Awaiting Nvidia's Q3 Report, Bitcoin Rise, Company News, and Geopolitics
Stock market news
• Trading in Asia was quiet as everyone awaited earnings results from AI darling Nvidia, the world's most valuable company with a market cap of $3.6 trillion. Expectations are high given its shares have already risen 5% overnight. Options trading points to a swing of nearly $300 billion in market value, setting up a potentially chaotic trading session ahead.
• The US stock market traded mixed yesterday. NVDA, WMT, TSLA, NFLX and a number of other stories rose in price, which helped the Nasdaq 100 add 1%. But Value stocks mostly declined, which led to a slight minus in the...