Traders this week can be looking out for the print of the PCE Value Index for January on Friday. That is the Fed’s most popular inflation gauge. The second estimate for fourth-quarter gross home product within the U.S. is due Thursday, together with sturdy items information for final month.
The spotlight of subsequent week’s earnings calendar would be the world’s most beneficial chipmaker, Nvidia (NVDA) on Wednesday. Analysts at KeyBanc Capital Markets count on the corporate to supply up “sturdy” outcomes and steering when it reviews quarterly outcomes subsequent week, regardless of the GB200 NVL constraints it has confronted.
Different notable earnings names embrace Dwelling Depot (HD), Intuit (INTU), Salesforce (CRM), and Workday (WDAY).
Earnings highlight: Monday, February 24 – ONEOK (OKE), Public Storage (PSA), Journey.com Group (TCOM), Zoom Communications (ZM), and SBA Communications (SBAC). See the complete earnings calendar.Earnings highlight: Tuesday, February 25 – Dwelling Depot, Intuit, Workday, Sempra (SRE), and Keurig Dr Pepper (KDP). See the complete earnings calendar.
Earnings highlight: Wednesday, February 26 – Nvidia, Salesforce, Lowe’s (LOW), TJX (TJX), and Stellantis (STLA). See the complete earnings calendar.
Earnings highlight: Thursday, February 27 – Vistra (VST), HP (HPQ), Rocket (RKT), Warner Bros. Discovery (WBD), and NetApp (NTAP). See the complete earnings calendar.
Earnings highlight: Friday, February 28 – EOG Assets (EOG), Chart Industries (GTLS), and AES (AES). See the complete earnings calendar.
Investing Group Highlight
Nvidia (NVDA) is ready to report earnings this week on Feb. 26 after the bell. The market expects about $38.1B in gross sales and $0.84 in normalized EPS. The highest-line quantity can be particularly essential right here, because the market will search for indicators of continued progress, particularly within the profitable enterprise AI GPU phase.
Whereas Nvidia guided to solely $37.5B in gross sales for This autumn, Nvidia typically sandbags its forecasts, making it simpler to offer better-than-anticipated outcomes for the AI market chief. Subsequently, Nvidia might present $38-39B in gross sales whereas doubtlessly delivering a minor beat on the EPS aspect. Steerage is especially essential, because the market needs to see continued strong demand for Nvidia’s AI merchandise regardless of the current DeepSeek and different regarding occasions.
Regardless of the excessive expectations, I anticipate Nvidia can present one other constructive earnings report, which ought to assist its inventory worth trajectory and the trajectory of different high-quality AI picks. Uncover extra evaluation from Victor Dergunov together with his SA Investing Group service – The Monetary Prophet.
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