Skip to Content

Wall Street’s next big test is looming with Nvidia’s profit report

KTVZ - NewsChannel 21

AP Business Writer

NEW YORK (AP) — Nvidia’s upcoming profit report on Wednesday carries big potential repercussions for the market. As one of the biggest companies in the stock market, its movements carry extra weight on the S&P 500 and other indexes. It was one of the main reasons the S&P 500 rallied to dozens of records earlier this year, and it was a major reason it tumbled so scarily over a couple weeks during the summer. After some other highly influential Big Tech stocks offered underwhelming profit reports earlier this reporting season, Nvidia will enter the spotlight to see if its stellar growth can satisfy investors’ big expectations.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content