Reported 29 days ago
Nvidia's stock is experiencing volatility as it attempts to recover from recent losses, significantly affecting major market averages. According to Citigroup's Scott Chronert, although Nvidia is poised for 40% earnings growth by 2025, its influence on the S&P 500 is expected to decline. He notes a pattern of diminishing upside from Nvidia's guidance, suggesting its vital role in market direction will persist but with reduced contributions to overall index performance.
Source: YAHOO