Impact of Nvidia's Earnings on ETFs and Market

Reported about 1 month ago

As Nvidia's (NVDA) earnings approach, traders expect a significant impact on the stock, which could fluctuate nearly 10%, influencing major indices and several hundred ETFs with notable exposure to the tech giant. BNY Mellon's Ben Slavin emphasizes the importance of understanding ETF weightings, especially amid risks tied to concentration in key tech stocks like Nvidia. This scenario highlights the differences in performance between actively managed and passive ETFs, as investors reassess their strategies.

Source: YAHOO

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