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Reuters

Reuters

Technology

Technology

Crucial Nvidia results to set the course for faltering 'Magnificent Seven'

Reuters
Summary
Nutrition label

77% Informative

Nvidia 's results on Wednesday could prove to be inflection point for artificial intelligence stocks.

Investors have raked in big returns over the last few years from the AI boom that has accrued largely to the "Magnificent Seven" Nvidia has been the top beneficiary of Wall Street's picks-and-shovels AI trade.

Options imply a 7.7% swing for shares of the AI bellwether in either direction after the results.

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