Nvidia Earnings and Fed Minutes Focus as Stocks Slump
Global markets are bracing for Nvidia earnings and Federal Reserve minutes while equities decline on renewed inflation concerns and geopolitical tensions in the Middle East. Investors are also monitoring UK inflation data and central bank commentary for guidance on the future path of interest rates.
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NVIDIA CORP reports first-quarter earnings, with options pricing suggesting a potential $350 billion swing in either direction in the chipmaker's market value. The results follow a period where global equities fell as inflation fears and conflict in Iran pushed bond yields higher. Investors are gauging if the world's most valuable company can maintain its dominance as competitors enter the AI inference market.
