📅 AI earnings week: the stock dates crypto traders should watch
🔹 Thu Nov 12, before the open: Nebius (NBIS). It was down 41% in a month to Nov 6
🔹 Thu Nov 12, after the close: Applied Materials (AMAT) and Cisco (CSCO)
🔹 Fri Nov 13: US October PPI inflation data
🔹 Nov 17: Nvidia (NVDA), the big one
🔹 Backdrop: the Nasdaq was in a correction, nearly 12% below its Oct 6 record (as of Nov 9). CoreWeave's beat on Nov 10 gave AI stocks a lift
Why it matters for crypto: when AI stocks sell off, $BTC has been sliding with them. Strong chip and cloud numbers could flip the mood.
Is Nvidia week the turning point, or more pain first? 👇
(Not financial advice)
📷 Photo: Laura Ockel / Unsplash
🔹 Thu Nov 12, before the open: Nebius (NBIS). It was down 41% in a month to Nov 6
🔹 Thu Nov 12, after the close: Applied Materials (AMAT) and Cisco (CSCO)
🔹 Fri Nov 13: US October PPI inflation data
🔹 Nov 17: Nvidia (NVDA), the big one
🔹 Backdrop: the Nasdaq was in a correction, nearly 12% below its Oct 6 record (as of Nov 9). CoreWeave's beat on Nov 10 gave AI stocks a lift
Why it matters for crypto: when AI stocks sell off, $BTC has been sliding with them. Strong chip and cloud numbers could flip the mood.
Is Nvidia week the turning point, or more pain first? 👇
(Not financial advice)
📷 Photo: Laura Ockel / Unsplash
