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Benzinga
Benzinga
Business
Chandrima Sanyal

Nvidia's Big Earnings Test: ETF Market Braces For $320 Billion Swing That Could Hit QQQ, S&P 500 ETFs

Nvidia Warns Isolation

One stock could be on the verge of sending shockwaves through the ETF universe, and that is Nvidia Corp (NASDAQ:NVDA).

Nvidia’s upcoming earnings on Wednesday might cause a $320 billion shift in its market value, southward or northward, according to Reuters. If this materializes, it will mark the greatest post-earnings move on record for the chipmaker, and ETF investors are bracing themselves.

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