Wall St Week Ahead: Nvidia Earnings Aug. 26 and Jackson Hole Aug. 27–29 to Test Pillars of Stock Rally
- Nvidia is expected to report ~97% sales growth to $92.1B and 99% EPS growth to $2.09 on Wednesday after the close; Morningstar models $361B data-center revenue in fiscal 2027 and sees the stock as moderately undervalued vs. $280 fair value (Reuters, Morningstar, IBD).
- Fed Chair Kevin Warsh makes his Jackson Hole debut Aug. 27–29 amid 'confusing messaging' and an activist Treasury posture; July PCE due before the symposium could reset rate-cut expectations (ActionForex, Reuters).
- Nvidia trades ~8% off its mid-May record; Q2 S&P 500 earnings growth is running51.6% y/y, the highest since 2021, leaving the bar high but valuations more attractive after the AI-stock pullback (ActionForex, Reuters).