Nvidia remains under close watch prior to its upcoming earnings report. The stock recently suffered an unusual seven-day losing streak, weighing on share prices. The stock dropped after those reports during four consecutive quarters, with Nvidia topping earnings expectations every single quarter.
Investors are currently watching Nvidia's dependence on hyperscalers for the latest quarterly release. They are also watching to see if Nvidia's fastest-growing business extends beyond chips. Ahead of the results, Dory Wiley described the shares as a promising investment.