Nvidia's Financial Results, U.S. Inflation, and the Fed Chair's Speech: What Investors Can Expect This Week

After an eventful week in which investors assessed mixed earnings reports from retailers, rising bond yields, and an unexpected intervention by the U.S. Treasury Department, there are still five days of important events ahead. U.S. President Donald Trump plans to unveil an economic plan against Iran, and new inflation data will help determine the Fed’s next steps, according to Yahoo Finance.

The key event of the week will be Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole symposium: investors are hoping for more clarity on whether the Fed will raise rates and when that might happen. Equally important will be the PCE data—the Fed’s preferred measure of inflation. In Europe, inflation data will also be released, along with business and consumer sentiment surveys. In Asia, one of the main issues will be the Bank of Korea’s interest rate decision: strong economic growth is coupled with rising inflationary pressures due to the crisis in the Middle East, according to The Wall Street Journal (WSJ).

Retailers will continue to release their financial reports. DICK’S Sporting Goods, Five Below, and Ulta Beauty will show whether demand for sports and beauty products remains strong following the robust results reported by major chains in this segment a week earlier. Reports from Dollar General and Dollar Tree will provide insight into the extent to which middle- and high-income Americans are switching to cheaper products and seeking discounts, notes Yahoo Finance.

But Nvidia’s earnings report could be the main corporate event—it will show how sustainable the recovery in AI company stocks is. The consensus estimate calls for earnings of $2.08 per share—nearly double the figure from a year earlier—and revenue of $92.06 billion. Even more important is the company’s forecast: Wall Street expects Nvidia’s annual revenue to approach $400 billion, up from $215 billion in 2025, according to Barron’s.

Trip.com will report its earnings on Monday, August 24.

On Tuesday, August 25, The Conference Board will release the August U.S. Consumer Confidence Index. Economists, on average, forecast a reading of 90.2 points, compared with a preliminary reading of 90.8 points for July.

Intuit, PDD Holdings, Zoom, and DICK'S Sporting Goods will report their quarterly results.

On Wednesday, August 26, the U.S. Bureau of Economic Analysis will release the country’s Personal Consumption Expenditures (PCE) index for July. The consensus forecast calls for annual inflation to slow to 3.6% from 3.7% in June.

A revised estimate of U.S. GDP growth for the second quarter will be released on the same day. Economists, on average, forecast that the figure will remain at 3.1%.

Nvidia, Salesforce, and CrowdStrike will report their financial results.

On Thursday, August 27, the Bank of Korea will hold a monetary policy meeting. The regulator is expected to raise its economic growth forecast, but analysts are divided on the interest rate, according to The Wall Street Journal. Some expect a second consecutive rate hike as early as August, pointing to stronger-than-expected economic growth driven by semiconductor exports and inflation above the target. Others anticipate a pause, with the next rate hike expected in October or November.

Dollar General, Dollar Tree, Ulta Beauty, and Best Buy will report their quarterly results.

On Friday, August 28, the new Fed Chair, Kevin Warsh, will speak at the Kansas City Federal Reserve Bank’s annual economic symposium in Jackson Hole. The main question is whether Warsh will provide any guidance on the timing of a rate hike: so far, he has avoided giving specific signals about the Fed’s future policy, according to the WSJ.

The University of Michigan will release its final August readings on consumer sentiment, inflation expectations, and spending expectations in the U.S. The preliminary sentiment index stood at 51 points, down from 55.2 points in July.

Preliminary inflation data for August will be released in France and Spain. These figures will serve as an important indicator ahead of the European Central Bank’s meeting on September 10. “Our models show that headline inflation in the eurozone could exceed 3.5% later this year if current energy prices persist,” said Ricardo Amaro, chief economist at Oxford Economics (as quoted by the WSJ).

The European Commission will publish its August business and consumer surveys.

Meituan will publish its quarterly financial results.

This article was AI-translated and verified by a human editor