NVIDIA has a higher chance to beat earnings estimates and saw positive earnings estimate revision activity, which is generally a precursor to an earnings beat.
Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next year.
If a 19b-4 spot Ether ETF filing is approved, analysts anticipate the SEC won’t immediately sign off on the S-1, which is required for the products to launch.
ETF analysts James Seyffart and Eric Balchunas said they had increased their odds of the SEC approving a spot Ether exchange-traded fund from 25% to 75%.
The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto.