Reported about 2 months ago
Wall Street anticipates significant movement in US stocks as Nvidia approaches its latest earnings report on August 28. Options trading indicates that Nvidia's stock could swing by 9.9%, impacting nearly $300 billion of its market cap. Analysts suggest a close correlation between Nvidia's performance and broader market reactions, forecasting a potential 1.2% shift in the S&P 500. The outcome could determine investor sentiment across the tech sector and influence stock strategies moving forward.
Source: YAHOO