Markets face a reasonably quiet week, but it will be dominated by Wednesday's Nvidia (NVDA) earnings and Alphabet's two-day developer conference, creating a critical test for AI infrastructure investment sustainability and technology sector leadership.
Nvidia's results will be scrutinized for evidence that massive data center spending can justify current valuations amid ongoing questions about return on AI capital expenditures, while Alphabet's conference will showcase the latest AI model capabilities and product integrations that could influence competitive positioning against Microsoft and other rivals.
