NVIDIA's Q3 earnings report is imminent, and analysts are optimistic about revenue performance

According to Jin Ten, Nvidia will report its third-quarter results after the U.S. stock market close next Wednesday, and analysts expect the artificial intelligence chip leader to see a significant increase in revenue. Investors will look for signs of sales of Nvidia's latest Blackwell processors and demand for artificial intelligence chips from hyperscale enterprises.
In addition, many major US retailers will report their quarterly results next week. Walmart general merchandise is scheduled to release its third-quarter results after the US stock market on Tuesday. It expects stronger-than-expected same-store sales growth and raises its full-year forecast. Next up is Target, a large US retailer, which is expected to report third-quarter revenue growth on Wednesday. Markets are eager to learn about retailers' holiday shopping plans, consumer health and spending trends after the US Presidential Election.