My top 10 things to watch Wednesday, Feb. 26
1. Nvidia earnings tonight: End of world or not? Is the investment case damaged by DeepSeek claims of a more efficient AI model? The Chinese startup's advancement helps Nvidia, CEO Jensen Huang said last week. Analysts will get their first crack at speaking to Huang firsthand. As of last Thursday's close, Nvidia shares recovered most of their DeepSeek losses. While up this morning, the Club stock has seen sharp losses for three straight sessions.
2. Salesforce also reports earnings tonight. The Club stock, like Nvidia, was getting a boost this morning as the tech-heavy Nasdaq looks to break its four-session losing streak. As of Tuesday, Salesforce shares have decline for five sessions in row.
3. CrowdStrike price targets are being raised on Wall Street even as the stock has come down as part of the great tech rotation in the broader market. The Club name reports earnings next week. We looked at cybersecurity stocks, including fellow Club holding Palo Alto Networks, in yesterday afternoon's Homestretch.
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