Why Nvidia’s results will be a “key” test for the AI trade.
The next big event for the market is the chip darling’s earnings report , set for after the bell Wednesday.
“Nvidia is the heart and lungs of this bullish tech trade as the AI Revolution takes hold,” Ives told Yahoo Finance. “Nvidia is a bellwether of the Magnificent Seven and AI trade,” Shmulik explained. “If there is any softness, maybe rotation out of the Mag 7 picks up a little bit of steam, but listening to other tech earnings, core fundamentals keep delivering.”
SATURDAY AM: Refresh for updates Blame the lack of want-to-see fare as well as kids returning to school, but this penultimate weekend of summer is coming in at $93.4M for all movies, -33% from last weekend. That’s the third lowest weekend of this summer after the first weekend of June/post Memorial Day frame and …Study of ‘sustainable’ Romani Gypsy lifestyle given £811k of taxpayer funds
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