Nvidia earnings could move markets more than bond yields this week

Nvidia, the world's most valuable company at nearly $5.2 trillion, will report fiscal second-quarter earnings Wednesday after the bell, with analysts expecting revenue and profit to double year-over-year. The high expectations create significant risk of disappointment, though investors also await clarity on reported price hikes exceeding 15% for servers with Vera Rubin and Blackwell chips effective in early 2027. Nvidia shares are up nearly 7% this month. Wedbush analyst Matt Bryson expects Nvidia to exceed guidance, citing strong hyperscale spending and an unmatched supply position, though Bank of America warns of risk if demand slows.