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Wall St futures steady after weekly losses; Nvidia results, Jackson Hole in focus

Wall Street futures were steady after weekly losses as attention turned to Nvidia’s upcoming results and the Jackson Hole symposium. The setup puts a high-expectation semiconductor leader against a broader macro catalyst, with Nvidia’s revenue and margin profile providing the clearest company-specific anchor.

NVIDIA’s headquarters, Santa Clara — file photoFile photo · NVIDIA’s headquarters, Santa Clara · Aug 2018 · Coolcaesar · CC BY-SA 4.0 · Source & license

The story

U.S. equity futures were steady following weekly losses, while traders focused on Nvidia results and the Jackson Hole symposium. Nvidia is the only named company in the report. Nvidia has fiscal-year revenue of $215.9B, up 65.5% YoY, alongside a 71.1% gross margin, a 55.6% net margin and $4.90 diluted EPS; the fiscal year ended January 25, 2026. The next concrete data point is Nvidia's results, while Jackson Hole can shape the broader rate backdrop for growth and semiconductor shares.

Our read · Tue, Aug 25

NVDA’s $215.9B revenue base and 65.5% YoY growth keep the earnings catalyst constructive, but the lack of expectations or futures detail leaves the near-term read balanced ahead of results and Jackson Hole.

Why. The setup is balanced because the company-specific evidence is strong—$215.9B of revenue, 65.5% YoY growth. Jackson Hole adds a separate macro variable that can affect semiconductor multiples independently of Nvidia’s operating performance.

Both cases

The case it holdsNvidia’s $215.9B revenue and 65.5% YoY growth, supported by a 71.1% gross margin and 55.6% net margin, provide a concrete operating foundation for a favorable earnings reaction.
The case it breaksThe bear case is that strong historical fundamentals are insufficient without current expectations, and a hawkish Jackson Hole signal could pressure semiconductor valuations even if Nvidia reports solid results.

What could change this view: A weaker-than-expected Nvidia result or guidance update, or a hawkish Jackson Hole signal, would undermine the setup; the absence of an earnings date and expectations also limits precision.

NVIDIA stock page →
Your side is graded privately against closes after 10 trading days. Research, not advice.

Who reported it · 12

Financial TimesSun, Aug 23 · 9:27 PM ETA week of keynote speeches
Yahoo FinanceMon, Aug 24 · 5:49 AM ETNvidia earnings and Jackson Hole: What to watch this week

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About this report

Reported by Investing.com, . Who answers for this

12 reports from 6 publishers in this record. Closes are licensed end-of-day data from Databento; the move after a story is its first close against the close before it. How this is decided →

Kept as written · your side, if you take one, is graded privately against licensed closes after 10 trading days · nothing here is advice · How the Wire is made →