, there's not a lot of space in between many of the mag 7 names. And in particular, when it comes to Nvidia, we talked to Angelo Zeno, CFRA yesterday in reaction to the Nvidia earnings, and he flagged that the valuation looks more attractive right now. expect anything along the lines of what we've seen here over the last two years, I think that's perfectly okay, because when you look at Nvidia's multiple today, um, relative to what we've seen here in recent memory, it's nowhere near the levels that we've seen it. So in other words, what he was saying is that even though we're not seeing the kind of magnitude of growth that we once were for Nvidia, it's still quite high, but it's not as high as it was. That's okay, because you're not paying up as much for the stock. Now, just to get a little more granular here, I wanted to look at the exact numbers for this estimated PE here for these companies. Now, you see Nvidia here at 31, which is pretty comparable with most of its cohort. Right now, Alphabet is priced the lowest in these terms at 18. Then you have Meta 25, Apple 28, Microsoft 30, Nvidia 31, and Amazon. Of course, the outlier here is Tesla. That's why we didn't put it on the other chart, because it would have skewed the whole thing, because its price earnings ratio, both on a trailing and forward basis, is much, much higher than the others. That's one of the reasons that some of the bears are not into that stock. But it is interesting to see this current landscape now that we are through the earning season. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
