Stock Market Movement and Earnings Reports
The stock market experienced a decline last week, with concerns about rising bond yields and the Federal Reserve's potential slowdown in interest rate reductions. This week, investors will be closely watching the earnings reports of companies like Nvidia, the maker of artificial-intelligence chips. Nvidia is scheduled to report its third-quarter earnings on Wednesday, and investors will be interested in both its financial performance and its ability to increase sales of its Blackwell AI chips. Additionally, Super Micro Computer is facing a deadline to regain compliance with listing requirements on the Nasdaq exchange. The company plans to submit a compliance plan by Monday. Overall, the stock market movement and earnings reports are the key focus this week.