SpotGamma founder Brent Kochuba appeared on CNBC on Wednesday morning to share his belief that NVIDIA's (NASDAQ:NVDA | NVDA Price Prediction) Q2 earnings today, August 26, is the most important news event in this earnings cycle.
Wednesday, August 26th, 2026 Pre-market futures are basically mixed at this hour, following a truckload of economic data hitting the tape a few minutes ago. The all-important price indexes from the U.S. Bureau of Economic Analysis (BEA), including a first update on Q2 Gross Domestic Product (GDP).
Par Pacific and HF Sinclair have outpaced NVIDIA this year as war-driven fuel disruptions tighten supply and keep U.S. refining margins strong.
While Nvidia (NVDA) shares have lagged behind other semiconductor peers like Intel (INTC), AMD Inc. (AMD), and Broadcom (AVGO), price action has showed resilience similar to the S&P 500 (SPX). Rick Ducat highlights key support and resistance areas to watch into Nvidia's earnings as Wall Street braces for moves across sectors after the report.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is expected to report another huge jump in sales on Wednesday as investors look for evidence that the artificial intelligence spending boom still has room to run. Analysts tracked by Visible Alpha expect revenue of around $92.2 billion for the second quarter ended July 26, slightly above Nvidia's own guidance of $91 billion, plus or minus 2%.
Macro strategists and global portfolio managers have their hands full on this final week of August. As we said recently, this is no time to mail it in before Labor Day in the U.S. And for equity traders and bottom-up analysts, NVIDIA (NVDA) writes the storyline in the sessions ahead.
Nvidia (NVDA) earnings are just around the corner, as are other notable tech reports like CrowdStrike (CRWD), Salesforce (CRM), and Okta Inc. (OKTA). Investors also need to navigate the latest geopolitical volatility through the U.S.'s economic sanctions on Iran.
Ahead of the bell US stock futures went nowhere on Wednesday morning, which tells you plenty about how much is riding on the next 12 hours. Contracts on the Dow Jones Industrial Average and the S&P 500 sat close to flat, while the tech-heavy Nasdaq 100 slipped 0.2% after Tuesday's broad gains.
Investors who put $1,000 into Nvidia (NASDAQ: NVDA) stock two months ago have gained about $109 ahead of the company's highly anticipated earnings release.
US stock futures were little changed on Wednesday as Wall Street prepared for a rare double test: Nvidia's quarterly results and the Federal Reserve's preferred inflation gauge. Dow futures hovered around flat, while S&P 500 and Nasdaq 100 futures slipped about 0.1% and 0.25%.
Traders on Polymarket, an online exchange where users bet on the outcome of real-world events, put a 97% chance on Nvidia beating Wall Street's profit forecast when the chipmaker reports after the US close on Wednesday. The contract resolves on whether adjusted earnings exceed $2.08 a share, and has held above 95% for most of the past fortnight on volume of just over $32,000.
While Nvidia's (NASDAQ: NVDA) 2026 decision to increase its dividend yield from 0.018% to 0.47% benefits all shareholders, few individuals will receive a greater annual payment from it than the company's CEO, Jensen Huang.