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   BrianKrebs (briankrebs@infosec.exchange)'s status on Thursday, 21-Nov-2024 00:30:49 JST BrianKrebs

   NVIDIA has been almost singlehandedly propping up tech stocks, and their stock price rose more than 4 percent yesterday ahead of today's earnings release. Wall St. seems to be using NVIDIA stock price as a barometer of ROI on all the AI investments. Guess we'll see.

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     BrianKrebs (briankrebs@infosec.exchange)'s status on Thursday, 21-Nov-2024 00:30:48 JST BrianKrebs

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     To put the value of NVIDIA's stock price in perspective, its price is expected to swing at least 8 percent (one way or the other) in response to today's earnings release. Bloomberg writes: "That would equate to close to a $300 billion swing in market value — bigger than all but 25 companies in the S&P 500 Index. And according to strategists at Bank of America, the report carries more risk for the benchmark than the next Federal Reserve meeting or inflation data."

     GreenSkyOverMe (Monika) repeated this.
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     Kevin Beaumont (gossithedog@cyberplace.social)'s status on Thursday, 21-Nov-2024 00:30:48 JST Kevin Beaumont

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     @briankrebs lol, jesus wept