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Home Market Research Business

Temu owner PDD Holdings stock gains as Nvidia earnings countdown begins

by TheAdviserMagazine
11 months ago
in Business
Reading Time: 1 min read
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Temu owner PDD Holdings stock gains as Nvidia earnings countdown begins
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Second quarter results from Abercrombie & Fitch (ANF), Kohl’s (KSS), and Best Buy (BBY) next week will continue to beat the drum of retail earnings after reports from America’s big box stores, Walmart (WMT) and Target (TGT).

But it’s Nvidia’s (NVDA) earnings that will be the star attraction, as the AI chipmaker’s stock has an 8% weighting in the S&P 500 (^GSPC).

As Yahoo Finance Senior Tech Editor Dan Howley writes, investors will be squarely focused on Nvidia’s data center business — even more so since the company announced a new gigascale networking plan that will combine the performance of multiple data centers to create one massive GPU. And many will be eager to hear more about a new China chip Nvidia is developing with the Trump administration.

Here’s a look at next week’s earnings calendar, marking a sort of grand finale for the second quarter reporting season:

Monday: PDD Holdings (PDD)

Tuesday: BMO (BMO), MongoDB (MDB), Okta (OKTA), PVH (PVH)

Wednesday: Nvidia (NVDA), Abercrombie & Fitch, CrowdStrike (CRWD), Five Below (FIVE), HP (HP), Kohl’s, Pure Storage (PSTG), Snowflake (SNOW), The J.M. Smucker Company (SJM), Urban Outfitters (URBN), Williams-Sonoma (WSM)

Thursday: Affirm (AFRM), Best Buy (BBY), Bath & Body Works (BBWI), Dick’s Sporting Goods (DKS), Dell (DELL), Dollar General (DG), Gap (GAP), Marvell (MRVL), Petco (WOOF), TD Bank (TD), Ulta (ULTA)

Friday: Alibaba (BABA)



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