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Nvidia Leads Magnificent Seven with Premarket Surge Ahead of Earnings
Nvidia Leads Magnificent Seven with Premarket Surge Ahead of Earnings
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Nvidia shares climbed as much as 2.9% in premarket trading, outpacing its Magnificent Seven peers. The AI chipmaker’s bullish momentum comes ahead of Wednesday’s earnings report, where analysts expect updates on AI infrastructure spending.
Technical patterns suggest a potential uptrend continuation, with the stock rallying 52% from April lows. Key resistance levels loom at $143 and $150, while $121 and $115 provide support floors. Market Optimism stems from trade deal progress and sustained AI investment forecasts.
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