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Nvidia’s Earnings Report Could Trigger $260B Market Swing, With AI Sector Implications
Nvidia’s Earnings Report Could Trigger $260B Market Swing, With AI Sector Implications
22
2
BTCCSquare news:
Nvidia's upcoming Q2 earnings report has options traders anticipating a seismic $260 billion shift in market value. The chipmaker's shares could swing roughly 6% in either direction following Wednesday's results, according to options market data. Last quarter's performance set high expectations—Nvidia surpassed revenue forecasts by 1.8%, posting $44.06 billion with 69.2% year-on-year growth.
The Ripple effects may extend beyond Nvidia itself. "A strong beat could reignite speculative AI plays that have recently retreated," noted Chris Murphy of Susquehanna. Nvidia's Blackwell-powered Jetson Thor developer kit launch has already provided additional momentum, keeping the stock near all-time highs ahead of earnings.
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