Wall Street Breakfast Futures flat as traders await Nvidia earnings
Aug 27, 2025
Futures are flat as traders hold their breath for Nvidia's earnings report. Legal drama unfolds as Cook's lawyer gears up to sue the Trump administration over her position. Meanwhile, Musk's legal team is pulling out all the stops to challenge OpenAI's operations in the AI space. The hosts also explore how current economic indicators and political shifts are shaking up market dynamics and influencing investor sentiment.
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Nvidia Is The Earnings Centerpiece
- NVIDIA's Q2 report is the focal point for markets due to surging AI chip demand and data center growth.
- Analysts expect roughly 50% year-over-year growth in both sales and profits, driving market anticipation.
Cook Vows Legal Fight To Keep Her Seat
- Lisa Cook's lawyer said she will sue to block her removal and argued Trump lacks authority to fire her.
- The Fed indicated Cook remains in her position pending court rulings, highlighting board protections.
Market Calm Despite Fed Dismissal Threat
- Investors reacted to President Trump's move to dismiss Fed Governor Lisa Cook with guarded optimism and uncertainty.
- Markets remained near record highs as traders weighed whether the action would alter Federal Reserve policy direction.