Nvidia earnings to be released soon, stocks in a holding pattern: Yahoo Finance

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Nvidia earnings to be released soon, stocks in a holding pattern: Yahoo Finance

US stocks (^GSPC, ^DJI, ^IXIC) are currently in a holding pattern as investors anticipate Nvidia’s first-quarter earnings for fiscal 2025. Nvidia’s stock holds significant weight in the S&P 500, so any major changes in its price could have a large impact on the index. Investors are not only interested in the financial results but also in CEO Jensen Huang’s comments on the demand for the company’s AI chips. Meanwhile, Bitcoin and Ethereum have experienced gains as potential new ETFs are pending SEC approval.

Yahoo Finance trend tickers include Target, Moderna, and Lululemon. Top guests scheduled for the day include Danielle Hale, chief economist at Realtor.com; Chris Marangi, CO-CIO of Gabelli Funds; Rishi Jaluria, software equity analyst at RBC Capital Markets; Frederick Havemeyer, head of US software and AI research at Macquarie; and Lou Basenese, president of Public Ventures and chief market strategist.

The market is eagerly waiting for Nvidia’s earnings report, which is expected to have a significant impact on the S&P 500. Additionally, the potential approval of new ETFs for Bitcoin and Ethereum has driven their prices up. The day’s top guests feature experts from various sectors providing insights on market trends and potential investment opportunities. This mix of developments and expert opinions will likely shape investor sentiment and trading activity in the coming days.

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https://finance.yahoo.com/video/nvidia-earnings-tap-stocks-wait-172652104.html