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Shay Boloor Highlights Nvidia's 'Fundamentally Illogical' Valuation Discount As NVDA Eyes 'World Leader' Status In CPUs
Benzinga31d agoneutral
Shay Boloor Highlights Nvidia's 'Fundamentally Illogical' Valuation Discount As NVDA Eyes 'World Leader' Status In CPUs

Ahead of its fiscal second-quarter report, Shay Boloor, Chief Market Strategist at Futurum Equities, highlighted that Nvidia Corp. (NASDAQ:NVDA), trading at a “valuation discount,” is “fundamentally illogical.” Citing a bullish research note from Raymond James, Boloor emphasized that Nvidia is trading at a notable discount relative to the broader S&P 500 despite robust earnings momentum, even as the chipmaker expands beyond graphics processors, with Raymond James projecting Nvidia could become t

Stock Market: Will S&P 500 Open Up or Down Today?
Benzinga Prediction Markets31d agoneutral
Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures were mixed early Wednesday as Wall Street awaits Nvidia Corp.‘s (NASDAQ:NVDA) marquee earnings report, key PCE inflation data, and further developments surrounding the Strait of Hormuz. The Polymarket (CRYPTO: POL) crowd is evenly split for the Aug....

Morning Bid: Markets are waiting '9 to 5'
Reuters31d agoneutral
Morning Bid: Markets are waiting '9 to 5'

A look at the day ahead in European and global markets from Ankur Banerjee A holding pattern in global markets has emerged as traders await earnings from Nvidia that will be a test of confidence in

Stocks edge higher as oil drops on fresh Mideast hopes
AFP31d agobearish
Stocks edge higher as oil drops on fresh Mideast hopes

Asian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while traders were also nervously awaiting Nvidia's earnings and key US inflation data.However, analysts said the simmering US-Canada trade row was causing some uncertainty, while the big event on the agenda this week is Nvidia's second-quarter earnings on Wednesday.