Nvidia's conference expected to attract investor interest
Nvidia's upcoming GPU Technology Conference is expected to attract investors amid a recent market selloff. CEO Jensen Huang will deliver a keynote address, with analysts looking for updates on Nvidia's production and competition, particularly regarding its Blackwell chip. Federal Reserve Chair Jerome Powell will address the market on Wednesday, facing questions about tariffs and their impact on growth and inflation. Analysts anticipate a modest downgrade in GDP projections for 2025, alongside potential upward revisions in inflation forecasts. In corporate news, FedEx will report earnings on Thursday, seen as a key indicator of global economic activity. Other companies, including Nike and Accenture, will also release earnings this week.