(Yahoo! Finance) - AI heavyweight Nvidia (NVDA) will report its first quarter results on May 20, in what is easily one of the most anticipated announcements of the earnings season.Nvidia is contending with increasing competition in the AI processor space including from Cerebras (CBRS), which held its initial public offering last Thursday.
The Fed ramp coincides with polls suggesting a growing chance of a Democratic sweep of both the White House and Congress in the coming elections.