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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Bullish on the AI leader! Applied Digital soared over 4% in pre-market trading, nvidia announced it holds about 3% of the shares.
Applied Digital's pre-market surge exceeded 4%, with filings showing that nvidia holds about 3% of the company's shares. The company focuses on the design and operation of datacenters, aiming to support high-performance computing and ai applications, with first-quarter revenue increasing by 67% year-on-year.
Druckenmiller made significant adjustments in the third quarter: opened positions in Bank of America and Broadcom, continued to increase holdings in the top position Natera.
Natera's position significantly increased by 80.61% compared to the previous quarter. Druckenmiller also established new positions in Broadcom, banks, and pharmaceutical stocks, while completely liquidating News Corp and telecom company Liberty Global, and reducing shareholding in microsoft.
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