Nvidia(US:NVDA) 智通财经网·2026-02-23 00:06Group 1: Market Reactions and Economic Indicators - The U.S. stock market reacted positively to the Supreme Court's ruling, with major indices closing higher; the S&P 500 rose by 0.7%, the Dow Jones increased by 0.5%, and the Nasdaq gained 0.9% on Friday [1] - Oil prices increased by approximately 5.5% last week, driven by concerns over potential disruptions in supply due to U.S. actions against Iran, resulting in a monthly return of about 11% [1] - The upcoming Producer Price Index (PPI) data is anticipated to provide insights into upstream input costs amid persistent inflation above the Federal Reserve's 2% target [2] Group 2: Corporate Earnings and Economic Data - Nvidia's fourth-quarter earnings report is expected to be a key indicator for the AI trading landscape, with results due on Wednesday [2] - Salesforce's earnings on Wednesday will help gauge the software sector's sell-off, which has significantly impacted the industry [3] - Home Depot and Lowe's earnings reports will serve as alternative indicators for the real estate market [3] Group 3: Tariff and Trade Policy Developments - The Supreme Court ruled against a significant portion of Trump's tariff system, stating that the International Emergency Economic Powers Act (IEEPA) does not grant the president broad authority to impose tariffs [4] - Following the ruling, Trump announced a new 10% global tariff, which was later increased to 15%, indicating a shift in trade policy despite the court's decision [6] - The potential for a refund of tariffs, estimated at $175 billion, is now under consideration by the trade court, with companies likely to file for refunds [5] Group 4: Geopolitical Risks and Oil Market Implications - Oil prices have risen by 15% since early 2026, largely due to tensions with Iran, with potential military actions being considered by the U.S. [7] - The Strait of Hormuz, a critical shipping route for approximately 20 million barrels of oil daily, remains a focal point for market concerns regarding geopolitical stability [7] - Analysts suggest that if U.S. military actions against Iran are limited, oil prices may spike temporarily by about $10 per barrel, but could stabilize quickly [7][8]