Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's market moving events, along with the weekend's top news and analysis.

Hello, today is Sunday, May 19th, and I'm your host Kim Kahn.

This week, Wall Street will hear from the biggest stock in the market currently

when NVIDIA reports earnings on Wednesday.

The Chip Giant is expected to report revenue of $24.6 billion and EPS of 553 for the

quarter. Data center revenue was forecast to have more than tripled from a year ago to 20.97 billion,

while gaming segment revenue is seen rising 16.7% to 2.61 billion.

NVIDIA is seen reporting an adjusted gross margin rate of 77%,

adjusted operating income of 16.3 billion, and free cash flow of 11.78 billion dollars.

Investors will be looking past the quarterly numbers, though,

when determining if NVIDIA deserves its 2.3 trillion dollar AI

boosted premium valuation.

Analysts largely anticipate that NVIDIA will raise the bar with guidance.

Jeffrey said even a beaten race quarter though from NVIDIA could take a back seat to the cadence on the

ramp of the Grace Blackwell Exiscale computer. We believe the ramp of the on the extend their control to a greater portion of the AI system design.

Seeking Alpha Analysts, Mont Capital Management says,

the market is pricing a post-earnings move of about 8.5%

following NVIDIA's results. Based on market expectations, this could mean the shares trade as high as $1,025 or as low as 865. They add that the option skew is leaning to the bullet side of Outlook, and if results are better than expected, and the stock can get over the 950 resistance level, it would have room to run to the next major level of options resistance and $1,000.

However, a failure to get above $9.50 would lead to the stock declining and potentially

finding the first support level at $9.850 after that.

Among other notable earnings this week, Palo Alto Networks, Lee Auto and Zoom Video report on Monday.

Tuesday brings lows, AutoZone, Total Brothers, Ex Peng, and Macy's.

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