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Markets Brace for Nvidia Results as Treasury Yields Jump

The chipmaker’s update will show if the AI spending boom still outweighs rising borrowing costs.

Overview

  • Nvidia, which reports first‑quarter results Wednesday after the close, is expected to post adjusted earnings of $1.78 per share on $79.2 billion in revenue.
  • Nvidia shares hit a record Thursday after Reuters said Alibaba, Tencent, ByteDance, and JD.com were cleared to buy H200 chips, then eased during Friday’s broader selloff.
  • Analysts say many large investors are cautious heading into the release, which could magnify the stock’s move if Nvidia beats or misses expectations.
  • The 10‑year Treasury yield moved above 4.5% Friday, a level that has often pressured stocks, leaving traders focused on interest costs as a key risk.
  • Walmart reports Thursday, giving a fresh read on household budgets after April inflation ran at 3.8% year over year.