NVDA Earnings: What to Expect and How to Trade?
Upcoming News Article
As the title states, I'm curious what this group thinks about NVDA earnings on 5/22. I've traded on ER with other companies this past few weeks, and though some beat earnings and others missed, NVDA has exceptional profit margins at the moment and is positioned as a near-monopoly. This will make it very profitable/desirable. What are y'all's plans for tomorrow's opening bell for NVDA? Do you have both calls and puts? Price as of May 17, 2024, 4:00 PM: 438.08 AM GMT-4 USD NASDAQ. 52-Week Range: 298.06 - 974.00.
A Closer Look at the Company's Forward
The company is getting a nice chunk of its revenue from data centers, which is a growing market. They are also a leader in the gaming GPU market. The company's stock price has been on a tear lately, and it's currently trading at all-time highs. However, it's important to remember that the stock market is volatile, and anything can happen.
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