To The Moon

Can Nvidia's GTC conference give the stock a boost?One analyst thinks a bigger catalyst might be simply psychological.Nvidia Corp.'s earnings reports used to be blockbuster events that drove dramatic moves for the stock - and the broader market.But Nvidia's latest earnings have been met with somewhat of a shrug from Wall Street, as shares fell 2% in morning trading Thursday, potentially reflecting factors such as gross-margin pressure and a smaller-than-usual beat with its outlook.With the subdued post-earnings move, Nvidia's stock is still in its monthslong funk. Shares are trading essentially where they were back in mid-June, and analysts are debating the next big catalyst.He also thinks investors want to see bigger beats or an expansion in gross margins. That could happen in the July quarter and beyond, as Nvidia gets ready to ramp up its Blackwell Ultra offering. He added that Wall Street is waiting to see more signs that Nvidia can gain traction with sovereign buyers or other cus