The Week Ahead: Tech rally hinges on Nvidia earnings – 15/11/24
The massive rally in technology stocks rests to some extent on Nvidia earnings due up on Wednesday. The Nasdaq has jumped by almost 30% in 2024 with Nvidia up 200%. Its earnings and outlook for 2025 will be crucial to sustaining the momentum in the stock and the wider tech space. Elsewhere, look to UK inflation figures for the Bank of England’s next move and the week ends with a bout of flash PMI data releases. Revised UoM consumer sentiment data will include the first post-election health check of the US consumer.
Find out more in the video below.
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