Nvidia(US:NVDA) Xin Hua Cai Jing·2025-08-24 02:06Market Overview - The US non-farm payroll data for May and June was significantly revised downwards, leading to a dovish shift from Fed Chair Powell at the Jackson Hole global central bank meeting, resulting in a decline in US Treasury yields and the dollar, while US stocks surged [2] - The S&P 500 index rose by 0.27% for the week, approaching its historical closing high set on August 14, while the Dow Jones Industrial Average increased by 1.53%, reaching a new all-time high [2][4] - European stocks also saw gains, with the STOXX 600 index up 1.40% for the week, while Asian markets were mixed, with Japan's Nikkei 225 down 1.72% and India's SENSEX 30 up 0.88% [2][4] Currency and Commodity Markets - The US dollar index initially rose but fell by 0.12% to close at 97.72 after Powell's comments on employment market risks [3] - Precious metals saw gains, with spot gold rising to $3,371.54 per ounce, up 1.07%, and COMEX silver futures increasing by 2.38% to $38.88 per ounce [3][4] - Crude oil prices also rose, with WTI crude up 2.89% to $63.77 per barrel and Brent crude up 2.17% to $67.28 per barrel [3][4] Nvidia Earnings Expectations - Nvidia is set to release its Q2 FY2026 earnings on August 27, with expected revenue of $45.8 billion, reflecting a year-over-year growth of 52.4% [5] - Analysts are particularly focused on the demand structure for AI chips, the ramp-up of Blackwell chip production, and the outlook for the Chinese market [5] - Nvidia's revenue is anticipated to be driven primarily by its data center business, which is expected to generate $42-43 billion, a 64% year-over-year increase [5] Alibaba and Pinduoduo Earnings Forecast - Alibaba is scheduled to announce its Q1 FY2026 results on August 29, with expected revenue of 249 billion yuan, a 2% year-over-year increase [7] - Analysts predict a decline in adjusted EBITA by 15% to 38.2 billion yuan due to increased investment in flash sales [7] - Pinduoduo is expected to report Q2 FY2025 earnings on August 25, with anticipated revenue of 103.2 billion yuan, a 6.32% year-over-year increase, but a significant drop in earnings per share [8]