Here are the 2 big things we're watching in the stock market this week
Nvidia reports earnings, and Fed Chairman Kevin Warsh is set to deliver his first Jackson Hole speech.
Nvidia's upcoming earnings report is a significant event for the stock market, particularly for investors in the tech sector. As a leading manufacturer of graphics processing units (GPUs) and high-performance computing hardware, Nvidia's financial performance is closely watched as a bellwether for the broader tech industry. A strong earnings report could indicate continued growth in demand for GPUs, which are used in a variety of applications, including artificial intelligence, gaming, and professional visualization.
Meanwhile, Federal Reserve Chairman Kevin Warsh's first Jackson Hole speech is also drawing attention. The annual Jackson Hole Economic Symposium is a key event for central bankers, policymakers, and economists, and Warsh's speech is expected to provide insight into the Fed's monetary policy stance. As the lending landscape continues to evolve, investors are keen to hear Warsh's views on interest rates, inflation, and the overall economic outlook. Any hints about future policy moves could impact borrowing costs and lending activity.
Looking ahead, investors will be watching Nvidia's earnings report for signs of sustained growth and Warsh's speech for guidance on the Fed's policy trajectory. In the lending space, any changes to interest rates or monetary policy could have implications for borrowing costs and loan demand. As such, lenders and investors will be closely monitoring these events for potential impacts on their businesses and investment portfolios.
Originally reported by cnbc.com. LendingNews adds analysis for finance & markets readers.