Yes, Dow Jones Industrial increased by 846 points on Friday, because the Federal Reserve President Jerome claimed that the interest rate may be a deduction in September.
No, Dow’s great gain was not managed by Nvidia (Nvda) next week’s earnings or Microsoft (MSFT) or apple (AAPL) or amazon.com (Amzn) .
So, what stocks do you ask? Don’t look other than Goldman Sachs (GS) Caterpillar (CAT) Home Depot (HD) and American Express (AXP) .
Their earnings alone produced 429 points or more than half of Dow’s total earnings. The index ended at the closing of 45,632.
Nvidia’s Dow Contribution-3-Point Earning or 1.7%-Endek added 18.5 points.
(The main reason why NVIDIA has such a small gain is that the four stock prices are much higher than the Nvidia and the Dow is a price -oriented index.
The rally on Friday pushed the blue chip index to the highest level of 52 weeks and a record close to a record. However, Dow had at least three major rally in this variable year:
However, Nvidia, which ends at $ 177.99 on Friday, increases $ 3.01 during the day.
The stock attracts great attention because it is the world’s most valuable company with its market value: 4.34 trillion dollars.
Wednesday brings his moment to shine. Financial second quarter earnings come after the market closes.
Investors are waiting for great results. For the next 12 months, it has increased its price targets on its shares on average $ 194 or 9% from the closing of Friday to 9%.
NVIDIA is expected to report a 54% increase compared to a year ago to $ 46 billion. Earnings per share: 98 cents 44.1%
Children interact with a humanoid robot in Nvidia Booth during the Third Chinese International Supply Chain Fair (CISCE) in Beijing in July.
Brian Mulberry, Customer Portfolio Manager of Zacks Investment Management, told Bloomberg News, saying, “What you see is accepted that the growth in Nvidia is a rock floor,” he said. “Analysts increase projections because they only need: stock will not slow down.”
NVIDIA shares increased by 32.5% this year and increased by 105% of post -April/tariff miscarriage.
Bloomberg said that this large Nvidia recovery added more than 180 points – roughly 11% to 1.632 points.
The stocks opened on Friday before Powell’s speech. Bilgi News Service, the company’s component suppliers designed for the Chinese market H20 AI chip to stop the production of production, he said.
Related: Nvidia earnings data center on demand high rod, Chinese agreement
China apparently wants Chinese companies to make the chip or equivalent.
The chip was designed because the Trump administration was reluctant to allow China to buy the most powerful Blackwell chips for national security.
Later, President Trump agreed to sell chips from Nvidia and to approve competitors advanced micro devices. (AMD) In exchange for the government’s collection of 15% of sales revenue, China.
Investors will want to learn more during the conference meeting, CEO Jensen Huang, will keep the gains after the release.
