Why AI Stocks Meta Platforms, CrowdStrike, and Broadcom Are Rebounding Today

After struggling over the past week, large artificial intelligence stocks are in the green today, ahead of Nvidia's earnings report, which is due out after the market closes. Given the importance of Nvidia to the entire AI trade, the company's earnings results, guidance, and comments on broader AI trends have the potential to influence the entire sector and perhaps the broader market as well.Shares of Meta Platforms (NASDAQ: META) traded 3.5% higher as of 12:52 p.m. ET today. Shares of CrowdStrike (NASDAQ: CRWD) and Broadcom (NASDAQ: AVGO) both traded 5% higher at that time.Without question, investors are turning their attention to AI chip king Nvidia and the company's release of its fiscal year fourth-quarter and full-year earnings results after the market closes. Wall Street analysts on average project earnings per share of $0.85 and quarterly revenue to have grown 72% year over year to $38.1 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool