Wall St Week Ahead-Nvidia, retailer reports to shed light on AI boom, consumer spending
Investors await Nvidia, Target and Walmart results as futures slip after record highs and rising bond yields.
- NYSE Stock futures fell on Sunday night as investors prepare for critical quarterly earnings from Nvidia, Target, and Walmart this week.
- Rising global bond yields, including the 30-year Treasury bond yield hitting year highs, and the lingering US-Iran conflict have pressured market sentiment as oil prices remain elevated.
- Investors focus on Nvidia's earnings Wednesday and Alphabet's I/O conference starting Tuesday, seeking updates on AI-infrastructure spending and the expansion of Gemini across Android, Search, and Chrome.
- As traders boost rate-hike odds, Ed Yardeni, president of Yardeni Research, wrote that "the macroeconomic backdrop no longer supports an easing bias," signaling rates may stay elevated.
- Ahead of a meeting of The G72s in Paris, Eurogroup President Kyriakos Pierrakakis stated that "opening the Strait of Hormuz and bringing the conflict to a lasting end" is vital to mitigating economic shocks.
16 Articles
16 Articles
All eyes are on Google and Nvidia in a pivotal week for the AI trade
Melina Mara/The Washington Post via Getty ImagesTech stocks have been volatile lately as investors mull inflation worries against a broadening AI trade.Google's annual developer conference and Nvidia earnings this week could reshape things.Detailed below is what investors should expect from both events.The AI trade has had a busy month or so.Magnificent 7 members Alphabet, Microsoft, Amazon, and Meta reported earnings in late April that got a mi…
Times of India
The Economic TimesUS Stock Market: AI boom and consumer spending trends take center stage as earnings season nears key test
S&P 500 and NASDAQ Composite are heading into a crucial week near record highs, with investors focused on two key themes — the AI-driven market rally and the strength of U.S. consumer spending amid sticky inflation. Earnings from NVIDIA and major retailers like Walmart, Home Depot, Target and TJX Companies are expected to provide fresh clues on AI demand, consumer health, and the broader U.S. economy.
Wall Street eyes Nvidia and retail earnings for signals on AI boom, consumer spending
New York: Two key themes shaping the US stock market — the artificial intelligence boom and inflation-pressured consumer spending — will be in focus next week, with earnings reports from semiconductor giant Nvidia and a range of major retailers led by Walmart.Stock indices have risen strongly in recent weeks, with the benchmark S&P 500 and the technology-heavy Nasdaq Composite close to record highs. Market movements have been driven by developme…
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