Nvidia faces market attention ahead of its upcoming earnings report. The stock recently suffered an unusual seven-day losing streak, weighing on share prices. The stock fell 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 whether Nvidia's fastest-growing business extends beyond chips. Ahead of the results, Dory Wiley called the stock a good buy.