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Wall St Preps For BIG NVIDIA Earnings Call ๐Ÿ–ฅ๏ธ IOVA VZIO ๐Ÿ“ˆ FLR AXSM ๐Ÿ“‰

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Wed, Feb 21, 2024 07:47 AM

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FlowBank's hand-curated fresh financial news Wall Street Braces For Nvidia Earnings Nvidia, now the

FlowBank's hand-curated fresh financial news [header_noDither] Wall Street Braces For Nvidia Earnings Nvidia, now the world's third-largest company by market value, is about to report earnings with its stock up significantly due to strong demand for its AI GPUs. Revenue is expected to surge to $20.6 billion, largely driven by its data centre business, which is crucial for AI development. Despite potential concerns over future demand from big tech companies, Nvidia's outlook remains strong, especially with the upcoming launch of new AI chips, indicating continued growth. WHAT'S MOVING [Group 1742 (31)-1] [Start Trading](113/cXx8Z04/VXjqhL3XttxpW4DQJ924FJWf7W4dVnpw59Nn4nN5bb0hH2-ZVTW6N1vHY6lZ3m8W2qf77-2dL3jtW4zHBkm7XwnDwW4ww4cc1XGMtFW46fW1Q3lhFwjW21GlqQ7p-_3qW3RRYhp8kZSTlW8lYsRq1tsXf5VSXfsK8mr4NHW2qR1_d6WrjFsW8tqBcG4X0DSYW1BtkpG62Wf2pW4frZHX41f8KmW5-V54P7ypb5XW4qrFfm8qpvXMW47lZ3p3l21QnW3-4TD47lkYckW8ChW6f6sn5RFW7vJrm18v8vVGW3fkQNj5kwPJ_W45XcVP8v6wxcW23nqtR94c6D3W2_HFfP3CJ583f1KTth204) [Group 1752 (21)] Uber Uber Eats is launching self-driving robot deliveries in Tokyo with Mitsubishi Electric and Cartken, expanding its autonomous delivery services beyond the U.S. for the first time. [Group 1750 (28)] Palo Alto Networks Palo Alto Networks' stock plummeted 19% after hours as the company cut its full-year revenue and billings forecasts despite beating earnings expectations, citing a strategic shift towards AI and platform consolidation as reasons for adjusted guidance. [Group 3 (31)-2] HSBC HSBC's shares dropped 3% as its annual pre-tax profit of $30.3 billion, up 78% from the previous year, fell short of the expected $34.06 billion due to impairment costs, despite announcing a $2 billion share buyback and the highest dividend per share since 2008. WHAT'S COMING UP? EUR: German 10-Year Bund Auction: Exp. 2.230% USD: 20-Year Bond Auction: Exp. 4.423% USD: FOMC Meeting Minutes IN OTHER NEWS Wall Street U.S. stock futures saw a slight decline on Tuesday evening following a second consecutive day of losses in major indexes, largely driven by a drop in Nvidia. Nasdaq 100 futures fell by 0.2%, Dow Jones futures by approximately 0.06%, and S&P 500 futures by 0.1%. [Group 1769] Europe & Asia Pacific European stocks are set for a mixed start on Wednesday amid challenges in gaining positive momentum. While Hong Kong stocks rose over 3% despite mixed performances in Asia-Pacific markets and Wall Street's losses, as investors digested Japan's trade data and declining business confidence among major manufacturers. MARKET INSIGHTS Fintech: What tech did for finance & whatรขย€ย™s next Gain a fresh perspective on how mobile banking and digital advancements have already reshaped your financial experiences, and explore what the advent of technologies like quantum encryption and decentralized finance heralds for the future of your financial dealings. [Read more](113/cXx8Z04/VXjqhL3XttxpW4DQJ924FJWf7W4dVnpw59Nn4nN5bb0h42-ZVTW5BW0B06lZ3q1W8VPqYs61JNMdW8Qp3rq2xJXW5N4Qg48HtsRX6W2fMvy83t30fzW7FYY1663fTxCW5ZWXf51tHwQlW2cFjCm9kZmwXN1VVd02SLsmdW9jPj1j3yj2SCW6Qg-5p8cTwkCW6_kTqc3vxp5FW38GkmJ4Mt0KnN66bQrNK9XyPW3hd2QY2hRTD5TZXCl8k6lfQW6sjpgb5DbQ2-W80rmgm8Fd9l_W9htQJn1pyGHrf7jBXFM04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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