Wall Street week ahead

Wall Street’s focus in the coming week will be mainly on Nvidia Corp, as the semiconductor giant will release its second -quarter results on Wednesday. In July, Nvidia became the first US company to cross $ 4 billion to market cap. With the artificial intelligence trade recycling investors’ attention, Nvidia’s comments on its AI chips will be watched closely. Market participants will also monitor the most important US economic data, including the first review for the growth of gross domestic product (GDP) in the second quarter, the GDP, the sentiment of the Federal Reserve’s preferred inflation meter – the Prize Examination for Personal Consumption (PCE). Economic calendar on August 25 (Monday) will be released on new home sales for July. On August 26 (Tuesday), separate reports on orders for durable goods for July, S&P Case-Shiller Home Price Index (20 cities) for June will be released consumer confidence for August. On August 28 (Thursday), separate reports on the initial unemployed claims for the week ended August 23, the GDP (first review) of the first quarter, will be released pending home sales for July. On August 29 (Friday), separate reports on personal income for July, personal expenses for July, advanced US trade balance in goods for July, Chicago Business Barometer (PMI) for August, will be released for August. Earnings to companies will report the results of the second quarter in the coming week Report-Heico, Semtech, Bank of Montreal, Mongodb, Okta, Nvidia, Crowdstrike, Snowflake, HP, Dell, Dollar Industrial-Hare-Price-Nse-Nse-BSE-S0003324 “Data-Vars-anchor-anchor”. Li Auto, Ulta Beauty, Best, Aliba, Alibaba, “Dollar General, Li Auto, Ulta Beauty, Ulta, Best, Alibaba,” Dollar “> Dollar General, Li Auto, Ulta Beauty, Best, Aliba and front line. Points, or 1.89%, to 45,631,74. Market, the return on the 10-year treasury has dropped to 4.25% from 4.33%.