[DEVELOPING] Nvidia rises 2.56% to $211.94 in a fourth straight up day ahead of its August 26 print
Nvidia closed August 4 at $211.94, up 2.56% from $206.64 and a fourth consecutive advance, with publishers framing AI demand as outweighing concerns about the company's financing ties to its own customers. Q2 FY2027 results are due August 26 against roughly $91B of expected revenue, following Q1 revenue of $81.6B with data centre at 92% of the total; separately China is reported to be permitting domestic AI firms to buy limited volumes of H200 chips, approving less than half the amounts requested. For the year to date Nvidia is up about 2% against roughly 7% for the S&P 500. Desk context: the desk carried a sell signal on Nvidia for 22 sessions on that relative underperformance, and demoted it to watch today because the momentum surface no longer corroborates.