Nasdaq Futures Gain With All Eyes on Nvidia Earnings

“We expect Nvidia to exceed estimates and provide future earnings and revenue guidance that is higher than investors expect. It’s unlikely that Nvidia has seen any slowdown in demand for its products, even with increased competition, given how early we are in the AI cycle,” said James Demmert at Main Street Research.Investors are eagerly awaiting Nvidia’s third-quarter earnings report, scheduled for release after the market close. The chipmaker’s earnings reports have been market-moving since May 2023, when ...