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Nasdaq, S&P, Dow Futures Tread Cautiously With All Attention on Nvidia
Global Stock Indices Mixed Ahead of NVIDIA Results
NVDL, SOXL And Other Chip-Stock Tracking ETFs Trade Mixed Ahead Of Nvidia Earnings: Here's Why
Turbulence or celebration? The market will welcome "nvidia time" tomorrow morning!
It is widely expected in the market that Nvidia's Q2 revenue will double year-on-year. Morgan Stanley said that if Nvidia's revenue exceeds expectations, it may drive AI stocks to rise by 3-15%; otherwise, it may cause the market to collapse. However, what really affects the stock is whether the company can alleviate concerns about the delay of Blackwell.
With the heavyweight financial report coming, Nvidia's pre-market trading is slightly up, and European stocks are opening higher.
On Wednesday, after-market trading, Nvidia will release its Q2 financial report, which will affect the entire stock market. In pre-market trading, index futures are relatively stable, with Nvidia rising by 0.11%. Super Micro Computer fell by about 2% in pre-market trading after being targeted for short-selling.
S&P Edges Higher Ahead Of Nvidia Earnings: Investors Sentiment Improves
SpyderCall OP : Here is a link to the full transcript of the interview. There is quite a bit more info in the transcript than that was actually aired. Might be worth a look.
cbsnews.com/new...
SpyderCall OP : Powell did hint towards potential troubles in smaller banks. $Invesco Kbw Regional Banking Etf (KBWR.US)$ $Ishares Trust U.S. Regional Banks Etf (IAT.US)$ $iShares Russell 2000 ETF (IWM.US)$
MonkeyGee : The economy is not as good as they have portraited. Employment only reflects people who are on unemployment within 6 months. After 6 months, they are no longer included in that number, even if you are still unemployed. The stock market only looks health on the surface. The market is up mainly because of 7 stocks, majority of the stocks are still at 52 low or all time low.