Jim Cramer Flags a Monumental Day': Will NVIDIA Earnings Move Markets?
Mad Money host Jim Cramer told followers he senses a monumental day, just hours before NVIDIA (NVDA) reports fiscal second-quarter earnings after Wednesdays close. The cryptic post landed as the stock steadied near $213 in quiet premarket trading. Wall Street consensus calls for roughly $92 billion in revenue and $2.09 in adjusted earnings per share. Therefore, the guidance that follows the print could set the tone for the entire AI trade. Sponsored Sponsored Nvidia (NVDA) Stock Performance Pre-Market. Source: Yahoo FinanceWhy NVIDIA Earnings Count as a Market Event NVDA closed Tuesday at $213.05, a 2.19% rebound that snapped a seven-session losing streak. The stock changed hands near $213.77 in Wednesdays premarket, up 0.34% on light volume, ahead of the 5 PM EDT earnings call. The muted move hides the stakes. NVIDIAs market value sits near $5.16 trillion as of this writing, large enough for its after-hours reaction to swing the S&P 500. The report also doubles as a referendum on AI bubble risk, since a handful of chip and AI names now drive most index earnings growth. Beyond the headline revenue figure, analysts expect data center sales near $85 billion. Meanwhile, options and money-flow data had already flagged an earnings trap setup, where even a beat may fail









