Investors are eagerly awaiting Nvidia's earnings report, with expectations of significant revenue and profit growth. Nvidia's performance will have a substantial impact on the AI industry and broader markets.
At the same time, Target shares fell after weaker-than-expected first-quarter earnings, leading the retailer to slash prices on essential items. The stock market reached record highs, with the S&P 500 and Nasdaq gaining momentum.
Market participants are also closely watching the Federal Reserve's meeting minutes for insights on inflation and potential rate cuts. Overall, the stock market is focused on the outcomes of Nvidia's earnings and its influence on the tech industry and investor sentiment.
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