Nvidia stock was rising early Tuesday, as the chip maker looks to set to open at what would be a new all-time high ahead of its coming earnings report. Nvidia shares were up 0.5% at $952.30 in premarket trading. Nvidia has generally been boosted by an earnings season where large technology companies reaffirmed their commitment to spending billions on artificial intelligence infrastructure. Read More...
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia’s options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
Reuters•
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