Nvidia numbers: Is the boom for stocks and crypto now coming?

  • The stock and crypto markets are eagerly awaiting Nvidia's second-quarter earnings report today, August 27 (10:00 p.m.).
  • According to Bloomberg, analysts expect earnings per share of $1.01, which would represent a 49 percent increase over the previous year's figure of $0.68.
  • Revenue is forecast at $46.2 billion, up 53 percent from $30 billion in the same quarter last year.
  • With a market capitalization of over $4.4 trillion, Nvidia is currently considered the world's most valuable publicly traded company. Due to its key role in chip production for artificial intelligence, its results are being closely watched not only in the technology sector but also in the global financial markets.

  • If the analysts' estimates are confirmed, the strong earnings and revenue growth would signal that demand for AI hardware continues. This could support the broader stock market and encourage investors' risk appetite.
  • The crypto market is also indirectly influenced by Nvidia. The company produces graphics processors that are used not only for AI applications, but also for blockchain infrastructure and individual mining processes.
  • AI coins such as TAO and NEAR are also likely to react sensitively to the quarterly figures.

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Sources

  • Bloomberg analysis
  • Tradingview data


Eine Quelle: btc-echo.de

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