<Fundamentals>
Nvidia (NVDA) posted a record-breaking 3Q performance, with revenue surging 62% YoY to 57 bln USD. Its 4Q guidance points to another 65% increase, reinforcing optimism that growth momentum will continue to accelerate. CFO Kress noted that the guidance does not include any contribution from China sales, while CEO Huang pushed back against recent AI-bubble concerns raised by Michael Burry.
Nevertheless, AI valuation risks remain elevated. Beyond strong earnings, the scale of AI infrastructure spending and the surge in bond issuance required to fund it continue to dampen investor sentiment.
Goldman Sachs (GS) has warned about the fragility in the private credit market. The firm highlighted that Blue Owl Capital, with more than 295 bln USD in AUM, over half of which is credit-exposed, has seen its share price fall nearly 30% since Sep. Major credit-heavy players such as KKR and Blackstone are also showing signs of pressure, underscoring how AI-driven anxiety is spilling into private credit.
<Technicals>
NVDA briefly breached above the psychological level at 195.00 but surrendered all gains, falling back below 182.00. The price remains under the death-crossed EMAs, indicating a potential expansion of the bearish bias.
If NVDA breaks below the support at 173.00, the price could decline further toward the following support at 164.50.
Conversely, if NVDA breaches above the resistance at 182.50 and the ascending trendline, the price may advance toward the subsequent resistance at 190.00.
Nvidia (NVDA) posted a record-breaking 3Q performance, with revenue surging 62% YoY to 57 bln USD. Its 4Q guidance points to another 65% increase, reinforcing optimism that growth momentum will continue to accelerate. CFO Kress noted that the guidance does not include any contribution from China sales, while CEO Huang pushed back against recent AI-bubble concerns raised by Michael Burry.
Nevertheless, AI valuation risks remain elevated. Beyond strong earnings, the scale of AI infrastructure spending and the surge in bond issuance required to fund it continue to dampen investor sentiment.
Goldman Sachs (GS) has warned about the fragility in the private credit market. The firm highlighted that Blue Owl Capital, with more than 295 bln USD in AUM, over half of which is credit-exposed, has seen its share price fall nearly 30% since Sep. Major credit-heavy players such as KKR and Blackstone are also showing signs of pressure, underscoring how AI-driven anxiety is spilling into private credit.
<Technicals>
NVDA briefly breached above the psychological level at 195.00 but surrendered all gains, falling back below 182.00. The price remains under the death-crossed EMAs, indicating a potential expansion of the bearish bias.
If NVDA breaks below the support at 173.00, the price could decline further toward the following support at 164.50.
Conversely, if NVDA breaches above the resistance at 182.50 and the ascending trendline, the price may advance toward the subsequent resistance at 190.00.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.