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Here are five key things investors need to know to start the trading day:
All eyes are on Nvidia
ahead of the chipmaker’s second-quarter earnings report due after the bell. The stock — a major market play for the artificial intelligence trend — is closely followed by both Wall Street and Main Street.
As CNBC’s Kif Leswing reported earlier this week, Nvidia is facing high expectations heading into the report. Since generative AI burst onto the scene two years ago, the company’s revenue has more than tripled and its profits have quadrupled. Nvidia became the first company to hit a $4 trillion market cap just last month.
