Why Nvidia earnings could be a sink-or-swim moment for this bull market

Published On Nov 20, 2024, 6:00 AM

Nvidia's upcoming earnings report is seen as a critical moment for the stability of the current bull market. Though Nvidia has performed exceptionally well in recent years, the overall performance of semiconductor stocks has declined. Traders are especially focused on Nvidia's guidance for future earnings, which is key to maintaining investor confidence. If Nvidia underdelivers, it could negatively impact the broader market, particularly as many peer companies have struggled recently.