Nvidia climbed above $1000 postmarket after reporting its best-ever quarterly revenue and earnings results, showing 262% year-over-year revenue growth and a 585% jump in earnings.

This stock is forecasted to then move 8.5% up or down when US markets reopen Thursday, depending whether Nvidia’s results for the three months ending April 30th excites or disappoints.

Coinbase will release its Q1 2024 earnings report after the markets close today. The implied 1-day potential move after the earnings release is 12.35%.

If the likes of Tesla, Meta, Microsoft, and Alphabet add to the doom and gloom, citing a challenging road ahead for future earnings, that could bring the NAS100 stock index closer to a technical correction.