U.S. stocks are rising as investors await Nvidia's earnings report By Investing.com

Other retailers report today, including department store operator Kohl's , which beat expectations and reaffirmed its full year guidance.The earnings highlight, however, is likely to come after the closing bell, as the world’s most valuable chip designer, Nvidia , releases its latest quarterly numbers.

The California-based company, which manufactures the graphics processors that power generative artificial intelligence, has been at the center of global euphoria around the development of the nascent technology. Its shares have tripled this year, propelling the stock's market capitalization to above $1 trillion, and its outlook for the rest of the year could influence the near-term course of not only the AI boom, but broader market sentiment.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks muted, tech mixed ahead of Nvidia earnings By Investing.comAsian stocks muted, tech mixed ahead of Nvidia earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Nvidia’s Asian suppliers dip ahead of Q2 earnings, AI demand in focus By Investing.comNvidia’s Asian suppliers dip ahead of Q2 earnings, AI demand in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Nvidia earnings, Snowflake, Kohl's reports: 3 things to watch By Investing.comNvidia earnings, Snowflake, Kohl's reports: 3 things to watch
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks higher; PMIs mixed, Nvidia earnings due later By Investing.comEuropean stocks higher; PMIs mixed, Nvidia earnings due later
Source: Investingcom - 🏆 450. / 53 Read more »