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via finance.yahoo.comTech & AI

Some Nvidia bulls stay bullish after Jensen Huang's ouster

FROM THE WIRE · FINANCE.YAHOO.COM

Wall Street hasn't totally given up on Nvidia's (NVDA) stock. While there has been a steady stream of price targets this week and a few downgrades, a lot of analysts who cover the company are staying bullish. Their argument is captured in one note from Wedbush analyst Matthew…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishExpectations of another beat and raised guidance matter ahead of Nvidia's earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Wedbush expects Nvidia to exceed its forecast.
  2. 02The analyst expects FQ4 guidance above Street estimates.
  3. 03Hyperscaler spending is seen remaining strong, according to the analyst.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock162.88 USDMarket closedtoday -1.99%Positive Taiwan Semiconductor Manufacturing Company LimitedTSMStock398.63 USDMarket closedtoday -1.69%Positive Advanced Micro Devices, Inc.AMDStock535.94 USDMarket closedtoday -8.43%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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