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Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report

Nvidia has become world's 'most important stock,' adding pressure to upcoming earnings report

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. 

Ann Wang | Reuters

For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster.

As the primary beneficiary of the artificial intelligence boom, Nvidia has seen its market cap expand by about ninefold since the end of 2022. But after reaching a record in June and briefly becoming the…


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