Here are the 2 big things we're watching in the stock market this week
Nvidia reports earnings, and Fed Chairman Kevin Warsh is set to deliver his first Jackson Hole speech.
TL;DR
- Nvidia's earnings report is a key focus for investors to gauge the AI boom's impact on hardware, software, and cybersecurity sectors.
- Federal Reserve Chairman Kevin Warsh's first speech at the Jackson Hole Economic Policy Symposium is anticipated for clues on future interest rate policies.
- Salesforce and CrowdStrike will also release earnings, with investor attention on their performance in the AI era and cybersecurity's role as an enabling technology.
- Economic data, including the PCE price index and GDP figures, will precede the Jackson Hole event.
- The collapse of U.S.-Canada trade talks and resulting tariffs add another layer of geopolitical tension for the market.