Nvidia earnings are more important to the market than the Fed and jobs data, according to options market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Investment Strategy Noticias

Stock Markets,NVIDIA Corp,Earnings

The AI chipmaker is set to release results Wednesday after the market close, returning to the spotlight after a lengthy focus on the macroeconomic backdrop.

Nvidia earnings results this week are more important to the stock market than the Federal Reserve or even jobs data, according to the options market. The AI chipmaker is set to release results Wednesday after the stock market closes, moving back into the spotlight on Wall Street following a lengthy focus on the U.S. presidential election and the Federal Reserve's interest rate outlook.

mountain Nvidia The options market shows an implied move of 8% for Nvidia, according to Barclays. That's lower than the two-year average of 9.3%, but greater than the 6.4% realized move following last quarter's financial results. For investors, how Nvidia moves could determine what's next for a market that's been flagging lately following the postelection rally, according to Bank of America Securities' Asis.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

US stock futures mixed; Nvidia earnings, PMI data, Fed speakers in focusranonsUS stock futures mixed; Nvidia earnings, PMI data, Fed speakers in focusranons
Fuente: Investingcom - 🏆 450. / 53 Leer más »