Nvidia Earnings Report Poised to Shake Markets Amid AI Dominance
Nvidia's upcoming earnings report carries outsized weight for global markets. The AI chipmaker now represents 8% of the S&P 500—surpassing even Microsoft—with $4.4 trillion in market value tied to its performance. Options traders anticipate the biggest single-day MOVE in over a year, potentially swinging the index by 0.8%.
The company has become the bellwether for AI investment sentiment. Last week's tech rally stall reflects growing valuation concerns, putting Nvidia's results under a microscope. Its performance could validate or undermine the trillion-dollar AI trade thesis that's driven recent market gains.