Nvidia"s upcoming earnings report is generating significant anticipation, overshadowing geopolitical tensions, including Russia"s warning of a nuclear response to Ukraine"s missile strikes. U.S. markets showed resilience, with the S&P 500 and Nasdaq closing higher, while Qualcomm projected $22 billion in additional annual revenue by 2029. Investors are keenly focused on Nvidia"s performance and its next-generation Blackwell chips, which are critical for maintaining its lead in the AI chip market.
Global markets reacted sharply to escalating U.S.-Russia tensions, with stocks falling and investors seeking safe-haven assets. Putin"s revised nuclear doctrine expands conditions for nuclear retaliation, coinciding with U.S. support for Ukraine"s use of long-range missiles, raising fears of potential escalation. Oil prices also dipped despite the conflict"s intensifying nature.
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