Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Barchart

Ebube Jones

BMO Just Named Nvidia a Top Pick as It Initiates Coverage. What This Means for NVDA Stock.

Nvidia NVDA BMO United States BMO Capital Markets Harsh Kumar GS GAAP Safe Superintelligence Amazon

Nvidia's (NVDA) shares have just ended their longest losing streak in four years, falling for six straight sessions before closing at $214.72 on Friday. The stock was down 4.7% from its Aug. 13 high of $225.30. Despite another day back in the red on Monday, it is back in the green today and has rebounded 12% from its July 29 low of $190.01 and remains up nearly 14% so far this year.

The pullback comes ahead of Nvidia’s fiscal Q2 earnings report after the market closes on Wednesday, Aug. 26. Analysts expect earnings of $2.01 per share, more than double the amount reported in the same quarter last year.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

First hurricane of the season has not formed this late since 1905 as scientists say possible US landfall on Saturday

The Guardian - US

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Holly Leeann Flores was arrested in Northlake after police said her husband and two young children suffered stab wounds. Investigators are examining the incident and its possible motive.

International Business Times UK

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

The six-time Pro Bowl right tackle says he is stepping away after 14 seasons to focus on his mental health and spend more time with his family

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

‘Moonies employees strictly followed the rules and did not serve alcohol to any underaged guests,’ the bar said in a statement

The Independent UK

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

The Trump administration is creating a team of attorneys to represent children who traveled alone to the United States in immigration proceedings, which critics say would deprive them of having lawyers who aren’t employed by the government and could put them at greater risk of deportation

The Independent UK

Related Stories

Top stories on inkl right now

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

First hurricane of the season has not formed this late since 1905 as scientists say possible US landfall on Saturday

The Guardian - US

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Holly Leeann Flores was arrested in Northlake after police said her husband and two young children suffered stab wounds. Investigators are examining the incident and its possible motive.

International Business Times UK

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

Philadelphia Eagles great Lane Johnson abruptly retires citing ‘mental health’

The six-time Pro Bowl right tackle says he is stepping away after 14 seasons to focus on his mental health and spend more time with his family

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

‘Moonies employees strictly followed the rules and did not serve alcohol to any underaged guests,’ the bar said in a statement

The Independent UK

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

The Trump administration is creating a team of attorneys to represent children who traveled alone to the United States in immigration proceedings, which critics say would deprive them of having lawyers who aren’t employed by the government and could put them at greater risk of deportation

The Independent UK

Our Picks

Have an Elmo Teether in the Freezer? Check It Before Giving It Back to Baby

That familiar red Elmo face sitting in your freezer may deserve a closer look before it goes back into your baby’s hands. A Skip Hop Baby “Sesame Street” Elmo Silicone Teether has been recalled because its black eye pieces can detach if the product is frozen, creating a choking hazard.…

Kids Ain't Cheap

Gen Z's new American Dream: Skip the mortgage, book the flight

Young Americans are trading square footage, new cars, and even moving out for plane tickets, even as airfares jump more than 20%.

Megan Fox Tagged 'Unrecognisable' in Letterboxd Video as Fans Defend Her Against Meaningless Comments

A Letterboxd video featuring Megan Fox and Karyn Kusama prompted online debate about Fox's appearance, with fans challenging unsupported speculation about cosmetic procedures or health

International Business Times UK

US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List

PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.

International Business Times UK

Alice Zaslavsky’s shortcut beetroot baked risotto – recipe

An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights

The Guardian - AU

Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in

On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.

The Conversation

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play