Does NVIDIA profits point down in wonderful arrows 7?

Listen and subscribe to opening the offer on Apple podcastand Spotifyand YouTubeOr wherever you find your favorite podcast.

If nvidia (Nvda), The most important “Seven wonderful “ The name, will get rid of the bears, then it can rule the entire trading of the stock arrow complex.

“Nafidia was flat last night was sufficient to give a shot in the arm to the entire market, which was clearly decreased last week.” Eric Jackson He said in Yahoo Financial Opening offer Podcast (see the video above or listen below). “But this was like good results enough to make people feel, hey, perhaps we can return to some of the momentum names.”

The shares of the maximum cutting maker reflected the 3.2 trillion dollar market, pre -market losses, and approximately 3 % increased in early trading on Thursday, when investors digested, adding from Nvidia profits addresses.

In the release of its profits on Wednesday evening, NVIDIA said it expects the total total profit margins from 70.6 % to 71 % in the first quarter because it contradicts the intensification of production from the new BlackWell chip.

This is at the beginning Paying anxiety in the markets about the peak of demand artificial intelligence Perhaps the peak of noise nvidia.

NVIDIA Execs sought to retreat on the bears in its profit call.

“We will have to continue to expand because the demand is very high, and customers are concerned and patience to get their Blackwell systems.” Gensen Huang He said. Huang disturbed many of the new strong chips that will be revealed at the GTC conference on March 17.

He listens: Why should you diversify from “Mag 7” stocks

“Once the entire Blackweell tours, we can improve our cost and our total margin. So, we expect to be in the mid -seventies later this year,” added CFO COLETTE Kress.

But another powerful quarter of NVIDIA lost somewhat focusing on expectations.

The quarterly revenue increased by 12 % in succession and 78 % of the previous year. Data center sales have multiplied more than the previous year. The profits of victory over analysts estimates.

Read more: How do you earn Nvidia money?

NVIDIA shares later was Defending the street. Most analysts have reiterated the ups and price goals on the stock.

“We understand the desire to diversify the governor away from artificial/cloud intelligence, but we believe that this weakens the strong (and global) pace of artificial intelligence investments and the disguised NVIDIA evaluation”, “Bank of America analyst Vevik Arya He wrote in the customer’s memo.

Traders also initially defended the wonderful seven names, although technology shares stumbled in the middle of the day on Thursday. These momentum’s gains were not the late rule.

The story continues