Nvidia expected to beat, guidance will be key: Evercore
) is due to report earnings this week and while an above-consensus print is expected, the spotlight will be on guidance “as investors remain skittish on AI adoption,” Evercore ISI strategists said in a note.
As AI continues to expand its influence across various sectors, periods of market weakness are seen as buying opportunities. Evercore said its Strategy team has updated its list of “AI Revolutionaries,” which includes companies that are showing increasing mentions of AI, improving earnings per share , and offering attractive relative valuations. Nvidia, Coca-Cola (NYSE:Nvidia will report its second-quarter earnings for fiscal 2025 after the market closes on Wednesday.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blackwell concerns 'overdone', buy Nvidia stock into earnings: EvercoreBlackwell concerns 'overdone', buy Nvidia stock into earnings: Evercore
Read more »
Trading Fed rate cuts: These banks are primed to outperform when rates fall, Evercore ISI saysComerica and Fifth Third Bancorp are among a few banks that are best positioned from a net interest income perspective once the Fed cuts rates, the firm said.
Read more »
Investors see Harris winning the election, Evercore's survey showsInvestors see Harris winning the election, Evercore's survey shows
Read more »
Investors see Harris winning the election, Evercore's survey showsInvestors see Harris winning the election, Evercore's survey shows
Read more »
3 internet stocks earn promotion on Evercore ISI's 'Top Picks' list3 internet stocks earn promotion on Evercore ISI's 'Top Picks' list
Read more »
Powell to communicate that Fed is open to 50 bp rate cuts: EvercorePowell to communicate that Fed is open to 50 bp rate cuts: Evercore
Read more »