ICYMI: Nvidia Earnings, What Nvidia Can Get From Google, Canada Goose Earnings
Thursday is all about Nvidia Corp.
Nvidia & Google RBC Capital Markets analyst Mitch Steves wrote in a note out to clients Wednesday that Google's $13 billion investment for new data center across the U.S. could mean additional chip sales for Nvidia.
See TheStreet's piece on that soon to come here on TheStreet.com.
Nvidia Reported Earnings Nvidia reported earnings Thursday.
See Eric Jhonsa's live blog on the company as it reports.
The stock was up roughly 7% in the past five days as Nvidia investors shifted their focus to the earnings print.
Management had guided quarterly revenue down to $2.2 billion from $2.7 billion, which could have gotten all of the stock's woes out of the way early, as management looks to regain trust with investors.
RealMoney's Kevin Curran wrote there's some correlation between the success of Nvidia's crypto segment and its stock price.
Nvidia was RealMoney's stock of the day.
Canada Goose Canada Goose Holdings Inc.
Reported an earnings and revenue beat Thursday morning, and raised its revenue and earnings-per-share guidance for the full year of 2019 considerably.
The stock was down 12% Thursday, though it also ran up some 10% in the five days leading up to the earnings print.