Earnings from AI-heavyweight Nvidia to test U.S. stocks’ record run

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 54 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 189%
  • Publisher: 92%

Canadian News Notícia

Canada News,Breaking News Video,Canadian Breaking News

Its growing weighting in indexes and exchange-traded funds has given its share price moves an outsized influence

) on Wednesday are set to provide the latest test for a U.S. stock market rally that has taken indexes to record highs this year.

At the same time, Nvidia’s growing weighting in indexes and exchange-traded funds has given its share price moves an outsized influence over broader markets. The stock now has a weighting of over 5% in the S&P 500, while accounting for 6.5% of the Nasdaq 100 and 20% of the VanEck Semiconductor ETF ( Nvidia’s presence in AI means “what they report can have a pretty significant bearing on a perception of the major investment theme that’s out there right now,” said Chuck Carlson, chief executive officer at Horizon Investment Services. AI is “touching every single area, and the nexus of all that is Nvidia,” he said.

Nvidia, by contrast, was recently about 2% from its all-time intraday high ahead of its report. The company’s quarterly revenue is expected to roughly triple to $24.6 billion, according to LSEG. To be sure, Nvidia’s surging share price means the company must meet a high bar to support its stock. For example, some investors may be looking for the company to report particularly powerful revenue and project it to be robust going forward.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Why Nvidia's earnings may not move the stock muchNvidia reports its fiscal 2025 first quarter results on Wednesday, May 22, after the market close.  Aptus Capital Advisors Portfolio Manager David...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq slips after record as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Stocks steady as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq, S&P pop to records as Wall Street waits for Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Analysis-Earnings from AI-heavyweight Nvidia to test US stocks’ record runEarnings from semiconductor bellwether Nvidia on Wednesday are set to provide the latest test for a U.S. stock market rally that has taken indexes to record ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Nvidia earnings, FOMC minutes, housing data: What to watchYahoo Finance's Julie Hyman and Josh Lipton break down what to watch on Wednesday, May 22. Several companies are set to report their earnings, with Nvidia...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »