Traders Predict Small Reaction to Nvidia's Earnings
Listen to the story
Nvidia is a big technology company. It makes chips for computers. These chips help run artificial intelligence (AI) programs. Nvidia will share its money news on Wednesday. This is called an earnings report.
Before big news, some people buy special options. Options are contracts. They let people guess if a stock price will go up or down. Right now, these traders think Nvidia's stock will not move much after the earnings report. This is unusual. In past years, Nvidia's stock moved a lot after earnings.
Some experts think this could be good news for AI bulls. A bull is someone who thinks a stock price will rise. If the stock does not move much, it could be a chance to buy shares at a good price.
Right now, Nvidia's stock has gone down for seven days in a row. This is called a losing streak. People are watching the company closely. Wall Street analysts will study five key things in the report. They want to know how well Nvidia is doing in the AI business.
Vocabulary15 words
- artificial intelligence
- computer programs that can learn and think like humans
- earnings report
- a paper that shows how much money a company made
- options
- contracts that let people bet on stock prices
- AI bulls
- people who think AI companies will grow and prices will rise
- losing streak
- many days in a row when something goes down or loses
- analysts
- people who study companies and give advice about money
- stock
- a small part of a company that people can buy
- chips
- small computer parts that help machines work
- Wall Street
- a place in New York where people trade stocks
- traders
- people who buy and sell stocks or other things
- opportunity
- a good chance to do something
- price
- how much something costs
- shares
- small parts of a company owned by people
- company
- a business that makes or sells things
- report
- information that tells people about something
Quiz
Answer key
1. Computer chips 2. The stock will not move much 3. False
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Nvidia is a big technology company. It makes _____ for computers. These chips help run artificial intelligence programs. Nvidia will share its money news on _____.
Before big news, some people buy special _____. Options let people guess if a stock price will go up or down. Right now, these traders think Nvidia's stock will not move much after the earnings _____.
Some experts think this could be good news for AI _____. If the stock does not move much, it could be a chance to buy _____ at a good price.
Right now, Nvidia's stock has gone down for seven days in a row. This is called a losing _____. Wall Street analysts will study five key things in the _____.
More Business stories
Next story · Easy
The Witcher 3: Wild Hunt Gets a Remaster This September