Investors are awaiting Nvidia and Walmart reports.

As a significant portion of third-quarter earnings results are behind us, investors are focused this week on important reports from Nvidia and Walmart. So far, the third-quarter earnings season has made a positive start. According to FactSet data, as of November 14, 92% of S&P 500 companies have reported their results, and analysts expect a 13.1% increase in earnings per share for the third quarter. If this figure materializes, the fourth quarter will record back-to-back double-digit earnings growth, accelerating from the 12% growth rate reported in the second quarter of this year.

As the third quarter approached, expectations were quite low, and analysts predicted a 7.9% increase in earnings per share for S&P 500 companies as of September 30.

This week, all eyes will be on giants in the artificial intelligence and retail sectors, including Nvidia and Walmart; additional earnings reports are also expected from companies such as Palo Alto Networks (PANW), Home Depot (HD), Lowe's (LOW), Target (TGT), TJX, and XPeng.

Nvidia will release its highly anticipated third-quarter earnings report after the market closes on Wednesday. This will be the first quarterly results following the company’s temporary achievement of a $5 trillion market value, and it serves as a significant test for artificial intelligence trading. The chip giant's results could influence other AI-related stocks. However, given the current fluctuations in artificial intelligence, earnings expectations and upward guidance may not be sufficient to calm investors.

American Bitcoin (ABTC) shares fell 13% before the market opened on Friday. The company, founded by renowned figure Eric Trump, reported that its profits doubled in the third quarter.

Applied Materials (AMAT) shares dropped more than 2% in extended trading on Thursday, after the North America-based chip manufacturing equipment maker noted a slowdown in revenue. The company projected a first-quarter revenue of $6.85 billion, along with earnings per share of $2.38, achieving results above analysts’ expectations.

Disney (DIS) shares fell 3% before the market opened on Thursday, following the company's third-quarter earnings falling short of analyst estimates.

Tencent (0700.HK, TCEHY) reported a 15% growth in third-quarter revenue.

Cisco Systems (CSCO) shares gained more than 6%, boosted by increased demand for network equipment due to data center expansions.

McGraw Hill (MH) shares saw an increase of over 22% after the educational company raised its full-year outlook. The company reported earnings of $0.57 per share and set its guidance between $2.03 and $2.06 billion.

CoreWeave (CRWV) shares fell after the announcement of third-quarter results; while the losses are considered acceptable compared to the significant growth in revenue, more details are awaited for initial financial guidance.

Venture Global (VG) shares rose more than 6% after announcing that its third-quarter revenue reached $3.3 billion, exceeding analyst expectations.

Tyson Foods (TSN) shares increased as the company forecasts a better year for sales. Revenue growth is expected for 2026.