Wall Street eyes Powell's speech, Lowe's Q2 disappoints, Nvidia in focus: Morning Brief
On today's Morning Brief, hosts Seana Smith and Brad Smith dive into the latest on markets, trending tickers, and the AI sector.
Kicking things off, the focus is on the upcoming Jackson Hole speech from Federal Reserve Chair Jerome Powell. ING Chief International Economist James Knightley joins to discuss how Powell's commentary could shape market sentiment in the near term.
The show then reviews the stock reactions of various trending tickers, including Paramount (PARA, PARAA), Tesla (TSLA), Palo Alto (PANW), and Apple (AAPL). Additionally, Lowe's (LOW) reported mixed second-quarter results, reflecting a consumer environment that remains value-conscious.
Lastly, the AI trade takes center stage as Nvidia (NVDA) rallies ahead of its highly anticipated earnings report on August 28. T. Rowe Price Science & Technology Equity Strategy Portfolio Manager Tony Wang joins to share two key things investors should watch for in Nvidia's report, as well as provide insights into the broader AI landscape in the market.
This post was written by Angel Smith