NVDA Earnings Preview
NVDA reports Tues. night (7% implied move)
Where we’re at:
Stock just broke out to 52k highs with a rally straight up from $400. The previous high was where the stock peaked after last quarter as some peak EPS fears began to circulate. Recall: last quarter they beat revs by ~15% above buyside bogeys ($13.5B vs $11.7B) and guided similarly above the bu…