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Nvidia’s first-quarter earnings results this week could move the whole stock market.
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Its soaring revenue and profits have driven the bulk of the S&P 500’s earnings growth over the past year.
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Bank of America shared how investors can hedge against the risk of Nvidia’s earnings swinging the broader market.
All eyes are on Nvidia this week as the company gears up to report its first-quarter results after the closing bell on Wednesday.
The chip maker’s earnings report could drive a big move in the stock market, both to the upside or downside, depending on how the results shake out.
Current options pricing implies Nvidia will jump or fall 8.5% after its earnings results, which is markedly lower than prior Nvidia earnings releases when…
