• 2 months ago
Nvidia is poised for major earnings beats, according to Cantor Fitzgerald analyst CJ Muse. Nvidia forecasts several billion dollars from Blackwell in the January quarter, and Wall Street's estimate is approximately $4 billion. Muse expects Nvidia's January and April quarter revenues to surpass consensus estimates by approximately $1 billion each. Chief Executive Jensen Huang cites insane demand for Blackwell, fueling expectations for Nvidia's biggest product cycle. Nvidia stock rose 4% Tuesday, marking five consecutive days of gains.
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00:00It's Benzinga, and here's what's on the block.
00:03NVIDIA is poised for major earnings beats, according to Cantor Fitzgerald analyst C.J.
00:07Mewes.
00:08NVIDIA forecasts several billion dollars from Blackwell in the January quarter, and Wall
00:12Street's estimate is approximately $4 billion.
00:16Mewes expects NVIDIA's January and April quarter revenues to surpass consensus estimates
00:21by approximately $1 billion each.
00:23Chief Executive Officer Jensen Wang cites insane demand for Blackwell, fueling expectations
00:29for NVIDIA's biggest product cycle.
00:31NVIDIA stock rose 4 percent Tuesday, marking five consecutive days of gains.
00:35For all things money, visit Benzinga.com.

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