Nvidia Q3 Earnings Preview After CEO Jensen Huang's Exit
Nvidia is set to report Q3 earnings next week, with Wall Street expecting EPS of $2.47 on $108.73 billion in revenue, following CEO Jensen Huang's ouster amid affair controversies. The earnings report comes as markets assess the fallout from Huang's exit, with Nvidia among major tech firms scheduled to report alongside Palo Alto Networks, Alibaba, Walmart, and Baidu. Options volatility for Nvidia has increased over the past week. The broader market rose Friday after October's Producer Price Index rose 0.3% month-over-month, below the 0.4% consensus. Next week's economic calendar includes Fed Chair Kevin Warsh's speech Monday, retail sales Tuesday, crude oil inventories Wednesday, and FOMC meeting minutes Thursday.