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Nvidia earnings eyed as possible catalyst for a stalled stock market
MarketWatch notes Nvidia shares have struggled to advance since the prior results day.
Nvidia earnings are being watched for signs that the AI chip maker can change a recent pattern in its stock performance, a move investors hope could help lift sentiment in a broader, more sluggish stock market.
MarketWatch said Nvidia shares have struggled to make headway since its previous results day, suggesting investors are looking for a clearer break from that trend ahead of the new earnings.
The focus is on whether the company can deliver results that alter the near-term momentum in its stock, given the role Nvidia has played in driving AI related trading.
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