Odaily Planet Daily reports that on Thursday morning Beijing time, the world’s most important earnings report — NVIDIA’s earnings — will be released. Although Wall Street generally expects NVIDIA to achieve strong growth again in Q4 of fiscal year 2025 and to issue optimistic guidance, whether this report can turn the tide amid recent “AI ghost stories” that caused a collective plunge in U.S. software stocks remains uncertain. Options pricing indicates that traders expect NVIDIA’s stock to fluctuate up to 6% this week. Historically, NVIDIA’s earnings reports have often led to short-term “sell the news” selling pressure: in the past four quarters, despite three quarters of better-than-expected results, the stock price has always fallen the day after the earnings release. Currently, NVIDIA remains the world’s most valuable company, with a market capitalization far exceeding $4 trillion, accounting for about 8% of the S&P 500 index. Therefore, such volatility could have widespread impacts on the entire market.