S&P 500 Snaps 4-Day Slump as Nvidia’s Make-or-Break Earnings Loom
Markets hold their breath while the chip giant prepares to report.
The Rebound Play
After four brutal sessions in the red, the S&P 500 finally found its footing—just as Nvidia gears up to drop earnings that could make or break the current market sentiment. The timing couldn't be more dramatic.
All Eyes on AI
Nvidia's performance has become the ultimate bellwether for tech stocks and AI-driven market optimism. A strong showing could send markets soaring, while a miss might trigger the kind of selloff that makes traders nostalgic for boring old blue-chips.
The Waiting Game
Trading floors are buzzing with anticipation, analysts are sharpening their predictions, and everyone's wondering if Nvidia can deliver another gravity-defying performance. Because nothing says 'healthy market' like putting all your hopes on one company's quarterly report.
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AI heavyweight Nvidia (NVDA) will report its highly anticipated third quarter fiscal year 2026 results after the market close. The report will have a significant effect on the market, as NVDA is the largest holding in both the S&P 500 and Nasdaq 100 (NDX) with weights of 7.57% and 13.88%, respectively.
Most Analysts are Bullish on Nvidia
Nvidia’s earnings will offer a read on whether AI stocks are in a bubble. Wolfe Research and Goldman Sachs believe that the company will beat earnings, although some firms are beginning to question Nvidia’s multibillion-dollar deals with other players in the AI space.
“It’s very unclear what the motivation here is … To what degree is Nvidia investing versus buying demand or subsidizing demand [for its chips]?” said Seaport analyst Jay Goldberg, who has a “Sell” rating on NVDA.
Nvidia carries an average price target of $243.09, implying upside of about 30% from current levels.
