Nvidia Stock Rises. AI Rally Is Riding on Earnings.
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Stocks steadier before key Nvidia results
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Viewed through that lens, Nvidia looks compelling. But there are real risks.
Wall Street shares have seen big swings this week as investors brace for all-important earnings from AI bellwether
Not as expensive as it used to be, based on one widely watched valuation measure—the price-earnings ratio. While Nvidia's stock price has soared, its earnings power has risen even quicker, pushing down the PE ratio.
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Nvidia may be the most popular chip stock right now, but smart investors are beginning to look for growth elsewhere.
Global shares steadied on Wednesday, after another selloff driven by nerves over AI valuations, although the mood was cautious ahead of what could be make-or-break earnings from chip titan Nvidia and U.
Nvidia is set to report its quarterly earnings after the closing bell Wednesday with investors fretting about lofty AI valuations.