Dell earnings, housing data, Fed commentary: What to Watch

00:01 Speaker A

Now time to watch, Thursday, August 28th.

00:04 Speaker A

We will start from the earnings front and we get a big profit, including the dollar general, Dell and Marvell on Thursday.

00:12 Speaker A

Dell announced the results for the second quarter after the market closure. The analyst expects Dell to bring about 7 billion out of AI server sales in the second quarter, and that Nvidia gets support from the new Blackwell chips, which are expected to give even bigger AI orders for Dell.

00:27 Speaker A

And some new housing data comes on Thursday with the house sales that go to the houses and waiting for home sales. Economists estimate that sales decrease by 0.2% annually, indicating that a healing and housing market is still cool, but not as much as before, but not before.

00:46 Speaker A

And by taking a look at the Federal Reserve, we’ll get a little more fed comments on Thursday. This time the Fed Governor Christopher Waller.

00:52 Speaker A

This opposes a contentious background between President Trump and Fed Governor Lisa Cook. Trump is trying to remove Cook from his position, and Cook is expected to file a lawsuit against Trump’s movement, according to his lawyer.