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Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each

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Breaking News: Economy Nyheter

Earnings,Retail Industry,Breaking News: Business

There will be less economic data in the week ahead, but we will get earnings from three portfolio names, including one of our two 'own, don't trade' stocks.

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad news is good news week for Wall Street, with both weaker-than-expected reports pointing to further disinflation — which is key to any hopes of the Federal Reserve cutting interest rates in 2024. Two more reports supported the idea that the central bank's fight against inflation is working: U.S.

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California.All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad news is good news week for Wall Street, with both weaker-than-expected reports pointing to further disinflation — which is key to any hopes of the Federal Reserve cutting interest rates in 2024.

 

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