Nvidia to report Q1 earnings as Middle East deals, export control reprieve boost stock

Image source: Unsplash

Nvidia will report its fiscal first quarter results after the bell on Wednesday in the most-anticipated earnings announcement of the season.

Nvidia stock has fluctuated wildly since the start of the year as the company has dealt with setbacks ranging from the Trump administration's ban on shipments of its H20 chips bound for China to concerns related to expected semiconductor tariffs. Yahoo Finance reports.

💶 The trade truces are undoubtedly bullish — but mask unresolved issues: If investors have already glimpsed a preview of how the market can climb out of its funk — a reciprocal tariff pause — the start of the trading week was a reminder of what it will take for Wall Street to hit its stride: more trade deals. But just because the solution seems straightforward doesn’t mean it will be easy to come by.

Stocks rallied on Tuesday after the European Union agreed to fast-track trade talks with Washington, a diplomatic breakthrough that arrived just as tensions were rising. President Trump announced the US would delay the 50% tariffs on the bloc until July 9. Yahoo Finance reports.

🛍️ US consumer confidence rebounds after five straight months of declines amid tariff anxiety: Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs.

The Conference Board said Tuesday that its consumer confidence index rose 12.3 points in May to 98, up from April’s 85.7, its lowest reading since May 2020. AP reports.

🚀 SpaceX woes continue as Starship suffers another setback: It was a crucial moment for Elon Musk’s aerospace company as it has previously experienced several high-profile failures. Once again SpaceX’s Starship has failed to complete a successful test run, with contact lost about 46 minutes into the flight, and the vessel breaking apart over the Indian Ocean upon its re-entry.

This was the Starship’s ninth test flight (27 May), which saw the spaceship take off from the Starbase in Texas. Initially, all went according to plan as the Super Heavy booster performed a full-duration ascent and successfully detached from Starship’s upper stage. As seen in the live feed however, upon re-entry into the Earth’s atmosphere, the booster exploded before the planned splashdown. Silicon Republic reports.

🍯 Honeywell expected to add Elliott's Marc Steinberg to board: Honeywell is expected to appoint Marc Steinberg, a partner at activist Elliott Investment Management, to its board later on Wednesday, the Wall Street Journal reported.

Steinberg's role would be effective at the end of the month, the report said, citing people familiar with the matter. Yahoo Finance reports.

🖥️ Nvidia suppliers ramp up AI server production after technical snag: NVIDIA suppliers, including industry leaders like Foxconn, Inventec, Dell, and Wistron, have overcome technical challenges that previously delayed shipments of Nvidia’s flagship AI data center racks, the Financial Times reported on Tuesday. This development marks a significant stride in the company’s efforts to enhance its global sales initiatives. Yahoo Finance reports.

🛍️ Macy's beats lowly earnings expectations as the retailer faces tariffs and cautious consumers: Macy's continues to face questions about its future as it beats muted first quarter earnings estimates on Wednesday morning.

Revenue fell 5.1% year over year to $4.6 billion, but beat analyst estimates of $4.46 billion. Adjusted earnings per share dropped 40.7% to $0.16, compared to expectation of $0.14. Macy's same-store sales decreased 1.2% year over year, beating estimates of a 3.85% decline. Yahoo Finance reports.

🚙 Elon Musk pledges his own RTO as Tesla sales continue to weaken: Tesla CEO Elon Musk’s latest pledge for his own RTO comes as more negative data emerges. Per the European Automobile Manufacturers Association, Tesla EV registrations (a proxy for sales) in Europe fell a whopping 49% in April compared to a year ago, to 14,228.

Meanwhile, overall EV registrations in the region (which includes the UK and the European Free Trade Association) rose 34.1% in April, with overall registrations down 0.3%. Tesla’s April drop marks its fourth straight down month in Europe, while other reports show EVs from Volkswagen, BMW, and China’s BYD making gains. Yahoo Finance reports.

🏦 Minutes of Fed's May meeting likely to show officials grappling with uncertainty: The U.S. Federal Reserve at its May 6-7 meeting undercut expectations that it would change its policy interest rate anytime soon, and minutes from that session released on Wednesday may show just how firmly policymakers are holding onto their current wait-and-see approach. The minutes will be released at 2 p.m. EDT. Reuters 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) $SGBX: Safe & Green Holdings

Total gain: +207.41%

2) $BROG: Brooge Energy

Total gain: +73.66%

3) $ZSPC: ZSPACE

Total gain: +34.45%

4) $SGD: Safe & Green Development

Total gain: +34.10%

5) $LVWR: LiveWire Group

Total gain: +24.21%

The closing price of the top three market percent gainers trading near or above $3 on May 27.
Benzinga reports.

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

1) $SBET: SharpLink Gaming

Total gain: +433.92%

The company announced that it has entered into securities purchase agreements for a private investment in public equity, involving the purchase and sale of 69,100,313 shares of common stock at a price of $6.15 per share, for expected aggregate gross proceeds of approximately $425,000,000 before deducting placement agent fees and other offering expenses. Benzinga reports.

2) $LVWR: LiveWire Group

Total gain: +142.57%

The stock appeared to be moving on no notable news.

3) $IMNN: Imunon

Total gain: +97.36%

The company announced that an abstract highlighting IMNN-001 data—based on an immune biomarker analysis from the Phase 2 OVATION 2 Study in women with newly diagnosed advanced ovarian cancer—was accepted for poster presentation at the European Society for Medical Oncology (ESMO) Gynaecological Cancers Congress 2025. Benzinga reports.

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

NDSN: Nordson
2Q 2025

Before Market Open
Estimate: 2.360
Actual: N/A

NVDA: NVIDIA
1Q 2026

After Market Close
Estimate: 0.750
Actual: 0.214

HPQ: HP
2Q 2025

After Market Close
Estimate: 0.800
Actual: N/A

Time (ET) / Report / Period

4:00 am - Minneapolis Fed President Neel Kashkari speech in Tokyo

2:00 pm - Minutes of Fed's May FOMC meeting

"The best investment strategy is to buy quality businesses, pay a fair price, and then do as little as possible."

- Terry Smith

Sourced in: "Investing for Growth: How to Make Money by Only Buying the Best Companies in the
0World – An Anthology of Investment Writing", by Terry Smith, published in 2020