This week, investors will be watching two key industries: retailers and Nvidia. The Magnificent Seven stocks, which focus on artificial intelligence, are expected to report earnings that may raise questions about their long-term growth prospects.
Nvidia Corp., a leading artificial-intelligence chipmaker, is one of the companies set to release its earnings. Meanwhile, retailers such as Gap and Ulta Beauty will also be reporting. The contrast between these two groups could provide insight into investor sentiment and the willingness of consumers to adopt emerging technologies.
As Nvidia prepares to report its earnings, investors are weighing the potential benefits of artificial intelligence against the risks associated with burning cash in pursuit of growth. The outcome of these earnings reports may help shape market expectations for the future of AI technology.
Source: https://www.marketwatch.com/story/low-expectations-for-retailers-and-ever-rising-expectations-for-nvidia-in-this-weeks-round-of-earnings-e24f4764