Magnificent Seven member Nvidia reports earnings on Wednesday and traders are bracing to see big swings in the stock price. Trading in the options market suggest investors see potential for a 9% move in either direction on the day following the report, according to Citi. Pierre Ferragu of New Street Research, talks about what he’s expecting on “Bloomberg Surveillance.”
Watch Nvidia CEO Jensen Huang’s interview on Bloomberg TV on Wednesday Aug. 28 at 6.30 p.m. New York time https://www.youtube.com/watch?v=pcuwZ8zk2ng
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