Nvidia's Q2 Earnings: A Major Test for AI Dominance

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Nvidia's Q2 Earnings: A Major Test for AI Dominance. 🤖 The company is set to announce its second-quarter earnings on Wednesday, with investors eagerly watching for signs of continued strength in the AI market. Expectations are high, as Nvidia's data center business is projected to show significant growth, potentially solidifying its position as a leader in AI chip technology. Yahoo Finance reports.

🚨 PavelArrested: Telegram CEO Pavel Durov was arrested as part of a judicial inquiry, says French President Macron. Yahoo Finance reports.

🌐 TransparenAI: OpenAI supports California AI bill requiring 'watermarking' of synthetic content. Reuters reports.

📅 AppDate: Apple announces iPhone event for September 9. CNBC reports.

⚖️ TesLaw: Tesla can challenge Louisiana direct sales ban, US appeals court rules. Yahoo Finance reports.

🌌 EmptyOrbit: Boeing Starliner returning empty as NASA turns to SpaceX to bring astronauts back from ISS. CNBC reports.

✈️ ElliVate: Elliott ups stake in Southwest Air, advancing overhaul push. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $TRIB: Trinity Biotech
Total gain: +89.16%

2. $SMFL: Smart for Life
Total gain: +53.7%

3. $SOPA: Society Pass
Total gain: +27.88%

4. $TANH: Tantech Hldgs
Total gain: +24.35%

5. $SUGP: SU Group Holdings
Total gain: +13.22%

*Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.

POSSIBLE SEPTEMBER RATE CUT

The investment community is expecting an interest rate cut on September 18. Avi Salzman, a Barron’s writer, thinks it increasingly looks like a “sell the news” event—particularly if the cut is a quarter percentage point instead of a half. In prediction markets, about twice as many people are expecting a smaller cut.

The problem: September has mostly brought misery to the market in the past few years, and the setup looks dicey again. For the past four Septembers, the market has fallen 3.9%, 4.8%, 9.3%, and 4.9%. “We’re heading into a seasonally difficult period with a series of potentially market-moving data points—with a significant amount of good news already priced in,” wrote Interactive Brokers chief strategist Steve Sosnick.

The closing price of the top three market percent gainers trading near or above $3 on August 26.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $MRM: MEDIROM Healthcare Techs
Total gain: +130.65%
The stock appeared to be moving on no notable news.

2. $NEON: Neonode
Total gain: +21.62%
The stock appeared to be moving on no notable news.

3. $RITR: Reitar Logtech Holdings
Total gain: +21.45%
The stock appeared to be moving on no notable news.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars


BOX: Box
2Q 2025
After Market Close
Estimate: 0.400
Actual: N/A

PVH: PVH
2Q 2024
After Market Close
Estimate: 2.290
Actual: N/A

YY: JOYY
2Q 2024
After Market Close
Estimate: 0.890
Actual: N/A

Time (ET) / Report / Period

9:00 am - S&P Case-Shiller home price index (20 cities) - June
10:00 am - Consumer confidence - August

“The best thing we can do for our shareholders is to make sure that they get good returns from their investments, not by making wild promises but by being honest and straightforward.”

― Warren BuffettSourced in:
“Berkshire Hathaway Letters to Shareholders”, by Warren Buffett - Berkshire Hathaway