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0 5.63174048940913E-05 0.00147129220285539 0.00287218764959322 0.00602596232365625 0.00909526089037822 0.00349167910342694 0.00349167910342694
Stock impact report

S&P 500, Nasdaq move higher with eyes on Nvidia earnings [BNN Bloomberg (Canada)]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: BNN Bloomberg
Nvidia's earnings, due after markets close on Wednesday, are seen as a litmus test for the AI-driven rally that has pushed markets to record highs this year. The rising market has recently come under scrutiny on doubts around monetization of the technology, circular spending within the industry and high debt levels at tech companies to fund AI investments. Options data from analytics firm Option Research & Technology Services (ORATS) showed an implied move of about seven per cent for Nvidia's stock in either direction after its results. Shares of the AI giant gained 2.1 per cent after falling about 4.6 per cent in the last two sessions. “With NVDA, it has usually been a case of not if they beat earnings, but by how much as the company has exceeded both top and bottom-line expectations for 11 straight quarters,” said Adam Turnquist, chief technical strategist for LPL Financial. Most megacap and growth stocks were mixed, though Alphabet GOOGL.O outperformed with a 3.6 per cen Show less Read more
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