According to @KobeissiLetter, Nvidia's upcoming earnings report is imminent, and traders should prepare for potential volatility in NVDA stock. Monitoring this announcement is crucial for traders as it often leads to significant price movements.

According to The Kobeissi Letter, AMD stock, $AMD, has experienced a dramatic decline, erasing a 5% gain and now trading 10% lower following its earnings report. This reflects a $30 billion market cap swing from high to low, marking a new 25-month low for the stock.