Is Big Tech still make or break for earnings season?

Nvidia (NVDA) shares have taken a hit in recent weeks due to a broadening out from Big Tech where investors are rotating out from in favor of small stocks (^RUT).

Do megda cap tech names still have sway over the market this earnings season? Currently, Nvidia is scheduled to report second quarter earnings on Wednesday, August 28.

EquitySet CEO Tony Zipparro joins Wealth! to break down whether major tech names could be — or not be — crucial to this earnings season.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino

Video Transcript

Nvidia has continued to be quarter after quarter, one of the companies that can either make or break an earnings season.

And so I, I wanna get both sides of that.

What is a company that could make this earnings season?

What's a company that could break this earnings season?

Uh NVIDIA?

Uh Absolutely.

It's, and I think a lot of people are looking to that if they surprise on the growth side, right?

And it continues to be strong.

It's gonna carry all those names up, uh, and the contraction or the, uh, correction you've seen here.

I think it's gonna continue its momentum up.

Um And so I think it's still Invidia, right?

I think there's a couple others, right?

If you look at the mag seven, right?

Look at Amazon, look at Microsoft, look what they're leading and guiding to.

Um, but I think there's an over sensitivity to, is it 15% growth?

Is it 10% growth?

Is it 2% decline?

What does that look like?

Absolutely, Tony, great to see you back here in studio with us.

Thanks so much for taking the time.

Tony Zappa, who is the equity set?

CEO