Nvidia set for $260 billion price swing after earnings, options indicate

Nvidia set for 0 billion price swing after earnings, options indicate

Options traders are pricing in about a $260 billion swing in Nvidia’s (NVDA.O), opens new tab market value following the chipmaker’s second-quarter earnings expected on Wednesday, U.S. options market data showed. Nvidia options implied a roughly 6% swing for the shares in either direction following the results, which will be reported after markets close on … Read more

Asian stocks to slip as inflation clouds Fed cuts

Asian stocks to slip as inflation clouds Fed cuts

Asian equities looked set to follow Wall Street lower Tuesday as investors were on edge that a looming key US inflation report may derail the pace of Federal Reserve rate cuts. Stock futures in Japan, Hong Kong and Australia all slipped, while contracts for Chinese shares bucked the trend with the Nasdaq Golden Dragon China … Read more