"Nvidia's Stock Faces Crucial Test as Earnings Report Looms"

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Source: MarketWatch
"Nvidia's Stock Faces Crucial Test as Earnings Report Looms"
Photo: MarketWatch
TL;DR Summary

Nvidia's stock is on track for its worst day since 2022, with a potential $112 billion market cap loss, the largest in its history. Analysts are cautious about the company's upcoming earnings report, as the stock has surged over 35% this year and market expectations have risen significantly. Despite anticipated strong earnings and revenue growth, concerns about high expectations and potential challenges in the China market are weighing on investor sentiment.

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