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17.11.2024 11:10:00

Here's What to Expect From Nvidia on Nov. 20.

One of the most-watched events of the month -- at least in technology and financial circles -- may be what's happening on Nov. 20. Artificial intelligence (AI) powerhouse Nvidia (NASDAQ: NVDA) is set to offer us a look at its latest earnings figures and an update on what may be its next major growth catalyst. If investors are happy with what they see, this already soaring stock -- heading for a 186% gain this year through early last week -- could surge.The technology giant already has wowed the investment community quarter after quarter in recent times. It's beat earnings estimates for at least the past four quarters, earnings have surged in the triple digits, and it's secured gross margin levels of more than 70%. On top of this, Nvidia has achieved other successes such as being invited into the Dow Jones Industrial Average, and it even became the world's most valuable company earlier this month when its market cap surpassed that of Apple.So it's clear investors are eager to hear an update from this market leader. But we're not completely in the dark right now. Nvidia and others have offered us some clues. Here's what to expect from the AI giant on Nov. 20.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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