<div id="readability-page-1">07:02 AM EDT, 05/20/2026 (MT Newswires) -- The main US stock measures were pointing higher in Wednesday's premarket activity as traders await tech bellwether Nvidia's ( NVDA ) latest financial results and minutes of the Federal Reserve's last policy meeting.The S&amp;P 500 rose 0.4%, the Dow Jones Industrial Average edged up 0.1% and the Nasdaq added 0.7% before the opening bell. The indexes finished Tuesday trading lower, with the Nasdaq and S&amp;P 500 recording losses for a third consecutive session.Shares of Nvidia ( NVDA ) increased 1.8% pre-bell, with the chipmaker scheduled to report its fiscal first-quarter results after the markets close. The current consensus on FactSet is for the company to report non-GAAP earnings of $1.75 per share and revenue of $78.91 billion for the quarter.Nvidia's ( NVDA ) sales are expected to outperform market projections, with potential for &#34;enhanced&#34; cash returns likely to be among the key areas of focus, BofA Securities said in a note e-mailed Tuesday.The Fed is scheduled to post minutes of its last policy meeting at 2 pm, which will be assessed for fresh insight on the central bank's monetary policy. Last month, the central bank held interest rates steady, saying the Middle East war is fueling uncertainty around the US economic outlook.Markets widely expect the Fed to keep its benchmark lending rate unchanged at its next policy meeting in June, according to the CME FedWatch tool.Treasury yields were down before the open, with the two-year rate retreating 3.3 basis points to 4.09% and the 10-year rate declining 1.8 basis points to 5.16%.President Donald Trump reportedly said Tuesday that the US may need to resume military strikes against Iran. Earlier in the week, Trump said the US postponed a planned attack on Tehran after leaders of Saudi Arabia, Qatar and the United Arab Emirates urged restraint amid &#34;serious&#34; ongoing negotiations.West Texas Intermediate crude oil decreased 1.9% to $102.17 a barrel in premarket action, while Brent dropped 2% to $109.02.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the EIA domestic petroleum inventories report at 10:30 am. Fed Governor Michael Barr is slated to speak at 9:15 am.Analog Devices ( ADI ) , TJX (TJX), Lowe's (LOW), Target ( TGT ) and Hasbro ( HAS ) are expected to post their earnings before the bell, among others. Intuit (INTU), Nordson ( NDSN ) and Urban Outfitters ( URBN ) release their results after the markets close.Gold nudged 0.4% lower to $4,493 per troy ounce, while bitcoin gained 0.9% to $77,457. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Nvidia will release its FY27 Q1 earnings report after the US stock market closes this Wednesday. This is not just a single quarter's performance, but a crucial battle in the global debate over "the golden age of AI vs. a repeat of the AI ​​bubble." Nvidia and Micron alone have contributed over 30% of the S&amp;P 500's year-to-date gains, and the Philadelphia Semiconductor Index has surged nearly 70% since the end of March—the market has pushed the AI ​​narrative to its extreme. Will this earnings report crown the story, or prick the bubble?

Nvidia will release its FY27 Q1 earnings report after the US stock market closes this Wednesday. This is not just a single quarter's performance, but a crucial battle in the global debate over "the golden age of AI vs. a repeat of the AI ​​bubble." Nvidia and Micron alone have contributed over 30% of the S&amp;P 500's year-to-date gains, and the Philadelphia Semiconductor Index has surged nearly 70% since the end of March—the market has pushed the AI ​​narrative to its extreme. Will this earnings report crown the story, or prick the bubble?

Nvidia Eyes $6 Trillion Market Cap — Can Q1 Earnings Deliver?

NVIDIA reports after Wednesday's US close, delivering its FY27 Q1 scorecard. Consensus pegs revenue near 78B and Data Center around 73B—that's the floor; the real fireworks sit in Q2 guide: blow past 90B or settle near 85B? Wall Street has already pushed the AI narrative to a 6T market cap, with NVIDIA alone driving a sizeable chunk of this year's S&amp;P 500 gains. This print decides whether the AI golden age gets crowned, or whether the first crack in the valuation bubble finally shows.

NVIDIA reports after Wednesday's US close, delivering its FY27 Q1 scorecard. Consensus pegs revenue near 78B and Data Center around 73B—that's the floor; the real fireworks sit in Q2 guide: blow past 90B or settle near 85B? Wall Street has already pushed the AI narrative to a 6T market cap, with NVIDIA alone driving a sizeable chunk of this year's S&amp;P 500 gains. This print decides whether the AI golden age gets crowned, or whether the first crack in the valuation bubble finally shows.

NVIDIA earnings coming, can the 6T story hold?

NVDU

US stock indexes rose in premarket trading ahead of Nvidia's earnings report and the Federal Reserve's meeting minutes. The S&P 500 increased by 0.4%, the Dow Jones by 0.1%, and the Nasdaq by 0.7%. Nvidia shares rose 1.8% as it prepares to report expected earnings of $1.75 per share. The Fed's minutes will provide insights into monetary policy, with expectations of unchanged interest rates in June. Treasury yields fell, and oil prices decreased ahead of economic reports.

- The US stock market was up in premarket trading, with the S&P 500 rising by 0.4% and the Nasdaq gaining 0.7%, as traders awaited Nvidia's financial results and the Federal Reserve's meeting minutes.  
- Nvidia's shares increased by 1.8% ahead of its earnings report, with expectations of non-GAAP earnings of $1.75 per share and revenue of $78.91 billion.  
- The Fed is expected to keep interest rates steady amid economic uncertainties due to geopolitical tensions, and various companies are scheduled to report earnings throughout the day.

Stocks Gain Pre-Bell Ahead of Nvidia Earnings, Fed Meeting Minutes