Stock market today: World shares mostly advance ahead of Nvidia profit report
World shares were mostly higher on Wednesday ahead of a keenly anticipated quarterly profit report by Nvidia and an update on the state of the U.S. economy. Germany's DAX rose 1.3% to 22,696.44, while the CAC 40 in Paris jumped 1.
Stock Market Today: What to Watch Ahead of Nvidia's Earnings
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AI stocks battered heading into make-or-break Nvidia earnings
Artificial intelligence-linked shares fell on Tuesday, in lead-up to AI bellwether Nvidia's quarterly earnings, which could offer clarity on demand and justify the sector's lofty valuations.
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Wall Street is holding its breath as Nvidia (NVDA) gears up to report its fourth quarter results on Wednesday. Despite its sky-high valuation, Patrick Moorhead, Chief Analyst at Moor Insights, believes the AI giant still has "a lot of room to grow.
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