eli5: Why are so many people on edge about today’s Nvidia earnings call?
In: Economics
The stock price has increased dramatically in the past year, based on strong earnings, and they’re wondering how long that trend can continue.
TL;DR: Money
The current uptrend in US stock market is mostly because of the so called magnificent seven. Nvidia is one of them and a disappointing earnings call from them could theoretically signal a downtrend for the entire market.
Probably not, but if you are a worrier, then this is one of the things you would worry about.
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