Traders Anticipate an 8% Stock Surge as Nvidia Prepares to Release Earnings Report

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Investors in Nvidia are bracing‌ for significant fluctuations in the stock following the company’s earnings announcement.

According to options data analyzed by Bloomberg, traders are anticipating a potential $300 billion swing, equivalent to 8%⁢ of the market value.

The focus ‌will be on Nvidia’s future guidance regarding ‍Blackwell, its upcoming AI ⁣chip.

Anticipation is high among‌ investors ‌as Nvidia prepares to reveal its Q3 earnings report, with an expected 8% fluctuation in stock value post-results based‍ on Bloomberg data analysis.

This ‌projected swing could lead to a $300 billion increase or⁣ decrease⁤ in market capitalization. As of Tuesday morning at 10:30 a.m., ⁣the ⁢total ‍market cap stood at $3.5 trillion.

Nvidia, set to announce earnings after markets close, saw a‌ 1.8% decline on Tuesday morning. Traders are closely monitoring the situation as ⁢the‍ tech giant trades near all-time highs with little margin for error.

Investors are ‌eagerly awaiting the ⁤firm’s revenue report of $33 billion…

2024-11-20 23:38:05
Original from finance.yahoo.com