“Nvidia will be the stock that doesn’t make it as boring as it has been on this rally because when utilities are leading and financials are leading, they’re not headline makers. Nvidia is a headline maker, so I can’t wait to see how the market reacts to that.”

 “I anticipate the chipmaker will beat revenue expectations by $1.5 billion to $2 billion in its upcoming report... Over the last three quarters, Nvidia’s top-line beat by $1.9 billion on average.”

 “Strong guidance has the potential not only to lift Nvidia but also the broader AI trade as software names take more of a backseat lately. That’s a fresh catalyst for that theme.”

 “If they Nvidia can continue to exceed expectations, I think that does a lot towards driving sentiment higher... Conversely, if they give a bad forecast or disappointing earnings result... positive sentiment could reverse.”

 “We view the current macroeconomic setup as almost the complete opposite of 2021 which was when we initiated research coverage on HOOD at Underperform. Now interest rates are elevated and the BofA economists forecast Fed rate cuts to start in December while economic growth is surprising to the upside and stock/crypto markets are back in bull market territory.”