Nvidia may break its beat-and-raise streak, but there's good news for investors
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Nvidia's upcoming earnings report may not impress Wall Street, potentially breaking its beat-and-raise streak. However, Mizuho analysts are optimistic about Nvidia's prospects for later next year.
November 12, 2024 | 4:30 pm
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Nvidia's earnings report for the January quarter may not meet Wall Street's expectations, potentially breaking its beat-and-raise streak. However, Mizuho analysts are optimistic about the company's future prospects later next year.
The news suggests that Nvidia's upcoming earnings report may not meet expectations, which could negatively impact the stock in the short term. However, the optimism from Mizuho analysts about future prospects could mitigate this impact, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100