NVIDIA Earnings Call, Dow Jones Addition Boost Semiconductor Giant's Bullish Outlook
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Description
**Nvidia (NVDA) Analysis:** 1. **Current Price and Intraday Trading Range:** - Current price: $148.74[4]. - Intraday range: $143.58 to $149.62[4]. 2. **Pre-market and After-hours Movement:** - Pre-market data not available in the provided sources. - After-hours movement not specified, but the stock closed at $145.10 and opened at $146.56[4]. 3. **Trading Volume vs Average:** - Average daily volume: 199,578,022[1]. - Current volume data not provided in the sources. 4. **Recent News or Announcements:** - NVIDIA will host a conference call on November 20 to discuss its third-quarter financial results[1]. - NVIDIA and Sherwin-Williams are set to join the Dow Jones Industrial Average[1]. 5. **Major Analyst Updates or Price Target Changes:** - Analyst price targets range from $90.00 to $202.79[5]. - No recent updates or changes mentioned in the provided sources. 6. **Options Flow Activity:** - No specific data on options flow activity is available in the provided sources. 7. **Related Semiconductor/AI Sector News:** - xAI’s Colossus supercomputer cluster uses 100,000 NVIDIA Hopper Tensor Core GPUs[1]. - No other recent sector news affecting Nvidia is mentioned. 8. **Key Technical Indicators for Day Trading:** - Moving averages, technical indicators, and moving averages crossovers are bullish[4]. - TTM PE: 67.30, TTM EPS: $2.21, Dividend Yield: 0.03%[4]. - 52-week high/low: $1,255.61/$91.56[4]. - Market sentiment is very bullish[4]. **Market Sentiment:** The overall market sentiment for Nvidia is very bullish, with positive technical indicators and a strong recent performance. The stock has seen significant gains in the past month and quarter, despite a year-to-date decline. The upcoming earnings call on November 20 could provide further insight into the company's financial health and future prospects.
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