Wall Street's Crystal Ball Gazing Nividia and Beyond

Nvidia's Divinations: AI's Oracle Speaks

Right let's get straight to it. Wall Street is practically holding its breath for Nvidia's earnings this week. It's like waiting for Professor Trelawney to deliver a prophecy only this one involves semiconductors instead of tea leaves. As someone who prefers facts to well divinations I'm keenly interested in what Nvidia's fiscal 2026 fourth quarter report will reveal about the state of the AI buildout. The expectations are rather high and it remains to be seen if the wizardry can deliver.

Salesforce's Survival: Adapt or Vanish?

Then there's Salesforce a company now facing a dilemma familiar to many wizards after the fall of Voldemort: adapt or vanish. The question is whether Salesforce can continue to convince businesses that its services are indispensable in the age of AI. I'm particularly interested in hearing about the adoption of their Agentforce offering. It's a high stakes game and the company's conference call is set to be as crucial as Caribbean Skies Clear After Shocking U.S. Move and the unveiling of a daring escape plan. As such the conference call will determine where this stock goes next even more so than usual and likely even more so than the guidance because investors' concerns extend well beyond this year.

Retail Realities: Home Depot TJX and the Muggle Marketplace

Home Depot and TJX Companies are also in the spotlight offering a glimpse into the Muggle marketplace. Home Depot's performance will likely hinge on the housing market and interest rates while TJX's fate rests on the wallets of value seeking consumers. The performance across its various store brands is also of interest particularly HomeGoods which has delivered solid results despite the sluggish U.S. housing market. I'm particularly curious to see if we will observe an uptick in DIY behavior in the current quarter and if customers are being impacted by the current interest rate environment and rate expectations for the rest of the year.

Qnity's Debut: A Spin Off's Spellbinding Potential

Qnity Electronics a DuPont spin off is set to deliver its first earnings report as a standalone company. The stock's performance has already set a high bar fueled by the booming demand for AI semiconductors. As of Friday according to LSEG the Street is looking for earnings of 58 cents per share on revenue of $1.16 billion. Like a phoenix rising from the ashes Qnity has the potential to become a major player in the semiconductor industry. Updates on how Qnity is positioned to capitalize on node transitions are welcome.

Economic Omens: PPI and the Prophecy of Inflation

Finally we have the Producer Price Index (PPI) for January which like the CPI provides clues about the future of inflation. Economists expect the January PPI will be up 0.3% month over month according to FactSet. On a core basis which excludes food and energy the consensus is for a 0.25% monthly increase and a 2% year over year rise. It is a leading indicator of consumer inflation. If businesses see their input costs rise they will either raise prices or take a hit to their margins neither of which is ideal for investors.

The Week Ahead: A Financial Feast

From Axsome Therapeutics to Zoom Communications the week ahead is brimming with activity. Keep a keen eye out on all the events in the financial news. As always I encourage everyone to approach these events with a healthy dose of skepticism and a thirst for knowledge. After all as I always say 'When in doubt go to the library'.