Nvidia (NVDA) Hits New High & Marvell (MRVL) Earnings Preview

Nvidia (NVDA) beat earnings yesterday, postmarket. Its adjusted EPS came in at $2.70 versus an estimated $2.09 and revenue came in at $13.51B versus an estimated $11.17B. NVDA's revenue growth came in at 101.5%, gross margin at 70.1%, and operating margin at 50.3%. CFRA raised NVDA's price target to $600 from $500 and keeps its buy rating. NVDA hit a new all-time high today and is up over 230% year-to-date. Angelo Zino discusses NVDA along with Marvell (MRVL). MRVL reports earnings this afternoon. Its 2Q adjusted EPS is estimated at $0.32 and revenue is estimated at $1.33B. Tom White then joins to demonstrate example trades using NVDA and MRVL. Tune in to find out more about the stock market today.