US Earnings

Monday, February 26 – Workday, Li Auto), Domino’s Pizza, and Zoom Video.

Tuesday, February 27 – Lowe’s, American Tower, AutoZone, and eBay.

Wednesday, February 28 – Salesforce, Royal Bank of Canada, Baidu, HP, and Snowflake.

Thursday, February 29 – Anheuser-Busch InBev, Toronto-Dominion Bank, Dell Technologies, and Autodesk.

Friday, March 1 – Plug Power and fuboTV.

Nvidia Q4 FY24 results

Investors will closely watch the results of artificial intelligence darling Nvidia, which is due to report on Wednesday.

Data center related product revenues make up 80.1% of the overall revenue mix. NVIDIA is trading at near-peak market capitalization levels at $1.8 trillion. However, its 1-yr fwd PE levels are near 5-yr trough levels at 36.8x.

NVIDIA’s has 2 key product segments: Graphics; which primarily relates to graphics processing units (GPU)s used in gaming, and PCs Compute & Networking; which includes chips used for high performance computing in data center, networking, automotive, robotics and also special-purpose cryptocurrency mining uses.

The key growth driver for the company right now is in the Compute & Networking segment, which has seen an explosion in growth:

US Earnings

Tuesday, February 20 – Walmart, Home Depot, Caesars Entertainment, Palo Alto Networks, and Medtronic.

Wednesday, February 21 – Analog Devices, Nvidia, Etsy, Rio Tinto, Marathon Oil, Rivian Automotive, and Lucid Group.

Thursday, February 22 – PG&E, Dominion Energy, Moderna, Intuit, Booking Holdings, Wayfair, and Carvana.

Friday, February 23 – Warner Bros. Discovery, Bloomin’ Brands, and Ameren.