NVIDIA to report Q2 earnings tonight, Goldman Sachs says its stock market capitalization may fluctuate sharply by as much as $298 billion
NVIDIA is set to report second-quarter earnings tonight, and Goldman Sachs' trading arm said in a report that its stock market capitalization could fluctuate as much as $298 billion after the company reports earnings, an estimate based on recent option pricing data.
According to Goldman, if the company is able to report a solid growth quarter and give stronger forward guidance, it could surprise the stock market and cause the shares to move sharply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
James Wynn's Ethereum Long Position Partially Liquidated
If Ethereum Falls Below $4,000, Total Long Liquidations on Major CEXs Will Reach $1.223 Billion
BTC falls below $113,000
Trending news
MoreCrypto prices
More
