The NYSE FANG index of firms from Apple Inc. to Netflix Inc. has rallied for 10 out of 11 trading sessions to reach 2,753, less than 1 percent away from a record 2,770 reached in mid-March. Whether that record gets broken sooner than later may hinge on Nvidia Corp., which reports after the close. Santa Clara-based Nvidia is expected to forecast fiscal second quarter revenue of $2.95 billion, up 32 percent from the same time a year ago, according to an average of analyst estimates compiled by Bloomberg. …read more
Source:: Yahoo Finance
