1. NVIDIA struggled to breach key resistance despite market optimism. 2. Volume indicates lack of conviction ahead of earnings report. 3. Whisper numbers for NVIDIA earnings are higher than consensus estimates. 4. NVIDIA's earnings will test the strength of the AI rally. 5. Market expects a high likelihood of September rate cuts.
Higher whisper earnings could lead to positive market sentiment for NVDA, similar to past earnings beats that resulted in significant price increases and confidence in the AI sector.
The article focuses specifically on NVIDIA's upcoming earnings and market conditions that suggest potential upside, making it particularly relevant.
Upcoming earnings will have immediate effects, as investors react quickly post-report, similar to previous earnings seasons.