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Chipmakers Hope for a Boost From Nvidia Earnings
Posted
November 18, 2024
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November 18, 2024
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4:49Now PlayingNvidia’s earnings, due on Wednesday, have quickly become a major event for markets, but the link between the firm’s fortunes and wider indexes is far from automatic. The stock, dubbed “the most important stock on planet earth” by Goldman Sachs’ trading desk in February, has risen almost 200% this year, and been responsible for about a quarter of the S&P 500’s total gains in 2024. Mandeep Singh of Bloomberg Intelligence digs into what we can expect from the report.
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