Shares of Nvidia Corp. (NASDAQ: NVDA) have retreated 6.4% in the past week on concerns about an AI bubble ahead of the chipmaker's third-quarter report.
The Alger Concentrated Equity ETF outperformed the Russell 1000 Growth Index during the third quarter of 2025. NVIDIA Corporation (NVDA), Nebius Group N.V. (NBIS) and Astera Labs, Inc. (ALAB), were among the top contributors to performance. Netflix, Inc. (NFLX), GFL Environmental Inc (GFL), and Twilio, Inc. (TWLO), were among the top detractors from performance.
Nvidia is set to report its third-quarter earnings after the bell Wednesday, with analysts forecasting a 56% year-on-year surge in sales. Richard Kelly, Head of Global Strategy at TD Securities, tells CNBC investors should be cautious around soaring AI valuations, but notes the tech sector's heavy investments haven't yet translated into significant GDP growth or affected the broader economy.
Nvidia's move to use smartphone-style memory chips in its artificial intelligence servers could cause server-memory prices to double by late 2026, according to a report published on Wednesday by Counterpoint Research.
European stocks are set for a soft open on Wednesday as questions continue over tech stocks.
The releases will provide key signals for investors after a significant market pullback.
A lot is at stake when the world's most valuable public company reports earnings Wednesday.
The U.S. stock market is slipping again on Tuesday, following a global sell-off, as Nvidia, bitcoin and other Wall Street stars keep falling on worries that their prices shot too high. Home Depot is also dragging the market lower after saying it made less in profit during the summer than analysts expected.
Nvidia has been resting on an inflection point in recent session.
As the AI sector braces for Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)'s quarterly results on Wednesday, market eyes are fixated on the chipmaker that has become the backbone of the artificial intelligence revolution. Analysts expect a blockbuster quarter, with revenues forecast to hit $55.19 billion, a 57% increase year-over-year, and net income projected at $30.85 billion, up 55% from a year ago.
AI infrastructure growth extends beyond Nvidia (NVDA) and chips, with networking and power sectors offering significant investment opportunities. High-speed networking is essential for AI data centers, benefiting companies like NVDA, Broadcom (AVGO), Marvell (MRVL), Celestica (CLS), and Arista Networks (ANET). Power infrastructure and utilities are critical bottlenecks; energy midstream (ET, EPD) and utilities (NEE, CEG, DUK, AEP, XLU) stand to gain from AI-driven demand.
The most anticipated quarterly earnings of the month will be announced on Wednesday, November 19, as AI chip giant Nvidia Corporation (Nasdaq: NVDA) reveals financial results for its 2026 fiscal third quarter.