Nvidia earnings, May FOMC minutes: What to Watch Next Week

Nvidia (NVDA) will post its first-quarter earnings results next week alongside Lowe’s (LOW), TJX Companies (TJX), Target (TGT), e.l.f Beauty (ELF), Dollar Tree (DLTR), and more.

The Federal Reserve will release its FOMC meeting minutes for May on Wednesday at 2 p.m. EST.

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This post was written by Nicholas Jacobino

Video Transcript

I'm now for to watch next week.

Starting off on the earnings front, we're going to get see another big batch of earnings next week but all eyes of course are going to be on in video.

The tech G is the last of the magnificent seven to report this season company announcing first quarter earnings for fiscal year 2024 after the bell on Wednesday, analysts expecting a video to report another strong beat and raise from rapidly growing A I investments and sticking with earnings will also get reports from target synopsis and beauty among others, target announcing first quarter earnings ahead of the open on Wednesday.

That company hampered by tight consumer spending according to analysts and revenue could remain under pressure as consumers continue to focus on essential goods over discretionary.

And finally, the fed is releasing its minutes from the FFO MC meeting on Wednesday afternoon.

We're going to get more insight into fed officials thinking around monetary policy as we wait for the next meeting in June.

This coming out some commentary today from fed Governor Michelle Bowman reiterating that she's willing to hike rates if needed