Australian shares are poised to fall. Wall Street was lower as traders and investors held their breath ahead of Nvidia’s quarterly results set for release after the closing bell.
Nvidia reported revenue for the second quarter of $US30.0 billion, up 15 per cent from the previous quarter and up 122 per cent from a year ago. It said it expects third-quarter revenue to be $US32.5 billion, plus or minus 2 per cent. Shares of the company were lower in after-hours trade as some investors had hoped for a higher forecast.