Market watchers highlight strong breadth in the semiconductor index as a positive backdrop. Worth mentioning, IonQ has no dividend payment, as is fitting with its reinvestment-rich approach to achieving size and widening the technology moat. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call it's worth handicapping the probability of a positive EPS surprise. Options flow data feeding into NVDA stock forecast next week indicates heavy call buying at the $950 strike, suggesting traders are betting on a breakout rally.
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