Nvidia faces market attention ahead of its upcoming earnings report. The stock lately experienced an unusual seven-day losing streak, weighing on share prices. The stock declined after those reports during four consecutive quarters, despite Nvidia beating earnings expectations each time.
Investors are now tracking Nvidia's dependence on hyperscalers in the upcoming earnings report. They are also trying to determine whether Nvidia's fastest-growing business is something other than chips. Ahead of the results, Dory Wiley described the shares as a good buy.