Aug 27, 2026 · 10 min
Nvidia earnings set the tone before Warsh speech
Nvidia Results Mulled Ahead of Fed's Warsh Speech
Nvidia’s strong results could steer the market open just as investors prepare for Fed Chairman Kevin Warsh’s Friday speech.
- 1Nvidia beat expectations, posted strong revenue growth, and raised guidance ahead of Thursday’s market open.
- 2Investors are weighing whether Nvidia’s results will become the session’s dominant trading catalyst.
- 3Salesforce and CrowdStrike earnings add to the market’s focus on corporate results before Warsh speaks Friday.
Don't miss
The preview identifies Nvidia’s earnings beat and raised guidance as the key force likely to shape Thursday’s market open.
The brief
The Thursday market open is framed around Nvidia’s earnings beat, strong revenue growth, and raised guidance, making the chipmaker the clearest potential driver of trading.
The central tension is whether Nvidia’s results can command investor attention on their own or become part of a broader earnings-and-policy debate before Friday.
Salesforce and CrowdStrike also report, giving investors additional corporate results to assess as they position around the market’s next major catalyst.
The episode’s standout point is the collision between Nvidia’s upbeat outlook and the uncertainty surrounding Fed Chairman Kevin Warsh’s Friday speech.
What was said on this episode
10 statements · 5 positive · 5 negative
Core PCE indicates inflation remains high across many non-energy items.
“The large 3.7 percent annual PCE rise reflects oil, but core PCE of 3.3 percent indicates inflation remains high for many other items, too.”
Listen at 4:54
Second-quarter GDP growth of 1.5% remains historically anemic.
“1.5 percent remains anemic historically.”
Listen at 5:21
Weak GDP may indicate consumer restraint because spending comprises 70% of GDP.
“Consumer spending forms 70% of GDP, so continued GDP softness might suggest consumer restraint, something this week's Consumer Confidence Report hinted at.”
Listen at 6:07
Iran and Oman appeared close to a deal to reopen the strait, coinciding with falling Brent crude.
“benchmark Brent Crude fell a third day Wednesday as Iran and Oman appeared close to a deal to reopen the strait.”
Listen at 7:05
Lower Treasury yields from recent highs are helping support stocks.
“Treasury yields rose Wednesday despite the weak GDP data and mostly on target PCE, but are down 10 basis points from recent highs helping support stocks.”
Listen at 7:31
Meta shares rose 1% after settling a teen addiction case.
“Meta climbed 1% after the company reached a settlement with state attorney generals in a teen addiction case.”
Listen at 8:11
Intuit shares fell 3% despite beating estimates because guidance fell short.
“Intuit dropped 3% after surpassing analysts' earnings and revenue expectations, but coming up short in terms of guidance.”
Listen at 8:19
J.M. Smucker shares rose nearly 6% after beating earnings consensus and raising guidance.
“J.M. Smucker rose nearly 6% after topping consensus on earnings and raising guidance to top analysts' estimates.”
Listen at 8:27
Arm Holdings and Oracle strength may have reflected hopes for NVIDIA’s results.
“Strength might have reflected high hopes for NVIDIA's results.”
Listen at 8:39
Spire Therapeutics shares fell 11% after disappointing rheumatoid arthritis sub-study results.
“Spire Therapeutics fell 11 percent after sharing results from a rheumatoid arthritis sub-study that disappointed.”
Listen at 8:48
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.