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Nvidia


Analysis

Fed rate pause, Nvidia disappointment weigh on Wall Street - Stock Markets

Nvidia earnings fail to re-energize Wall Street bullsFed’s December rate cut hangs in the balanceGeopolitical risks also keep positive sentiment in checkNvidia beats earnings expectationsAI darling, Nvidia, delivered stellar earnings results on Wednesday after the market close, beating both revenue and earnings per share forecasts. The company also issued fourth quarter guidance that was above analysts’ estimates.However, investors had clearly set even higher expectations as the stock fell i
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Daily Comment – Nvidia fails to lift markets, dollar stands tall

Stocks remain directionless even after stellar earnings by NvidiaDeclining odds for December Fed rate cut weigh on marketsDollar holds near highs, yen rallies, Bitcoin soars to $97,000Nvidia can’t satisfy lofty expectationsEquity markets continue to trade with lackluster momentum, struggling for direction even after AI giant, Nvidia, announced outstanding third quarter earnings.
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Technical Analysis – Nvidia’s stock returns to bullish area

Nvidia’s stock turns green, aims for bullish continuationTechnical signals are positive; buyers eye 151.40 levelQ3 earnings could come stronger, albeit at a slower annual pace Nvidia’s stock has powered up and it’s heading toward its all-time high of 149.47 after a brief retreat to a two-week low of 136.87 earlier this week.Technically, the latest pullback was merely a pause in the broad bullish trend in the four-hour chart.
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Daily Comment – Geopolitics dictates market sentiment, but dollar fails to benefit

Geopolitics in the spotlight, gold gainsDollar fails to benefit from the risk-off reactionStocks slightly in the green, as markets await Nvidia earningsPound gains after CPI report; bitcoin reaches $94,000It almost feels like the Cold War againDevelopments in the Ukraine-Russia conflict are monopolizing the markets' interest, as the first usage of long-range US missiles prompted a quick revision of Russia’s nuclear weapons doctrine.
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Daily Comment – Gold edges up amid Ukraine tensions, stocks and dollar subdued

Gold rebounds as Biden lets Ukraine use long-range missiles on RussiaYen slips again after Ueda offers no clues on December hikeEquities mixed as Trump trade fadesUkraine war escalates as Biden U-turns on missilesThe conflict between Ukraine and Russia took a dangerous turn on Sunday after President Biden gave Kyiv the green light to use long-range US missiles inside Russia.
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Wall Street’s post-election rally loses some steam – Stock Markets

US major indices end 5-day rally as profit taking sets inBut bullish structure remains firmly in placeFocus on Trump’s cabinet ahead of Nvidia earnings‘Trump trade’ in full swingUS voters may have given Donard Trump a resounding yes, but investors gave their own thumbs up to the incoming Republican administration by pushing shares on Wall Street to all-time highs.
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Wall Street greets Q3 earnings season with record highs – Stock Markets

Shares on Wall Street extend record streak as earnings get into full swingBut trading remains choppy amid elections, geopolitical and earnings risksAnother record highThe S&P 500 notched up its 46th record close of the year on Monday, sealing a positive start to the week as the new earnings season slowly heats up. Initial forecasts for Q3 put the earnings growth rate at 4.1%, but that figure could well rise as 79% of the S&P 500 companies that have reported so far have beaten their earni
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Daily Comment – Stocks under pressure by chipmakers, pound slips on CPI drop

Chip stocks hit by selloff after ASML cuts 2025 guidanceDollar stretches gains as pound and kiwi fall on lower inflationOil steadier amid ongoing ME drama, gold heads towards fresh recordChip and AI stocks take a diveEquity markets suffered a setback on Tuesday after Dutch semiconductor giant, ASML, sparked panic about the demand outlook for chips when it accidentally published its earnings report a day early.
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Daily Comment – Wall Street hits new record after Fed minutes, CPI eyed next

Fed minutes show split over September cut but Wall Street ralliesDollar eases from near 2-month high as focus turns to CPI reportGold and oil steadier after recent lossesFed minutes add little clarity The minutes of the Federal Reserve’s September policy meeting published on Wednesday did little to end the uncertainty about the pace of rate reductions over the coming months.
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Stocks at a precarious position ahead of key US data – Stock Markets

Equity indices enjoyed a decent third quarter, led by Chinese stocksS&P 500 completed five consecutive positive monthsQ3 earnings announcements to gradually take centre stageUS equity indices look vulnerable at this stage Stocks fared decently in Q3, outlook is challenging The third quarter (Q3) of 2024 was a plentiful one, with the key central banks finally embarking on their monetary policy easing journey.
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S&P 500 hits another record on Fed put but tech stocks look shaky – Stock Markets

S&P 500 and Dow Jones close at new peaks but Nasdaq stuttersFed rate cut boosts risk appetite, China stimulus further lifts sentimentBut tech stocks are mixed as AI rally cools, earnings doubts creep inThe bulls return from summer hiatusAfter a prolonged period of unusual calm in the markets, volatility was back with a vengeance during the summer and autumn got off to an equally bumpy start.
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Nvidia loses August’s wins as recession risks resurface Short-term bias skewed to the downside; more sellers wait below 100.45   Nvidia’s stock has been suffering along with other key tech stocks in the face of renewed recession fears, which could harm AI growth perspectives, losing more than 10% during the previous days. According to pre-market trading, today’s session might be another struggle after the wide miss in the ADP employment data.
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Daily Comment – Dollar edges up ahead of PCE inflation as stocks drift

All eyes on US core PCE and consumption as bets for 50-bps cut stall Dollar headed for weekly gains but Nasdaq has disappointing week Euro on the backfoot as soft Eurozone CPI cements September cut Big Tech woes weigh on Wall Street The US dollar looks set to pare its monthly losses as it heads for its first weekly gain since mid-July amid more evidence that the US economy is humming along nicely.
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Daily Comment – Nvidia earnings fail to buoy markets, focus turns to US data

Nvidia slumps in after-hours trading as earnings don’t excite Equities mixed as attention turns to US data for direction Kiwi outperforms, euro slips on soft German and Spanish CPI figures No post-Nvidia boost for equities Nvidia’s much anticipated earnings results for the second quarter failed to deliver on the very high expectations even as the chip giant saw its revenue more than double from a year ago.
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Quick Brief – Nvidia earnings key for reviving stalled rebound and broader risk-on rally  

Nvidia earnings look set to inject some life into subdued markets Another quarter of triple-digit earnings growth is anticipated But will this be enough to revive the AI rally?   Nvidia is the last of the Magnificent 7 to report its Q2 results, but definitely not the least. The chip giant is seen as a bellwether for other AI stocks as its dominant position in the industry means that any changes in demand will be reflected in Nvidia’s revenue.
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Daily Comment – Markets cautious as Nvidia earnings and key US data loom

Dollar pauses slide as jobs and inflation data awaited Yen pulls back but hawkish BoJ signals keep it elevated Wall Street awaits Nvidia, oil retreats on demand worries Dollar awaits key data for direction The US dollar extended its slump against all its major peers on Tuesday, as in the absence of any top-tier data and shocking headlines, investors continued to digest Powell’s dovish stance at Jackson Hole.
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Daily Comment – Powell signals it’s time to cut; dollar sinks but risk rally muted

Powell says the time has come for rate cuts, pushing yields and dollar lower But cautious rally in stocks as Nvidia earnings, inflation data awaited Oil jumps amid fresh escalation between Israel and Hezbollah Powell green lights rate cuts Fed Chair Jerome Powell locked in a September rate cut on Friday, using his Jackson Hole address to signal the Fed’s long-awaited pivot toward an easing cycle.
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Week Ahead – PCE inflation eyed as Fed lays groundwork for September cut

Focus to stay on the Fed as PCE inflation to be week’s main highlight Eurozone inflation data to be crucial for ECB rate cut hopes Australian and Tokyo CPI, plus Canadian GDP also on the agenda Will PCE inflation disappoint dovish expectations? The Fed’s long-anticipated dovish pivot is upon us and markets are bracing for the first US rate cut of this cycle at the September 17-18 meeting.
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Nvidia earnings to give AI space another reality check – Stock Markets

Nvidia earnings will be out on August 28 after market close Analysts expect triple-digit growth in revenue and earnings Stock up around 160% in 2024, valuation retains reasonable premium   Nvidia has another stellar year Nvidia has been the top-performing stock of the S&P 500 this year, rising by more than 160%. Clearly, the firm has been capitalising on the strong demand for its AI chips as they appear to be essential tools for all leading players in the Artificial Intell
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Technical Analysis – Nvidia stock enjoys big recovery. What comes next?

Nvidia’s stock extends exponential rally; pauses slightly below 130 There is potential for more upside as overbought signals not confirmed yet Earnings due on Wednesday, August 28 after market close   Nvidia staged another descent rally along with other tech stocks on Monday, sparking optimism that the ongoing bullish wave is not part of a bearish trend, and that the worst is now behind us as the price violated the tentative descending trendline taken from June’s record high.
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