Nvidia Earnings Loom as AI Volatility Tests US Stock Market

Investors are bracing for Nvidia’s earnings as AI-driven volatility continues to shake U.S. equities in early 2026.

The semiconductor giant’s results arrive amid uneven performance across megacap technology stocks that previously powered the market rally.

Despite heavy AI infrastructure spending by hyperscalers, expectations for Nvidia remain exceptionally high, limiting room for upside surprises.

Analysts forecast a 71% quarterly earnings jump on $65.9 billion in revenue, with wide dispersion in full-year estimates.

With a 7.8% weighting in the S&P 500, Nvidia’s performance could significantly influence broader market direction.

Investors will closely watch CEO Jensen Huang’s comments for signals on AI demand, capital spending returns, and industry momentum.

Software leaders including Salesforce and Intuit also report, as the sector faces mounting AI disruption concerns.

Outside tech, earnings from major retailers and shifting sector rotation trends underscore a fragile market backdrop.

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