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 25th, and I'm your host, Kim Kahn.

It's a holiday short and week for Wall Street, with the markets closed Monday for Memorial Day,

and it's also Nvidia earnings week, when traders can forget tariffs, deficits, struggling

consumer sentiment, the housing slowdown, and the Fed for a moment, and zero in on artificial

intelligence. AI is perhaps the biggest tech innovation momentum trade since the dot-com boom,

and Nvidia is the linchpin stock. Wall Street expects EPS of 73 cents on $43.18 billion

for the coming quarter when the company issues numbers on Wednesday, but it's the guidance

that will dictate stock direction and almost certainly broader market direction.

What's notably different from previous results are the analysts' revisions going into the release.

While revenue revisions have seen the usual bullishness, 29 up and 4 down,

downward revisions surpassed upward revisions 8 to 6.

The cut in EPS estimates came in the middle of April when the company said it would take a $5.5 billion

charge related to H20 processors exported to China. But the gang at T3 Live note that since then,

the president went on a deal-making rampage in the Middle East with a major emphasis on AI.

NVIDIA CEO Jensen Wong said the company would sell more than 18,000 blackwell chips to Saudi Arabia,

plus the U.S. is partnering with the UAE to build a major AI campus, and NVIDIA is joining the party,

and the Financial Times reported that Oracle will drop $40 billion on NVIDIA chips for OpenAI's new U.S. data center.

So, could NVIDIA deliver monster guidance on its Wednesday earnings report?

It seems possible, they said.

Oppenheimer analyst Rick Schaefer says the company is likely to top estimates for the

...