首页 News 正文

Nvidia will face a 'big test'

因醉鞭名马幌
176 0 0

Looking back at last week, Federal Reserve Chairman Powell released the strongest signal of interest rate cuts so far in his speech at the Jackson Hole annual meeting on Friday, ending a week of trading on Wall Street with cheers. The S&P 500 index is once again approaching a historic high.
This week, the Federal Reserve's most favored inflation indicator, the Personal Consumption Expenditures (PCE) Price Index, is about to be released. Although the Fed's interest rate cut in September is almost certain, the core PCE inflation in July may provide the market with more signals of monetary policy changes.
Another major event this week is that Nvidia will announce its Q2 2025 fiscal year results after market hours on August 28th Eastern Time. Nvidia's increase so far this year is about 160%, contributing nearly a quarter to the market value growth of the S&P 500 index. Therefore, the performance of this chip leader will have a huge impact on the rise of the US stock market.
Week ahead: Nvidia welcomes financial report 'big test'

This week's US stock earnings season is coming to an end, and Nvidia's performance will become a key catalyst in the market. Nvidia will announce its results for the second quarter of fiscal year 2025 after market hours on August 28th Eastern Time.
NVIDIA's performance report is not only related to itself, but also closely related to the global technology and even financial industry chain. Analysts generally expect the company's second quarter revenue to be $28.67 billion, a year-on-year increase of 112.2%. Although the growth rate has slowed down compared to the same period last year, the growth is still strong, with an expected earnings per share of $0.64.
Allspring Global Investments believes that Nvidia has become a stock representing the trend of the times, and its financial report release time is the "Super Bowl" of the financial market, which will attract widespread attention and discussion.
According to data from option analysis company ORATS, traders expect Nvidia's stock price to fluctuate by around 10.3% on the second day of its financial report, which is higher than the expected trend before any Nvidia financial report was released in the past three years and far higher than the average volatility of 8.1% after the announcement of performance during the same period.
In addition, from August 25th to August 27th local time, the annual top chip event Hot Chips will be held at the Stanford University Memorial Hall in the United States. Nvidia will share the latest progress of the supercomputer Blackwell on the 26th.
In addition to Nvidia's financial report, a group of Chinese concept stocks such as Pinduoduo, Meituan, and Ctrip will also release their latest results.
Key inflation indicators hit

Looking back at last week, Federal Reserve Chairman Powell released the strongest signal of interest rate cuts so far in his speech at the Jackson Hole annual meeting on Friday, ending a week of trading on Wall Street with cheers.
After Powell's speech, traders increased their bets on a significant interest rate cut in September. Currently, the market has priced the probability of a 50 basis point rate cut in September at 37%, higher than the previous estimate of about 25%. The market also expects that by the end of this year, the Federal Reserve's cumulative interest rate cuts in the remaining three meetings will reach 106 basis points.
In terms of data, the most noteworthy will be the Personal Consumption Expenditures (PCE) price index in the United States, which is the Federal Reserve's most favored inflation indicator. Although the September interest rate cut is already a certainty, the July PCE inflation data may affect the magnitude of the Fed's interest rate cut and the subsequent policy path.
The market generally expects the core PCE index to remain unchanged at 0.2% month on month, with a slight rebound in year-on-year growth rate to 2.7%. The overall PCE monthly and annual rates are expected to accelerate slightly. At the same time, the monthly rate of personal expenditure in July is expected to increase by 0.5% month on month, which may further alleviate concerns about an economic recession but also weaken hopes of a significant interest rate cut.
Prior to the release of PCE data, the United States will also release data on durable goods orders for July, initial jobless claims for the week ending August 24th, and the second revised value of GDP growth for the second quarter. In addition, the 2024 FOMC voting committee and Atlanta Fed Chairman Bostic will give speeches on Thursday and Friday respectively.
The Bank of Japan may still have room for interest rate hikes this year

In terms of the Japanese market, the Tokyo CPI data will be released this Friday, which is considered a leading indicator of the national inflation trend in Japan. In addition, the unemployment rate in Japan in July also deserves close attention from investors.
When the Bank of Japan simultaneously raised interest rates and announced a gradual halving of asset purchases at its July meeting, the reality that Japan's years of ultra loose monetary policy were coming to an end finally touched the nerves of investors.
At present, it seems highly likely that the Bank of Japan will raise interest rates again before the end of the year. Although Bank of Japan Governor Kazuo Ueda expressed concerns about the current market instability, he still hinted that there will be more interest rate hike plans if the economy and inflation remain on track.
Nomura Japan Chief Economist Keihei Morita stated that the Bank of Japan's policy response mechanism (referring to the monetary policy rate that the Bank of Japan considers the most appropriate under existing economic and price conditions) may have changed at the July meeting.
Morita Kyohei stated that there is still room for adjustment in the forecast of monetary policy without changing the forecast for the economy and inflation. Therefore, we hold a new perspective on monetary policy forecasts. At the same time, we have adjusted our evaluation of the policy stance of members of the Bank of Japan's Policy Committee (hawkish or dovish), reassessing the stance of Bank of Japan Governor Kazuo Ueda as' slightly hawkish 'rather than' moderate '
Morita Kyohei believes that the Bank of Japan will raise interest rates at its policy meetings in October or December this year (with a higher possibility of a rate hike in December), and will raise interest rates again at its policy meetings in April and July 2025. The expected three interest rate hikes (once this year and twice next year) signify an adjustment in the 'loose' policy phase. Among these three interest rate hikes, we expect the first one to take place at the policy meeting in October or December this year, and the likelihood of a rate hike in December is higher.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

  •   据媒体报道,OpenAI正准备推出一款代号为“Operator”的全新AI助理产品,可以自动执行各种复杂操作,包括编写代码、预订旅行、自动电商购物等。根据内部员工爆料,OpenAI领导层预计将在2025年1月发布该产品,首 ...
    永远的希望
    半小时前
    支持
    反对
    回复
    收藏
  •   本报讯 (记者李豪悦)11月12日,腾讯音乐娱乐集团(以下简称“腾讯音乐”)宣布其截至2024年9月30日止第三季度的未经审计财务业绩。   2024年第三季度,腾讯音乐娱乐集团业绩表现稳健,总收入为70.2亿元,同 ...
    覃志辉
    前天 20:07
    支持
    反对
    回复
    收藏
  •   新华财经上海11月13日电芯片制造商英伟达和软银集团的电信部门软银公司周三表示,两家公司已经试运行了全球首个人工智能和5G电信网络。   两家公司表示,该网络可以同时运行人工智能和5G工作负载,这一过程被 ...
    惡魔獵人
    昨天 12:36
    支持
    反对
    回复
    收藏
  •   美股三大指数集体收跌,道指跌0.86%,标普500指数跌0.29%,纳指跌0.09%。大型科技股多数上涨,英伟达涨超2%,奈飞、微软、亚马逊涨超1%,谷歌、Meta小幅上涨;苹果平收,特斯拉跌超6%,英特尔跌超3%。安进收跌超 ...
    lbbz1314
    昨天 09:59
    支持
    反对
    回复
    收藏
因醉鞭名马幌 注册会员
  • 粉丝

    0

  • 关注

    0

  • 主题

    43