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Benzinga Bulls And Bears: Nvidia, Tesla, Snowflake, Broadcom — And Raoul Pal Advocates Bitcoin Before AI
After Powell's 'explosive' speech, the market entered 'nvidia time'.
Next Wednesday, we will welcome the second quarter financial report of the AI chip giant NVIDIA. This not only concerns NVIDIA itself, but also the global technology and even the financial industry chain. S&P Global Market Intelligence predicts that revenue growth is expected to slow to 113%, and revenue will rise to $28.7 billion.
Just next week! Nvidia will release the "most important technology financial report in recent years." Can it debunk the "AI bubble theory"?
① Analysts have generally given an optimistic outlook on Nvidia's financial report, expecting its revenue to double and its datacenter business to reach new highs. ② Nvidia's financial report could be a "real test" for the overall market, especially the technology sector. ③ It is estimated that Huang Renxun has already cashed out at least 0.578 billion US dollars from June to August. There are also reports mocking that the fate of the technology bull market may be in Huang Renxun's hands.
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