Focus shifts to Nvidia earnings due today, after the closing bell

Ipek Ozkardeskaya Swissquote Bank Ltd

Geopolitical tensions were on the headlines yesterday after Ukraine fired its first US missile to Russia after having received the green light from the White House following a two-year wait to do so. Gold and treasuries gained and crude oil jumped but remained short of testing the $70pb offers.

Today, sentiment is better and focus shifts to Nvidia earnings due today, after the closing bell.

The expectations are huge, the valuations are high as well. Nvidia could gain or lose around 8-10% in the aftermath of the earning and trigger a 1-2% rally or selloff in the S&P500.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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