U.S. Stock Market News | "Earth's Most Important Stock" NVIDIA (NVDA.US) is about to announce its second quarter performance, and its stock price has risen nearly 1% in trading.

According to the Wisdom Finance APP, on Tuesday, Nvidia (NVDA.US) surged nearly 1% in midday trading, approaching its previous historical high of $180.95. On the news front, the "most important stock on Earth" Nvidia will announce its second quarter performance on Wednesday US time. Wall Street generally expects Nvidia to earn $1.01 per share in the second quarter with revenue of approximately $46.1 billion. Morgan Stanley, a major Wall Street firm, forecasts revenue for Nvidia in the third quarter to be $52.5 billion, but the firm admits that there are more optimistic voices in the market based on investor feedback, with some sell-side institutions predicting revenue as high as $55 billion.