It's Nvidia Day: Watch the biggest company on earth report earning live at the bell

What happened

Nvidia will report earnings after Wednesday's market close. Wall Street expects earnings per share (profit per share) of two dollars and nine cents and revenue of ninety-two point two billion dollars for the second quarter, with one hundred three point seven billion dollars in sales forecast for the third quarter.

Confirmed

Global impact / market context

Nvidia's results can move the entire technology sector. If profit per share or sales fall short of expectations, its stock could drop, possibly dragging down other chip companies and tech funds holding Nvidia shares.

Analyst inference

Nvidia's stock has declined the day after each of its last four earnings reports, even when results met or beat expectations. This shows investors demand exceptionally high performance, so any small disappointment could trigger a selloff in technology stocks.

Analyst inference

What to watch

1. Watch Nvidia's actual second-quarter earnings per share and revenue compared with the expected two dollars and nine cents and ninety-two point two billion dollars, plus the third-quarter sales forecast of one hundred three point seven billion dollars. Confirmed
2. Check whether Nvidia's management raises or lowers its future sales guidance, since that could signal demand for its chips and influence the stock price more than the reported numbers themselves. Proposed
3. Observe how Nvidia's stock trades the next day, because it has fallen after each of the last four reports. A decline could pressure other technology shares and investor confidence broadly. Analyst inference

Affected assets

• EPS — Ellipsis [OLD]

Evidence

• cryptopolitan.com