Key points:

• Nvidia reports Wednesday after the bell
• Expectations at near-unrealistic levels
• The entire market is hanging on this one

It’s Nvidia’s stock market and we all live in it. The tech juggernaut is getting ready to report financials Wednesday after the bell. Here’s what to watch.

🚨 Sky-High Bar

• Happy Nvidia earnings week. Nvidia NVDA is once again the gravitational center of global markets. And this week, it’s about to pull everything into its orbit.
• The chip titan reports fiscal third-quarter earnings on Wednesday, November 19, and traders are treating it like the biggest single event of the quarter. In some ways, it is.

💰 Why This Earnings Report Matters

• Analysts expect earnings per share of $1.25, up sharply from $0.81 a year ago. Revenue is projected to land at $54.6 billion, a staggering 56% year-over-year surge.
• Nvidia has been the backbone of the AI build-out, powering demand across cloud, enterprise, government, startups and literally everyone with a GPU budget.
• But with expectations this elevated, simply beating estimates may not impress. Investors want acceleration, upside guidance, and zero signs of cooling demand.

🔑 The Setup: Slightly Off Highs

• If Nvidia delivers another blockbuster print, it could reignite the AI rally and ease concerns after several weeks of tech-sector wobbling.
• Nvidia shares are lower by 8% from their record high reached when the company became the first ever to hit a $5 trillion valuation.
• Early Monday, shares were up about 1%, a calm surface that belies the tension building underneath.

Source: Tradingview