Digest & Invest by eToro | Insights on Trading, Markets, Investing & Finance
MB211: Can NVIDIA Continue To Go Higher?
August 28, 2024
On this week's Market Bites episode the team discuss the upcoming earnings report from NVIDIA.
On this week's Market Bites episode the team discuss the upcoming earnings report from NVIDIA.

YOUTUBE LINK

Takeaways

🔹 Nvidia's earnings report is viewed as crucial for the markets and can offer insights into economic conditions and the tech industry.
🔹 Key areas to watch in the report include data center revenue, guidance for future growth, and updates on Next Generation Blackwell GPUs.
🔹 Expectations for Nvidia's report are sky-high, and a beat or miss could have significant impacts on the market.
🔹 Technical analysis suggests potential resistance at the all-time high of $140 and support at $108.

Learn more about trading by visiting the eToro Academy home page where you can read reports, watch videos and sign up to our free trading course.

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. Past performance is not an indication of future results.

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.

Digest & Invest by eToro is presented by our friends over at: fame.so