As Nvidia prepares to announce its Q4 earnings on Wednesday, U.S. markets are poised for a pivotal week. Analysts project record revenue of $38.32 billion, up 73% year-over-year, driven by surging AI chip demand. Nvidia's performance is expected to influence AI-related stocks and broader market sentiment. Meanwhile, inflation remains a concern, with January's CPI rising to 3%. Investors are closely watching the Federal Reserve's preferred inflation gauge, the PCE index, set for release on Friday, which could shape future interest rate decisions.
Sources: Financial Modeling Prep