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Options Market Statistics: Nvidia to Report Q3 Earnings Wednesday as AI Fever Continues to Power Wall Street, Options Pop
nvidia's latest financial report will be released next week. Can it revive the momentum of AI hardware?
According to the analysts' comprehensive expectations, nvidia is expected to achieve revenue of 33.08 billion dollars in Q3, an increase of 83% year-on-year. Since this week, several institutions' analysts have raised the target price for nvidia. Recently, investors' attention has shifted to the AI software sector, with many related stocks in the U.S. significantly rising.
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Alibaba Q2 conference call: Continuing to invest in e-commerce AI computing power, a huge space for new user growth with WeChat Pay cooperation.
Alibaba stated that it will continue to invest in e-commerce AI capabilities to support multiple AI products under development, in order to enhance user experience and merchant services. Following the integration with WeChat Pay, Alibaba holds an optimistic view on new user growth and plans to make medium to long-term investments in user growth and retention, considering it as a key focus for future investments. It is expected that this collaboration will significantly increase the monthly trade users of Taobao and Tmall.