Nvidia (NVDA) Q4 Earnings Preview
Shares of Nvidia (NVDA) popped 1.13% during regular trading hours Wednesday, with the firm set to release its Q4 fiscal 2019 financial results after the closing bell Thursday.
Wall Street will be watching the newly struggling chip power closely. So, let’s look at what investors should expect from Nvidia.
Overview: Nvidia joined the likes of Apple (AAPL) when it drastically lowered its holiday quarter guidance amid the economic slowdown in China.
Is NVIDIA a Value Play or a Falling Knife?
There was a time when it looked as if NVIDIA (NASDAQ:NVDA) could do no wrong.
Terrific growth in the gaming and data center businesses made the graphics card specialist a hot stock market favorite before things started changing drastically in October last year.
As it stands, NVIDIA stock has lost nearly half its value in the space of just over four months thanks to the fallout from the cryptocurrency bust.
How Amazon makes money
Amazon reported record profit in 2018, earning $10.1 billion in net income compared with just $3 billion the prior year. Considering the company hardly recorded any profit until 2016, this sudden cash influx represents a new era for Amazon.
Dow Jones Futures: Dow Tech Giant Cisco Signals Breakout
Dow Jones futures rose modestly early Thursday, along with S&P 500 futures and Nasdaq futures, amid a report that President Donald Trump was mulling 60-day extension on raising China tariffs.