Zoom Communications, Inc.

NVIDIA Corporation

Walmart Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

This morning in New York: Powell's Jackson Hole speech is in focus

Target Corporation

Morning in New York: indices enter consolidation mode

Palantir Technologies Inc.

Intel Corporation

The Nasdaq 100 Index, heavily weighted toward technology companies, fell 1.4% on Aug. 19, one of its worst performances since the April selloff. The S&amp;P 500 lost 0.6%, and the Dow Jones once again failed to hold a record before the close. Indexes declined as technology companies related to artificial intelligence, including Nvidia and Palantir, fell. Investors worried about the prospects of an AI-related rally and locked in profits. In particular, they have been spooked by a study showing that 95% of companies get nothing from their investments in generative AI.

The Nasdaq 100 has one of its worst one-day drops since April, the Dow failed to hold a record high

Palo Alto Networks, Inc.

Baidu, Inc.

The most expected event for Wall Street this week will be the speech of US Federal Reserve Chairman Jerome Powell at the Fed's annual economic symposium in Jackson Hole, Yahoo Finance <a href="https://finance.yahoo.com/news/powells-jackson-hole-speech-walmart-earnings-what-to-watch-this-week-113502376.html#:~:text=The%20investing%20world%20will%20turn%20its%20attention%20to%20northwestern%20Wyoming%20in%20the%20week%20ahead%2C%20with%20Federal%20Reserve%20Chair%20Jerome%20Powell%20set%20to%20give%20his%20most%20important%20policy%20speech%20of%20the%20year%20on%20Friday%20at%20the%20annual%20Jackson%20Hole%20Economic%20Symposium.">writes</a>. This symposium is a platform for statements of the head of the U.S. Central Bank on the future policy of the regulator. Ahead of Powell's speech, which may be his last as Fed chief, markets are <a href="https://www.wsj.com/economy/week-ahead-for-fx-bonds-feds-powell-comments-at-jackson-hole-in-focus-a7104eb8?mod=economy_lead_pos1#:~:text=U.S.%20money%20markets%20now%20price%20in%20a%2093.5%25%20chance%20of%20a%2025%20basis%2Dpoint%20rate%20cut%20next%20month%2C%20LSEG%20data%20show.">estimating</a> a 93.5% probability of an interest rate cut in September. Signals from Powell regarding the speed and scale of a new cycle of monetary easing will be decisive for the dynamics of stock markets.

Powell's Jackson Hole speech, Walmart report: what investors need to know this week

Alphabet Inc.

UnitedHealth Group Incorporated

Berkshire Hathaway Inc.

US and Russian Presidents Donald Trump and Vladimir Putin held talks on Ukraine in Alaska on Friday. On his way to Anchorage, Trump told reporters that duties on chip imports could reach 300%. Earlier in the week, USA stock markets rose to new records amid expectations of a Fed rate cut. Perplexity unexpectedly offered to buy Google's Chrome browser, and the US administration is exploring buying a stake in Intel. Sam Altman is preparing to launch a startup that will become a competitor of Elon Musk's Neuralink - the rivalry between them is intensifying. The main events of August 11-15 are in our review.

Highlights of the week: US-Russia summit, White House and Intel stake, buyer for Chrome

US President Donald Trump said that he is considering a lawsuit against the head of the Federal Reserve Jerome Powell. The American leader regularly criticizes the regulator for refusing to lower interest rates, and since July, another reason was the cost of reconstruction of the headquarters of the Federal Reserve.

Trump hasn't ruled out a lawsuit against Powell over Fed overhaul project

Last week, the agency reported that Trump had decided on a favorite

White House expands list of candidates to replace Powell as U.S. Fed chief - Bloomberg

So far, Trump has only formally announced a nominee for the regulator's board of governors

Trump's team has decided on a favorite to become Fed chairman - Bloomberg


Meta Platforms, Inc.

Apple Inc.

Amazon.com, Inc.

Trump's new duties caused a collapse&nbsp;on the first day of August in markets that were in euphoria after reports&nbsp;from the largest US tech companies.&nbsp;Apple, Amazon, Microsoft and Meta beat analysts' expectations on earnings and revenue, despite some weak segments. At the same time, the luxury sector is still in crisis: Hermès shares sagged despite sales growth, while Kering is facing a 25% drop in Gucci revenue and a growing debt load. The Fed kept rates unchanged and Donald Trump criticized Jerome Powell again. The main events from July 28 to August 1 - in our review.&nbsp;

Highlights of the week: bigtech reports, Trump's duties and Figma's debut


Microsoft Corporation

Microsoft and Meta shares rose sharply after posting strong quarterly results. OpenAI, a key player in generative AI, doubled its revenue to $12 billion year-to-date and is preparing for a new $30 billion investment round. Meanwhile, the U.S. Federal Reserve kept its policy rate at 4.25-4.5% for the fifth consecutive time, despite pressure from Donald Trump for an immediate cut to support lending. On these and other topics - in our review of key events for the morning of July 31.

Highlights of the morning: the Fed kept rates on hold, OpenAI doubled revenue, Figma IPOs

The dollar, on the other hand, rose nearly 1%: this could be its biggest rise in a single day this year

U.S. stocks went from rising to falling after Powell's comments

Trump renewed calls for a rate cut hours before the regulator's decision was published