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Fortune
Fortune
Jason Ma

Dow eyes fresh highs as Nvidia gets set to report earnings amid AI bubble fears

Nvidia Jerome Powell Inflation Nasdaq United States US Federal Reserve
(Credit: Johannes Eisele—AFP/Getty Images)
  • U.S. stocks are set to begin the week leaning higher, coming off a monster rally on Friday, when Federal Reserve Chair Jerome Powell opened the door to rate cuts next month. But doubts have grown about the AI boom, and Wall Street’s faith in its prospects could be tested when Nvidia reports quarterly earnings on Wednesday.

Stock futures edged up on Sunday evening as Wall Street looks ahead to another big week that will feature earnings from AI chip leader Nvidia and another inflation update.

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