Nvidia earnings, bitcoin, Walmart & Target: In Case You Missed It
It was another jam-packed week for Wall Street with one of the headlining events being Nvidia's (NVDA) third quarter earnings release. Though facing pressure to outperform its revenue and profit beat by a wider margin, analysts remain confident in Nvidia's growth outlook and dominant position in the AI chip landscape. Hear more expert commentary from: - Mariner Wealth Advisors chief investment strategist and head of equities Jeff Krumpelman- Futurum Group practice lead for devices Olivier Blanchard- Moor Insights & Strategy Founder, CEO, and Chief Analyst Patrick Moorhead Bitcoin (BTC-USD) has been riding its post-election rally to new heights, now sitting just below $100,000 at the end of this trading week. Momentum in the crypto space has been further spurred by the prospects of President-elect Donald Trump's Cabinet nominations for regulator positions and Securities and Exchange Commission (SEC) Chair Gary Gensler's announced resignation coming in January 2025. Hear more expert commentary from: - Galaxy Digital CEO Mike Novogratz- Metafide CEO Frank Speiser- Charles Schwab president and incoming CEO Rick Wurster Yahoo Finance also spoke with Walmart (WMT) CFO John David Rainey as the major retailer reported third quarter earnings alongside Target (TGT). Hear more expert commentary from: - HSBC senior Americas retail analyst Daniela Bretthauer This post was written by Luke Carberry Mogan.
