What to Expect in Markets This Week: Nvidia Earnings; Software Firms, Discount Stores Also Report

Investors are eager to see Nvidia’s quarterly results, which are set to land Wednesday.

The AI chipmaker has had an active summer. CEO Jensen Huang announced a new chip purpose-built to power on-device AI agents, while the company made progress on its attempts to sell chips in China, and struck deals to help finance the AI data center buildout. The stock, meanwhile, has had a volatile year, but it’s mostly risen, up 15% in 2025 though off its May highs.

Last quarter, Nvidia beat expectations and brightened its outlook, with Huang saying demand “has gone parabolic” as companies race to build AI infrastructure. Revenue climbed 85% year-over-year, with data center sales nearly doubling.

There’s a lot riding on Nvidia’s performance. For every $1 it collects, another $8 to $10 is spent on other technology, according to Wedbush estimates. Much of the economy and stock market’s recent growth has been driven by tech giants building AI data centers, pouring money into chips, memory and data storage technology, energy infrastructure and even construction equipment.

The investment is so big that the Federal Reserve is monitoring its impact on inflation.

Other segments of the economy will also get some attention this week. A number of software companies report, including CrowdStrike, Intuit and Salesforce, as well as discount stores, beauty retailers and apparel companies like Gap, Abercrombie & Fitch and Kohl’s.

The major stock indexes fell this week as investors scrutinized bond yields and doubts mounted that the U.S. would reach a deal with Iran. The yield on 30-year Treasury bonds hit levels not seen since 2007 amid concerns about inflation and government debt, though yields temporarily reversed their trajectory when the Treasury announced it would buy back more long-term debt.

Intuit ( INTU ) is slated to publish its fiscal fourth-quarter results after the closing bell and host a conference call at 4:30 p.m. ET. The parent company of TurboTax and QuickBooks beat expectations last quarter and announced plans to shrink its workforce.

Kohl’s ( KSS ) is set to host a conference call on its results at 9 a.m. ET, with the numbers expected before then. The department store said earlier this year it was focusing on $10-and-under items and drawing attention to deals on the sales floor. Kohl’s launched a turnaround campaign in 2025 as bargain retailers, including Burlington Stores ( BURL ) made inroads with shoppers. Burlington reports before markets open on Thursday.

Nvidia ( NVDA ) is slated to publish its results at 4:20 p.m. ET, followed by a conference call at 5 p.m. ET.

CrowdStrike ( CRWD ) is set to release its results after the market closes and host a conference call at 5 p.m. ET. The cybersecurity firm beat expectations last quarter. Analysts have signaled that they see AI expanding demand for cybersecurity software companies, including SentinelOne ( S ), which reports after the close on Thursday.