How Nvidia's Q1 earnings could affect the market

The company has a market cap of around $2.3 trillion, making up 5.05% of the S&P 500, 10.2% of the Nasdaq 100, and 20.8% of the VanEck Semiconductor ETF . It is the largest contributor to earnings growth for the tech sector, and Wall Street is expecting a 9% move in the stock after the earnings call.Our top story today, the headliner of this earnings season set to report after the closing Bell, NVIDIA taking center stage and expectations on Wall Street sky high folks.

Let's take a look at what those expectations are because earnings growth with NVIDIA, that would be right around 23.5% nearly 24 per percent.Now, compare that to the earnings growth that we would see without NVIDIA and that would be just under 11% here. Yeah, I was looking at that stock price, as many of our viewers were as well as we had that blown up on the screen $953 right now per share for NVIDIA.And we were discussing that very matter actually with David Wagner from Actis on wealth a few days ago.

So all that considered it is really gonna come to where this forward and demand growth continues to get a lot of investors to see that realization of some of the new forward pe that has been on the move there there.So ultimately, that's going to be one of the things I'm keeping a close tab on here.

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