Stock Market Today: NVIDIA Shares Rise Ahead of Earnings
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American chip giant Nvidia ($NVDA) is set to release its third-quarter fiscal 2026 results after the market closes on Wednesday, November 19.
Nvidia stock is set to deliver strong returns for the third consecutive year. It should continue its rally into 2026 as well, though the intensity might not be as fierce as we have seen since 2023.
The daily timeframe chart shows that the NVIDIA stock price has been in a strong uptrend in the past few years. It recently crossed the important resistance level at $200, bringing its market capitalization to over $5 trillion.
Instead, they must focus on the future to make their best estimation about whether the stock is worth buying now or not. Another 1,500% rise over the next five years isn't in the cards, but could Nvidia at least double and crush the market?
The price call is a bet that Blackwell and Rubin pipelines keep revenue climbing, even as competition tightens.
The market focus is on Nvidia. On Wednesday, after the market closes, the clear leader of the artificial intelligence semiconductor revolution will report earnings for its October 2025-ending quarter.
Adria Cimino has positions in Amazon and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.