Nvidia (NASDAQ: NVDA) is set to release its fiscal 2022 fourth-quarter results (year ended Jan. 31) after the market closes on Feb. 16, and investors will be looking for a solid showing that could help shares of the tech giant regain its mojo after a terrible start to 2022. Nvidia stock is down 19% so far this year due to a variety of factors ranging from the broader sell-off in tech stocks on account of a hawkish Federal Reserve, surging inflation, and the collapse of the Arm Limited deal that cost the chipmaker $1.3 billion. One of the biggest reasons investors may consider selling Nvidia stock is the company's valuation. Read More...
Barrons.com
Oil Prices Steady Near 7-Year Highs on Concerns Over War in Ukraine
Oil prices were broadly stable Monday after rising by nearly 2% last week to seven-year highs, with concerns about tensions in Ukraine now at the top of traders’ minds. Brent crude, the international benchmark, was stable at $94.40 a barrel with West Texas intermediate, the U.S. equivalent, up 0.1% to $93.20 a barrel. With the U.S. ordering its diplomats to leave Kyiv, the Ukrainian capital, and some 130,000 Russian troops massed on three sides of Ukraine, indications from U.S. and U.K government sources that a Russian attack might be imminent have rattled markets the last several days.
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