10 ETFs Poised For Wild Swings Following Nvidia Earnings
Portfolio Pulse from Piero Cingari
Nvidia's upcoming earnings report is highly anticipated, with expectations of significant revenue and EPS growth. This event is crucial for the semiconductor and technology sectors. ETFs with substantial Nvidia holdings, such as VanEck Semiconductor ETF, iShares Semiconductor ETF, and ARK Innovation ETF, are poised for volatility.
August 28, 2024 | 3:09 pm
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The ARK Innovation ETF, with notable Nvidia exposure, could see volatility following Nvidia's earnings, given its historical post-earnings movements.
ARKK has a significant holding in Nvidia, and Nvidia's expected strong earnings could lead to a positive impact on the ETF.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Nvidia is expected to report strong earnings, with significant revenue and EPS growth anticipated. This could lead to a positive stock price movement, given its leadership in AI and strong demand for its products.
Nvidia's leadership in AI and strong demand for its products, such as H100 GPUs, are expected to drive significant revenue and EPS growth. This optimism is supported by analysts, suggesting a likely positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
The VanEck Semiconductor ETF, with significant Nvidia exposure, is likely to experience volatility following Nvidia's earnings. Historically, it has shown notable post-earnings movements.
SMH has a high exposure to Nvidia and has historically shown significant post-earnings movements. Nvidia's expected strong earnings could lead to a positive impact on SMH.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The iShares Semiconductor ETF, with substantial Nvidia holdings, is poised for potential volatility following Nvidia's earnings report.
SOXX has significant Nvidia exposure, and Nvidia's anticipated strong earnings could lead to a positive impact on the ETF.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75