BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Friday. While BSE Sensex went below 73,300, Nifty50 was below 22,150.

Nvidia’s earnings don’t just move markets—they are the market. The latest results, due Wednesday after the closing bell, will represent more than a marginal company update. They’ll provide a litmus test of whether the artificial intelligence trade has room to run,

While nobody can predict what the market will do, especially in the short term, some metrics suggest that a downturn could be on the horizon.