After the close, the market will get the most important earnings report of the season.... No pressure at all.
Good results from Nvidia could unleash some of the $7 trillion parked in cash, Bloomberg muses, and spur stocks even higher perhaps to new all time highs (and vice versa). Not long ago, this would have been the headline event on every market calendar but as DB's Jim Reid writes, the relentless stream of trade and geopolitical headlines in 2025 has pushed AI – at least as an investment theme – a little more into the shade.
The focus for the quarter will center around margin performance, but the higher-level debate still centers around trajectory of numbers into 2026 and the moving pieces around tariffs and geopolitics.
