NVIDIA to Report Q2 Earnings Later in August—Crypto Prediction Market Wagers on NVDA Closing Above $250 by Month-End

Even as NVIDIA Corp.’s (NASDAQ: NVDA ) shares surge in August, cryptocurrency punters remain skeptical that the stock will finish the month at or above $250.

The betting crowd on Polygon (CRYPTO: POL )-based Polymarket currently assigns only a 9% chance to the possibility, down from 50% a month ago. The odds of NVDA ending above $260 also remained at 9%. Punters put the odds at 62% for a close above $210 on Aug. 31, and 87% for a close above $190. The prediction market was pricing a 99% probability that the stock would close above $140.

The stock closed at $200.75 on the last trading day in July, and has gained 8.34% month-to-date. It closed at $223.96 last week, but has since retraced.