Nvidia Climbs as Stocks Rise Ahead of Earnings
On May 20, U.S. stocks edged higher with the S&P 500 up 0.3% and Nasdaq gaining 0.5% as investors positioned ahead of Nvidia’s fiscal Q1 2027 results due after the close. The rally follows days of preview coverage highlighting expectations for another strong beat, renewed buyback activity, and options markets pricing in a 6.5% post-earnings move worth roughly $350 billion in market value. Analysts continue to flag data-center demand, gross-margin resilience near 75%, and potential upward revisions to the company’s multi-year AI revenue outlook as key catalysts.