Nvidia earnings meets Jackson Hole – a double‑catalyst week. Where are the opportunities?

How Is The Earning Move Work

For event-driven moves like earnings, options market makers generally price the range at roughly ±2 standard deviations. Halve the implied move and you get a rough read on what the stock swings on a normal day.

Take $NVIDIA(NVDA.US): the implied move is currently close to near ±7%, which lines up with a typical daily range of about 3.5%. Knowing how much a name can travel — and how it tends to behave around a print — is what lets you size and hedge before the number lands, not after.

The week's focal points: tech, led by NVIDIA after Wednesday's close, then software and retail on Thursday.

AI & semis: $NVIDIA(NVDA.US) (AI chips), $Marvell Tech(MRVL.US)(custom ASICs), $$Synopsys(SNPS.US)(EDA / chip design tools)

Enterprise software: 

$Salesforce(CRM.US) (CRM), $Intuit(INTU.US) (tax & accounting software), $Workday(WDAY.US) (HR and finance cloud), $Autodesk(ADSK.US) (design software), $Zoom Communications(ZM.US)  (collaboration)

Cybersecurity:$CrowdStrike(CRWD.US) (endpoint), $Okta(OKTA.US)(identity)

China ADRs: $$PDD(PDD.US)(e-commerce / Temu), $Bilibili(BILI.US)  (video community)

EVs: $Li Auto(LI.US) $XPeng(XPEV.US) 

Note: consensus targets are the average of price targets from covering institutions. They are not an intrinsic-value estimate.

The Macro Calendar This Week

• Wednesday 8/26 — July PCE and core PCE (8:30 a.m. ET), plus the Q2 GDP revision and July durable goods orders. It's the only inflation print of the week, and it lands the same day as NVIDIA's after-hours results — a combination that can stretch intraday ranges.

• Friday 8/28 — Fed Chair Warsh gives the keynote at the Jackson Hole symposium, his first major outing since taking the job. His earlier move to sharply pare back forward guidance touched off a debate about policy credibility, with more than 60% of surveyed economists reckoning it pushed long-end yields higher.

Wall Street broadly expects him to use the speech to flesh out the policy framework and take some heat out of the recent strain in Treasuries. 

• Also across the week: 2-, 5- and 7-year Treasury auctions. Worth watching while the long end stays the market's sore spot.

The above pulls together public data and sell-side views and is not investment advice. Implied volatility comes out of options pricing models; it describes the two-sided hedging range market makers set ahead of an earnings event, and says nothing about direction. Data source: Longbridge AI. Market data as of 2026-08-21.