Nvidia results and Anthropic IPO to test AI trade's resilience

reuters.com [$] —

Nvidia's quarterly results and Anthropic's IPO next week will test the AI trade that has driven stock market gains but recently shown vulnerability. The outcomes could significantly impact investor sentiment. Nvidia, now under interim CEO Colette Kress, reports Tuesday with analysts expecting 90% earnings growth on $109 billion revenue. Its market value has fallen from $5.8 trillion to roughly $4 trillion since early October. Anthropic's IPO, valuing the company up to $1.4 trillion, begins trading Thursday. Weak performance in either event could signal investor stress, while US retail sales data Tuesday will also gauge consumer health amid inflation concerns.


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