It's Nvidia Day: Watch the biggest company on earth report earning live at the bell
13:00 Nvidia needs more than another beat as Wall Street raises the bar ahead of earnings Nvidia (NASDAQ: NVDA) heads into Wednesdays after-hours report with a problem most companies would happily take: it has performed so well that simply delivering another strong quarter is no longer enough. Despite clearing or beating Wall Street‘s key markers of earnings, sales, and guidance for the past four quarters in a row, shares of the world’s biggest company ended down the next day after each report. The one and only weakness of this run was the second quarter from last year, where Nvidias forecast met the consensus estimates rather than topping them. That pattern of results has changed how analysts perceive the forecasts of the firm. To put it simply, a positive-looking estimate can fall short despite being favorable if Wall Street believes the actual number will be even better in the end. That task is even harder to perform because Nvidia is responsible for a large portion of the AI investment boom all over the globe right now. The firm is not only the leading provider of the needed hardware but plays an increasing financial role in the whole ecosystem as well. For the second quarter, analysts tracked by FactSet









