Market Insights and Key Earnings to Watch

November 18 Premarket brings a flurry of live updates. Earnings season is nearing its end, yet there are a few crucial earnings to keep an eye on this week, and NVIDIA isn't the only one. Palo Alto Networks is set to report on Wednesday, having surged 34% year-to-date. Walmart reports on Tuesday, with earnings expected at $.53 per share and sales hitting $166.6 Billion. Ross Stores is another consumer stock to monitor, expected to report earnings of $1.40 per share and sales of $5.1 billion.As of 9:10 p.m. ET on Sunday night, Nasdaq Futures are up.55%. Let's peek at where markets might open on Monday morning: Dow Jones Industrial Average Futures are up 21.00 (+.05%), S&P 500 Futures are up 13.50 (+.23%), and Nasdaq Futures are up 121.50 (+.59%).There are several key storylines to watch this week. Firstly, NVIDIA earnings on Wednesday. NVIDIA (Nasdaq: NVDA) is reporting, and here's what the market anticipates:

Financial Metric

Wall Street EstimateRevenue: $33.07 BillionNet Income (Adjusted): $18.44 BillionEPS (Normalized): $.74 per ShareFree Cash Flow: $16.38 BillionSimply meeting these numbers will likely disappoint NVIDIA. The company has a history of surpassing Wall Street sell-side estimates, and the actual expectations of buy-side investors (those actually investing billions) are generally higher than what's reported in the media. Commentary from NVIDIA's earnings call will also be closely examined. There were reports over the weekend suggesting NVIDIA could face delays with its next-generation Blackwell systems due to overheating. NVIDIA will provide more details on the demand they're seeing in 2025 and their ability to scale up to meet that demand. Additionally, Wall Street continues to project healthy margins for the company. After the last quarter's earnings report, NVIDIA's stock fell the next day mainly due to concerns about margins. NVIDIA's earnings now have a significant impact on dozens of companies in the AI space, making Thursday a potentially wild day in the technology sector.Secondly, Trump Appointees in Focus. Donald Trump is currently nominating members for his new Administration. While some have a nominal impact on the stock market, one nomination that could have a big impact this week is for Treasury Secretary. Wall Street seems to favor Scott Bessent, a former Hedge Fund manager. However, Elon Musk and others in Trump's orbit have endorsed Howard Lutnick. As of Sunday night, betting markets give Bessent a 42% chance, while Lutnick is slightly lower at 29%. Of course, the nomination could come as a surprise. Donald Trump is reportedly now considering Kevin Warsh as a nominee. Regardless, investors are closely watching Treasury nominees, and stocks could sell off if someone is considered unqualified or backs economic policies seen as too harmful, such as excessive tariffs."The Next NVIDIA" Could Transform Your LifeNVIDIA has seen an astonishing 250-fold return in the past 10 years as artificial intelligence took off. But if you missed NVIDIA's historic run, your opportunity to make life-changing profits from AI isn't over. The 24/7 Wall Street Analyst who accurately called NVIDIA's AI-fueled rise in 2009 has just released a brand-new research report titled "The Next NVIDIA." This report outlines key breakthroughs in AI and the stocks poised to dominate the next wave of growth. The report is completely free. Simply enter your email below.By providing your email address, you consent to receiving communications from us regarding website updates and other offers that may interest you. You have the option to unsubscribe from these emails at any time. For more information, please review our Disclaimer and Terms of Use.Thank you for reading! Have any feedback for us? Contact the 24/7 Wall St. editorial team.

Market Insights and Key Earnings to Watch

Financial Metric

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