Why are people so confident about NVDA's August results?
After the financial results report $NVIDIA(NVDA.US$ Can anyone explain why you think the stock price of will rise?
As far as I've read, if financial reports exceed expectations, most people are recommended to determine profits, and stock prices rise.
Of course, if financial reports fall short of expectations, stock prices will drop.
Also, I think NVIDIA spent a large amount of money this fiscal year on AI development, factory construction, partnerships with other brands, etc.
Meanwhile, they have just started production, so they haven't sold anything to the company this term. Also, nothing has been announced to the public (graphics cards, etc.).
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183154613 : huh? Isn't it because you don't have it, so it's down? It's a good company, but now the money is flowing because other people can take profits. How do you look at it to look like a chart where expectations are rising?
183154613 : Ah, I'm talking about the past few days