Nvidia (NVDA) Is Empowering The AI Revolution

Nvidia (NVDA) is empowering the AI revolution, notes Ivan Feinseth. he discusses NVDA as its earnings are to be released today, postmarket. Its adjusted EPS is estimated at $2.09 and revenue is estimated at $11.17B. Ivan talks about how every company is going to use AI to create value, and a lot of companies are incorporating NVDA chips, such as Alphabet (GOOGL) and Cisco (CSCO). He goes over how he's not that concerned about net profitability currently as he thinks we'll get an increase overall. NVDA is up over 212% year-to-date. He then questions if NVDA can backup last quarter's huge earnings beat. Tom White joins to demonstrate example trades using NVDA. The first is a call vertical and the direction is bullish and the second is a cash secured put and the direction is neutral to bullish. Tune in to find out more about the stock market today.

Morning Trade Live

23 Aug 2023

SHARE

Schwab Network's Newsletters

Daily insights for every investor

ON AIR
8:00 pm
Market Overtime
replay
12:00 am
The Wrap
REPLAY
12:30 am
Market On Close
REPLAY
2:00 am
Trading 360
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
5:00 am
Market Overtime
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Morning Movers
8:00 am
Opening Bell With Nicole Petallides
9:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
REPLAY
4:00 pm
Fast Market
REPLAY
5:00 pm
Next Gen Investing
REPLAY
6:00 pm
The Wrap
REPLAY
7:30 pm
Market Overtime
REPLAY
ON AIR
8:00 pm
Market Overtime
REPLAY
8:30 pm
Market On Close
REPLAY
10:00 pm
Trading 360
REPLAY
11:00 pm
The Wrap
REPLAY