Overview
- Nvidia reports after Wednesday’s close, with consensus calling for about 55%–60% EPS growth and roughly 56% revenue growth year over year.
- Positioning is cautious as expectations for a December rate cut have cooled, leaving markets largely pricing no move and keeping pressure on rate‑sensitive tech.
- Bitcoin has fallen more than 10% over the past week and roughly 25% from its peak, reinforcing risk appetite concerns tied to tech trades.
- Investor jitters have been stoked by SoftBank and Peter Thiel exiting Nvidia stakes and by Michael Burry’s criticism of data‑center depreciation practices.
- Options imply roughly a 6% post‑earnings swing, with focus on hyperscaler demand in Nvidia’s data‑center business as a delayed September jobs report and major retailer results share the week’s spotlight.