Do Nvidia earnings signal a bottom in ‘Magnificent 7’ stocks?
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If NVIDIA (Nvda), most importantly “Great seven “ The name is going to shake off the bears and then re-resubmitting trade for Megacap Tech stock complex.
“Last night, Nvidia was an apartment, it was enough to shoot at the arms all over the market, which has clearly descended in the last week.” Eric Jackson said about Yahoo finance Opening offer Podcast (see video above or listen below). “But this was similar to the kind of good results so that people felt, Hay, maybe we can return to some shed names.”
Shares of 3.2 trillion Market Hat shares have reversed preventive losses and rose almost 3% in early trading on Thursday, as investors have been digested NVIDIA Earnings Titles:A number
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NVIDIA in its earnings in its earnings on Wednesday evening expects gross profit margins by 70.6% and made 71%, as it competes with its new Blackwell Chip production.
That at the beginning Driven concerns in the markets at the peak of AI – And maybe the peak NVIDIA?
Nvidia Execs tried to push back bears on her earnings call.
“We are going to continue to scale, because the demand is quite large, and customers are worried and impatient to get their Blackwell systems and the CEO Jensen huang said: Huang touched several new powerful chips, which will be presented at the company’s March 17 GTC conference.
Listen. Why do you have to diversify the “MAG 7” stocks?
CFO COLETTE KRESS has added:
But another strong quarter of NVIDIA lost a slightly lost in the intensive centralization of worldview.
The quarterly income was increased by 12% and 78% last year. The sale of the data center has doubled since last year. The earnings are beaten by analysts.
Read more: How does NVIDIA make money?
The Nvdia Fund was later Protected streetMost analysts copy jacket ratings and price targets on the stock exchange.
“We understand the desire to diversify portfolios away from AI / Cloud, but we think it highly appreciates the solid (and global) pace of AI investment and the NVIDIA’s mandatory assessment.” Vivek arya wrote to the customer’s note.
The traders initially protected the magnificent seven names, although TECH shares failed at midnight. The achievements of this momentum’s names have not been deceased.
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