Analysts: Nvidia's strong earnings boost market confidence

Odaily Odaily reports that Sam Stovall, Chief Investment Strategist at CFRA Research, stated, "Nvidia just hit a home run. This will give investors a sigh of relief, as current and anticipated continued growth suggests that its valuation may not be as inflated as previously feared." David Trainer, CEO of investment research firm New Constructs, added, "This is exactly the kind of boost the market needs. However, I would like to remind everyone that all the positive news is already fully priced into the current share price." (Jinshi)