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Wall Street Awaits Nvidia's Profit Report as Tech Leads a Split US Stock Market

Nvidia’s expected 70% profit surge fuels gains in tech stocks despite broader market declines amid AI investment concerns, analysts say.

  • On Wednesday, Nvidia led a split U.S. stock market rally as technology strength lifted indexes to two-week highs ahead of its profit report after markets close.
  • Because Nvidia's results make it a market leader, analysts expect profit to surge nearly 70% to $37.52 billion amid $630 billion in 2026 spending, driven by AI growth.
  • By midmorning, the Dow Jones Industrial Average was higher—up 199.66 points—as more stocks declined than advanced, highlighting market breadth.
  • Market pockets reacted with Cava jumping 22% and Axon surging 20.4%, after stronger results, while First Solar slid 14%.
  • Globally, macro factors include the 10-year Treasury yield inching to 4.05% and a U.S. tariff taking effect Tuesday, amid rising markets across Europe and Asia.
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abc10 Sacramento broke the news in Sacramento, United States on Wednesday, February 25, 2026.
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