Wall Street expert forecasts next Nvidia earnings to be ‘drop the mic moment'

Thanks to a mix of concerns from its exceptionally high price-to-earnings (P/E) ratio and the broader stock market slump arising primarily from the weaker-than-expected July employment report, the future of Nvidia (NASDAQ: NVDA) shares appears less certain than at almost any point since the start of 2024.One analyst, Wedbush’s Dan Ives, believes that the highly anticipated earnings report – scheduled for August 28 – will prove not only an exciting event but also a ‘drop the mic moment’ for Nvidia.Nvidia ear ...