Difficult Two Weeks If Nvidia Misses Expectations: Shah
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AI-PoweredNvidia's quarterly earnings are expected to meet high tech earnings expectations, and missing these expectations could lead to a challenging market period.
Market impact analysis based on bearish sentiment with 68% confidence.
Article Context
Seema Shah, chief global strategist at Principal Asset Management, discusses the outlook the artificial intelligence trade ahead of Nvidia Corp.’s quarterly earnings due out on Wednesday. The bar for tech earnings expectations is getting “higher and higher,” Shah tells Bloomberg Television. “It really does need to meet these hurdles. Otherwise, we could be looking at a fairly difficult couple of weeks.”
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