US Stocks Move: Nvidia up 0.8% in pre-market trading as the market awaits upcoming earnings report
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Glonghui, February 25th|Nvidia's stock price rose slightly by 0.8% in pre-market trading, as the market eagerly anticipates the company's upcoming earnings report. The market generally expects Nvidia's earnings per share to be $1.52, with revenue increasing by 67% year-on-year. Katherine Brooks from XTB stated: "A blockbuster earnings report is expected, as Nvidia continues to benefit from massive capital expenditures by hyperscale enterprises." Brooks pointed out that Nvidia's stock price has fluctuated by an average of 4% after the release of its quarterly earnings reports over the past eight quarters. Ipek Ozkardeskaya from Swissquote wrote that strong performance data alone may not be enough to excite investors. The key lies in the details—cash flow, accounts receivable, profit margins, and forward-looking guidance.
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