Nvidia breaks 7-day losing streak ahead of earnings

HUGE: $NVDA has snapped its seven-day losing streak just hours before today's earnings report.
The stock rallied into earnings in each of the last five quarters, but then fell the day after every one of the last four reports.
Wall Street expects roughly $92 billion in revenue this quarter.
Options markets are pricing an implied market-cap swing of around $300 billion in either direction.
With expectations this high, the reaction may depend less on whether Nvidia beats and more on the size of the beat, forward guidance and commentary around AI infrastructure demand.