Wedbush: NVIDIA's Q2 financial report to be released next week will be the "most important" event of the year
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Nvidia will announce its second-quarter earnings after the market closes on August 28th, Eastern Time. Wedbush believes this is the most important event in the tech industry in years. Analyst Dan Ives pointed out that the market is focused on the Fed rate cuts and global economic trends, and this financial report may impact the stock market. Nvidia is expected to have revenue of $28.67 billion and earnings per share of $0.64 next quarter. Additionally, there is a continued growth in demand for artificial intelligence by businesses
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