NVIDIA Climbs to 4th on WSB Rankings as Shares Surge Amidst Record-Breaking Revenue

NVIDIA has risen to the 4th position in the latest WSB rankings, gaining one spot from the previous day. This upward movement is mirrored in the stock market as NVIDIA shares have continued their rally, increasing by 4.07% in the most recent session, marking a four-day streak which totals a 9.68% gain. The shares reached a peak not seen since June 2024.

In recent financial disclosures, NVIDIA reported its 2025 fiscal year second quarter revenue surpassing $300 billion for the first time, bringing in $300.4 billion with a net profit exceeding $160 billion. This remarkable year-over-year growth has kept market attention on NVIDIA's upcoming third-quarter performance, despite other tech giants like Apple and Intel having released their financial updates.

NVIDIA plans to release its third-quarter earnings report on November 20. In its second-quarter report, the company set revenue expectations for the next quarter at $325 billion, with a gross margin between 74.4% and 75%, allowing a 0.5 percentage point leeway. Analysts have already started forecasting NVIDIA’s third-quarter results, with expectations set for a diluted EPS of $0.69, an 81.6% increase from the previous year.

The anticipated rise points to significant growth potential, reaffirmed by NVIDIA's previous quarter achievements where they reported a net income of $165.99 billion. As the earnings release date approaches, the market is poised for NVIDIA to possibly exceed these expectations once again.

Moreover, NVIDIA has been catching headlines with its scheduled replacement of Intel in the Dow Jones Industrial Average, effective November 8, 2024. This shift emphasizes NVIDIA's leadership in AI and high-performance computing, underscoring the sector's growing significance within the broader market landscape.

As anticipation builds for the upcoming earnings release in November, industry analysts remain optimistic about NVIDIA’s ability to continue its impressive financial trajectory, driven by demand in AI and data center technologies.