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NVDA blows out earnings, trades at all-time highs🚀

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Thu, Aug 24, 2023 01:41 PM

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Plus see these other big movers

Plus see these other big movers                                                                                                                                                                                                                                                                                                                                                                                                                 August 24, 2023 | [Read Online]( Good day, 360 – Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street! GES - Up over 15% in pre-market after big earnings beat and increased full year guidance SPLK - Up over 13% in pre after beating on top and bottom line earnings and increasing full-year guidance NVDA - Trades up over 7% in pre-market after crushing earnings estimates and increasing forward guidance Calling All Small Accounts! Jason’s NEW $2,000 Journey: Unbelievable. But Believe It! Two Trades, Nearly DOUBLED. Jason’s Goal Is $100,000. He’s Not Promising Results & Losses Happen. But Jason Has Brand NEW Trades to Learn from Lined Up. Now’s YOUR Chance To Join & Improve Your Trading! [Small Account Journey → Limited Time Deal.]( Questions? Email davis@ragingbull.com. BONUS! Rare Complimentary Training Today. That’s Thursday, August 24, At 1PM ET. [Follow This Link!]( GES - Up over 15% in pre-market after big earnings beat and increased full year guidance Guess?, Inc (GES) designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women and children. Yesterday, [the company reported Q2 EPS]( of $0.72 vs $0.39 expected. Revenue for Q2 was $665 million vs the $638.51 million expected. GES guided full year 2024 EPS of $2.88-$3.08, vs $2.78 expected. The earnings beat is in stark contrast to other retailers that have been disappointing such as NIke (NKE) and Footlocker (FL) which missed earnings badly and gapped down. GES is trading up over 15% this morning after the earnings report. The $22 area has acted as resistance so far in the pre-market. Above it the first target for bulls is the after-hours high of $22.35. Beyond that, $22.80, $23, $24 and $25 come into play. Below $22, there is potential support at $21, $20.50, $20, $19, with a gap to fill at $18.31. SPLK - Up over 13% in pre after beating on top and bottom line earnings and increasing full-year guidance Splunk Inc. (SPLK) together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements. Yesterday [the company reported]( Q2 EPS of $0.71 vs $0.46 estimate. Q2 Sales were $911 million vs $889.23 million expected. SPLK guided Q3 2024 revenue of $1.02-$1.035 bullions vs $0.981 billion expected. Full year 2024 revenue was guided at $3.925-$3.95 bullion vs $3.9 billion consensus. The stock is up 13% this morning post the earnings report. The $111.75 area was resistance in the after-hours and now becomes a potential support level. Above it, the first target for bulls is the pre-market high at $114.67. Beyond that, $116, $120 and $124 come into play. Below $111.75, there is potential support at $110.50, $110, $109, $108 and $107, with a gap to fill at $99.93. NVDA - Trades up over 7% in pre-market after crushing earnings estimates and increasing forward guidance NVIDIA Corporation (NVDA) provides graphics, and compute and networking solutions in the United States and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements and autonomous vehicle solutions. The company is the leader in providing Graphics chips used in Generative AI and has started an AI rush with the success of Chat GPT. In the after-hours [NVDA reported Q2 EPS]( of $2.70 vs $2.07 expected. Revenue for Q2 was $13.51 billion vs $11.13 billion expected. NVDA guided Q3 2024 revenue of $16 billion vs the consensus of $12.61 billion expected. The company also projected a bright future for AI. “A new computing era has begun,” said founder and CEO Jensen Huang. “Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI.” The stock is up over 7% in pre-market trade after making new all-time highs in the after-hours. The $513 level has been an area of resistance in the after-hours and pre-market. Above it, the first major target for bulls is the after-market high at $520. Beyond that, there is blue sky and potential targets include round numbers such as $530, $540, $550 and $560 with $600 also in play in the coming days. Below $513, there is potential support at $506, $502, $500, $496.50, $480 with a gap to fill at $471.16. [Economic Calendar]( To Your Success! Please see disclosures below.  Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull  DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [( FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. [RagingBull.com](, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. e [tw]( Update your email preferences or unsubscribe [here]( © 360wallstreet 62 Calef Hwy. #233 Lee, NH 03861, United States

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