Nvidia's big earnings day is here, and the bar is high for the chipmaker's stock to get a boost from its upcoming results. As of Tuesday afternoon, analysts polled by LSEG expected Nvidia to post third-quarter revenue of $54.92 billion. For the company's fiscal fourth quarter, those covering the stock expect topline guidance of about $61.66 billion. Those revenue figures point to more than 56% year-over-year growth for both periods. But traders at JPMorgan think the so-called whisper numbers are even higher. "Survey says $56.32b & $63.02b" for fiscal third and fourth quarters, respectively. That would be a $1.4 billion beat for Q3 and fourth-quarter guidance exceeding the consensus by $1.36 billion. "If feels increasingly like the weight of the world is on NVDA," said JPMorgan's trading de
Market is counting on Nvidia. The 'whisper numbers' it must deliver
CNBC Stock Market1 hrs ago
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