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Nvidia earnings and PCE inflation data take centre stage

Gaining traction — growing article coverage and momentum.

Score
0.5
Velocity
▲ 8.0
Articles
8
Sources
2

Top Movers

TickerSectorChange
Technology+0.0%
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AI Overview

Nvidia earnings and PCE inflation data take center stage

What happened: Nvidia (NVDA) reported Q2 revenue of $96.22 billion and adjusted earnings of $2.22 per share, both exceeding analyst estimates. The company's stock surged following the results, with revenue more than doubling year-over-year. Nvidia also guided for 70% revenue growth in fiscal year 2028. Meanwhile, investors awaited PCE inflation data and monitored a trade dispute between the US and an unnamed country.

Market impact: The tech sector, particularly semiconductor stocks, rallied on Nvidia's strong performance. The Nasdaq Composite jumped 1.57% led by Nvidia's 7.1% gain. The S&P 500 also advanced, with the Dow Jones Industrial Average posting modest gains. However, broader market sentiment was cautious ahead of Nvidia's earnings and PCE inflation data.

What to watch next: Investors will closely monitor Nvidia's upcoming earnings calls for further guidance on its growth prospects. The next PCE inflation data release on August 29 will provide insights into the Federal Reserve's potential policy adjustments. Additionally, developments in the US trade dispute will continue to shape market sentiment.
AI Overview as of Aug 28, 2026

Timeline

First SeenAug 27, 2026
Last UpdatedAug 28, 2026