Nvidia(US:NVDA) 智通财经网·2025-08-24 01:23Core Viewpoint - The Federal Reserve Chairman Jerome Powell's comments have opened the door for potential interest rate cuts, leading to a significant rebound in risk assets, with the Dow Jones Index hitting its first record close of the year and the S&P 500 ending a five-day decline [1] Group 1: Nvidia's Earnings Impact - Nvidia's upcoming earnings report is seen as a critical test for the entire AI trading logic, with expectations of $45.9 billion in revenue for Q2 and a 48% year-over-year increase in earnings per share [1] - Nvidia has become synonymous with the AI market, and its performance is expected to have a rapid ripple effect across the entire AI supply chain, which has been a major driver for the S&P 500's rise this year [2] - The stock's recent surge has not only supported the tech sector but has also buoyed the overall market, with Nvidia recently becoming the first company to surpass a $4 trillion market capitalization [1] Group 2: Market Sentiment and Tech Sector - Recent weakness in tech stocks is attributed to cautious sentiment regarding the AI industry's outlook, with warnings from industry leaders about potential overexcitement and market bubbles [2] - Major cloud companies like Google, Microsoft, and Amazon have raised their capital expenditure forecasts, which is favorable for Nvidia, as demand for AI chips is expanding beyond large-scale companies to a broader range of industry clients [2] Group 3: Upcoming Economic Indicators - Investors are anticipating key economic data next week, including the Personal Consumption Expenditures (PCE) price index, which is favored by the Federal Reserve [3] - Economists expect the core PCE index for July to remain unchanged at 0.3% month-over-month, with a slight year-over-year rebound to 2.9%, which may not disrupt the Fed's plans for a rate cut in September [3]