Nvidia Results Could Usher In New Bullish Phase for Stock -- Market Talk
Dow Jones2026/08/27 08:580857 GMT - Nvidia delivered a stunning set of second-quarter results and strong revenue guidance that could bring in a new bullish phase for its share price, Kathleen Brooks, research director at XTB, writes in a note. Second-quarter revenue and net profit more than doubled to $96.22 billion and $59.69 billion, respectively. Nvidia shares gained more than 4% Wednesday post-market and are up 7.8% at $226.02 Thursday premarket. "Nvidia's share price has fallen after the last four earnings reports. However, if the pre-market rally continues into Thursday, this would suggest that the cycle has been broken, and we could embark on a new bullish phase for Nvidia's share price," Brooks says. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
August 27, 2026 04:58 ET (08:58 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sesa shareholders approve EUR 1.33-per-share dividend at annual meeting
RBC 2026 Q3 Pillar 3 report shows CET1 ratio steady at 13.5%
SK Telecom secures KRW 3.08 trillion KKR, IMM investment for AI data center spinoff SK Horizon
Crypto prices
More
