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Dow & S&P 500 Tread Water as Nvidia Earnings Loom

Dow & S&P 500 Tread Water as Nvidia Earnings Loom

Date: 2025-05-28 14:13:39 | By Mabel Fairchild

Stocks Start Flat, GameStop Soars Amid Nvidia Earnings Buzz

Market Opens Calm as Investors Brace for Nvidia's Big Reveal

U.S. stocks kicked off Wednesday on a flat note, but GameStop shares skyrocketed despite the overall cautious vibes swirling around Nvidia's upcoming earnings drop. Talk about a rollercoaster!

With tariffs and global tensions playing mind games with investors, the stock market's trying to piece together yet another winning streak. It's like watching a high-stakes puzzle come together!

As Nvidia prepped to spill the beans after the closing bell, the Dow Jones Industrial Average popped up 56 points, while the S&P 500 and Nasdaq Composite nudged up 0.2% and 0.26% respectively. Everyone's holding their breath for what Nvidia's got in store!

Stocks barely budged from Tuesday's levels, with investors juggling trade vibes, U.S. economic data, and the global geopolitical scene. And let's not forget, all eyes are laser-focused on what the chip giant Nvidia's about to reveal in its earnings report. Buckle up!

Wall Street's ready to dissect Nvidia's numbers and guidance to get a read on the tariff situation and how Big Tech's gearing up for any economic curveballs. If Nvidia knocks it out of the park, we might just see the market shoot for the stars!

Sure, we're in for some wild swings in the near term thanks to trade deals and other factors, but long-term? Market gurus are sounding the alarm for potential new lows. Yikes!

Katie Stockton from Fairlead Strategies dropped some serious knowledge on CNBC's 'Squawk Box,' hinting that key long-term indicators are flashing warning signs for the stock market. It's like a financial thriller unfolding in real-time!

Aside from the Nvidia frenzy, investors are also buzzing about the Federal Reserve's meeting minutes from May 2025. It's like trying to solve a financial puzzle with missing pieces!

Meanwhile, GameStop's shares are on fire after the company went all-in, snagging 4,710 Bitcoin for over $500 million. Talk about putting your money where your mouth is!

Though the move wasn't a total shocker, it's a big fat thumbs up for Bitcoin. With Trump Media throwing $2.5 billion at BTC and Strategy already sitting on a $40 billion stash, planning to grab even more, it's clear the crypto's got some serious mojo.

As the U.S. stock market opened, Bitcoin was chilling around $108,000. The crypto world's on fire, and it's not slowing down anytime soon!

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