Reported 5 months ago
Nvidia's upcoming earnings report is set to test the U.S. stock market's record run, with its shares up 90% this year and now ranking as the third-largest U.S. company by market value. Nvidia's performance is seen as a barometer for the AI industry, impacting broader markets due to its chips being the gold standard in AI. The company's strong results could influence the stock prices of AI-related companies, with options markets implying an 8.6% share price move in either direction. Investors are looking for Nvidia to meet high expectations in its earnings report, which could have a significant impact on market sentiment and valuations.
Source: YAHOO