This could be a big deal tonight- check out NVIDIA (NVDA) today

As noted here earlier this morning, yesterday the Nasdaq 100 was supported by gains in NVIDIA (NVDA). The stock price gained 4.89% by the close last night. The stock closed at $147.01. That close was not far below the current record high for the stock, at $149.77. The stock is currently trading around $147.70 in the grey market this morning. Their Q3 results are due to be released just after the closing bell last night, so let me have a look at what the markets expect from that tonight (around 9.20pm GMT). The forecast is for NVDA to post Q3 revenue of $33.12 billion with an EPS  (Earnings Per Share) of $0.75. Right now it would appear many in the market are looking for a beat on those and hence the push higher yesterday and perhaps again this afternoon, when the US stock markets reopen. There is no doubt this stock has been the driving force across the US tech sector stock markets record gains this year and also in essence for the broader US stock markets too. To be honest that is not a healthy situation, but NVDA investors probably do not care much about that. The point here is made all the same. So, this evening this stock has the power to impress, or perhaps disappoint depending on their results. This has massive implications for the Nasdaq 100 too, given that NVDA has a market cap around $3.6 trillion. So, Quick News will be on hand later this evening to deliver those results to you when they emerge.