'Flawless': Wall Street analysts cheer Nvidia's latest blowout earnings report [Yahoo! Finance Canada]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance Canada
And analysts across the Street were quick to praise the results, which showed the world's largest public company continuing to benefit from the AI boom. Wedbush's Dan Ives, one of Nvidia's biggest fans on Wall Street, said the company's fiscal third quarter earnings reported after the bell Wednesday were "flawless" and “should be framed and hung in the Louvre” in a note to investors Thursday. Ives, with his typical flair, also frequently refers to Nvidia CEO Jensen Huang as the “Godfather of AI” and the company's latest Blackwell AI chip as the “LeBron” of semiconductors. "We believe the path to $4 trillion market cap and beyond is now laid out by Nvidia and this is bullish for the broader tech rally into year-end and 2025," Ives wrote elsewhere in his report. Nvidia's financial results for the quarter ended Oct. 27 topped expectations across the board And while other analysts didn't go so far as to recommend Nvidia's print as worthy of a fine art exhibition, analysts at in
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