Daily Summary - Wall Street Awaits Nvidia Earnings (25.02.2026)
Market Overview
Wall Street indices are experiencing a positive session as investors eagerly await Nvidia's earnings report. The Nasdaq 100 has increased by approximately 1%, while the S&P 500 has gained around 0.7%. Nvidia, currently the largest publicly traded company, is expected to report a revenue increase of nearly 70%, reaching close to $66 billion.
Nvidia's Performance
Nvidia's shares have risen over 2% ahead of the earnings announcement, trading near record levels. The options market indicates a potential price movement of about 5% in either direction following the report. Additionally, Nvidia's peers, including TSMC and ASML, are also at all-time highs, and Nvidia's customers have reported expectations for record capital expenditures.
Currency and Commodities
The US dollar is facing slight pressure, with the EUR/USD pair rising above the 1.18 level. Gold prices have increased by more than 1%, surpassing $5,200, while silver has climbed above $90, reflecting global uncertainty regarding tariffs and geopolitical issues.
Political Landscape
In his State of the Union address, Donald Trump reiterated his tariff strategy and expressed a desire to negotiate a new agreement regarding Iran. This has implications for market sentiment and commodity prices.
Cryptocurrency Market
The cryptocurrency market is showing strong momentum, with Bitcoin rising 7% to nearly $69,000 and Ethereum increasing by 11% to above $2,000.
Corporate Developments
Warner Bros has indicated that Paramount has submitted a new buyout offer at $31 per share, which may surpass Netflix's previous bid.
Economic Indicators
Monthly inflation data from Australia has exceeded expectations, increasing the likelihood of another rate hike by the Reserve Bank of Australia (RBA), leading to a nearly 1% gain in AUD/USD. Meanwhile, the Japanese yen remains weak, with USD/JPY rising above 156 due to speculation about the government's preference for a weaker currency.
Crude Oil Market
Crude oil prices remain high amid concerns over potential US military action against Iran. Despite Trump's preference for a peaceful resolution, his comments about Iran's nuclear activities have heightened fears of imminent strikes. US crude inventories have risen significantly, with a reported increase of nearly 16 million barrels, far exceeding the expected 2 million barrel build.
Technical Issues
The CME has reported a technical failure, leading to the suspension of trading in natural gas and metals, coinciding with important upcoming futures contract dates.