NVidia's Earnings Report: A Closer Look at the World's Most Valuable Stock Today | LiveNOW

well one of the most anticipating earnings will be happening later today we're talking about Nvidia the chip maker who has absolutely been on fire the last couple of years and now we will see what is in store for the future of AI and this BigTime chip maker so we want to bring in our next guest here it is Fox business's Lauren Simonetti joining us here on live now and Lauren uh when I saw this on the calendar a couple of weeks ago I said hey we need to get Lauren on from Fox Business to really break this down because uh yeah this is a big one Dan IES of W bush security says it's a drop the mic moment for AI the AI Revolution for big Tech and for the entire stock market what it's one company reporting how they did in 3 months that's Nvidia but it is the Godfather of the artificial intelligence Revolution it is 6% of the S&P 500 that packs a huge waiting and quarter after quarter this company which sells high-end chips that every big company and then some small companies use for their AI dreams and goals and Ambitions they sell those chips that power all of this so what they say matters in quarter of to quarter they've increased their sales by triple double so expecting more of the same but when the bar is so high sometimes that's when there's a problem right like maybe they'll grow their their sales by 75% which for any other company to do would be amazing but if it's not like doubling if it's not 100 plus perc yeah Wall Street will be disappointed yeah and Lauren I want to talk about that because you bring up such a good point there about really the pressure to perform and really outperform what Wall Street is thinking here because if it doesn't even uh come if if it only meets the expectations there we'll see it drop down I mean it needs to continue to outperform to get this thing to spike I'll give you real numbers so almost 29 billion is the revenue expected for the past three quarters they have to hit 28 29 billion and then for this current quarter which is the the future um because it it it includes the next couple of months they need to hit 3 1 billion if they guide lower than those numbers you got a problem also Blackwell that's their newest chip there are rumors that there was uh an issue with the production of it um the CEO Jensen Wong needs to come out on the call and say no no nope th Blackwell is fine these are the orders that we have for it it's hitting the market on this state and you know maybe they'll give us pricing for it $30,000 a chip $40,000 a chip uh give us some clarity into order flow for the future of your company and confirm that there was a problem and it's fixed or whatever the situation is so that's something that definitely needs to happen tonight for the past three months and how it looks going forward Wall Street is always very forward-looking one other thing the options Market is implying a 10% move up or down after Nvidia reports that is $310 billion in Market value that's like the size of Netflix that's how much it could gain or lose based on what happens that's why this is such a big moment today leading into this leading into the Calm before the storm if you will the stock is down pretty sharply um it could be some nervousness that maybe it's not going to be the best report card or could be the fact that uh a company called super micro which is the third largest customer of Nvidia it's losing a quarter of losing 25% today quarter over its value after losing a lot yesterday too a short seller called Hindenberg research came out and said uhoh we're shorting your company we're shorting your stock we think there's some accounting problems and now today the company confirmed that they're delaying their annual report because they're looking into those internal controls around financial reporting they're tied to Nvidia so there's this overall um nervousness I guess about what exactly is going on but we'll get the numbers in a couple of hours officially from the horse's mouth Jensen won and Nvidia yeah we so will and Lauren has when's the last time do you remember a company there when the you're talking about earnings preview getting so much anticipation where it it is coming up close to like getting to the anticipation of jobs numbers and other big reports here we're talking about one company having this big appeal to a broader Market Apple Apple and the Steve Jobs days when they had the newest gadgets that everybody couldn't wait to get and would line up for blocks and blocks um to get their hands on right and what is Apple doing now they're trying to do Apple intelligence their version of artificial intelligence and that will be um launched on the iPhone 16 when that launches in a couple of days from now the update comes after the 16 launch but nonetheless that's what they're getting into what is the building blocks of Apple intelligence and artificial intelligence Nvidia in video holds the keys and that's why everybody is just so excited about this Main Event oh yeah that's it sorry I was thinking something else and I'm I'm not going to go there yeah we will definitely be waiting for the moment there when the bell rings and see just uh what happens here with the numbers with Nvidia and then also guidance right guidance is huge on Wall Street and we'll see just where they want to take it and where it's going one final thing if I if I can get this in um JP Morgan came out with a report and it basically says that institutional investors are trimming their exposure they're cutting their exposure to Nvidia and the rest of what's called The Magnificent 7 so the six other stocks and the big Tech names they've trimmed their exposure in the second quarter and the third quarter the current quarter so it seems like the big guys have made some money they're thinking okay maybe it's time to for some profit taking or just to kind of take some money off the table but the retail Traders are very much into this and that's where the excitement is uh so there's definitely a bifurcation between the big guys and the small guys institutional and Retail right now they're kind of separating themselves and what they think yeah there it is that's the story how it'll play out we'll see what happens there Lauren Simonetti thanks so much for joining us it's always great to speak with you on the big preview for later today with n video we appreciate it