Investors and speculators are gearing up forNvidia Corp.'s (NASDAQ:NVDA) earnings report on Wednesday, an event that's expected to send ripples, if not tidal waves, across the U.S. stock market.
If the options market is right, Nvidia's results could spark moves in the S&P 500 index – as tracked by theSPDR S&P 500 ETFTrust(NYSE:SPY) – larger than those typically triggered by key economic data like the employment and inflation reports.
Nvidia's dominance in the AI-driven technology trade has turned its earnings into a barometer for overall market sentiment, and its influence...
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