Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Josh Enomoto

DARK SECRETS: Why nvidia nvda stock faces sell the news risk following its q2 earnings report - The Real Truth

NVDA Nvidia

Given the astonishing historical performance of semiconductor giant Nvidia (NVDA), it’s only natural that the general atmosphere for NVDA stock is optimistic, especially ahead of its second-quarter earnings report (scheduled for release on Aug. 26). First, you may consider the Barchart Technical Opinion indicator, which rates the ticker as an 80% Strong Buy, with a strengthening short-term outlook cited as evidence.

You can also look at the latest print. While a year-to-date performance of roughly 14% isn’t groundbreaking, NVDA stock had previously succumbed to an extended downturn. However, this dynamic appears to be reversing, with shares up 6% in the trailing month.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Why does a black cat's coat turn rusty brown in the sun?
A black cat that spends its days stretched across a sunny windowsill can develop a coat that looks more chocolate or rust than jet black, usually along the spine and flanks where the light hits hardest. The change is gradual enough that many owners assume the cat was always a…
Times Pets
Times Pets
Sylvester Stallone and Arnold Schwarzenegger were 'very confrontational'
Sylvester Stallone has opened up about his rivalry with Arnold Schwarzenegger.
BANG Premier
BANG Premier
Xochitl Gomez learned about the film business as a child
Xochitl Gomez has recalled what she learned about the movie business as a child.
BANG Premier
BANG Premier
Man says he gave the woman he was seeing a $200 hoodie, only to find it in a photo of another man proposing to his wife
He just wants his hoodie back.
We Got This Covered
We Got This Covered
That Meat Package Looks Fine — But These Warning Signs Deserve a Closer Look
Picking up meat at the grocery store often comes down to a glance at the package and its price. If the color looks normal and the sell-by date is still several days away, it may seem like an easy decision. But those details do not tell the entire story. Packaging…
Grocery Coupon Guide
Grocery Coupon Guide
Marvel’s New X-Men Cast Photo Has Fans Pointing Out One Odd Detail: “Full Boycott”
The internet has found another reason to put Marvel's upcoming X-Men reboot under the microscope, and this time, it's the faces in the cast photo.
Bored Panda
Bored Panda
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play