(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.
Monday's market meltdown coincided with a major shift in how Wall Street is thinking about the health of the US economy and the current market run.
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Once dominant, the former market leaders have seen steep declines this year. Combined with political tensions and policy debates, such as those around tariffs, this environment has left many investors struggling to find direction.
