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 17th, and I'm your host, Kim Con.

It's Nvidia Week as the world's largest public company reports earnings on Wednesday.

Analysts expect Q1 EPS of $1.78 on $79.17 billion in revenue.

GPU demand remains a central focus, but guidance will likely determine the stock's reaction.

Seeking off analyst Lewis Gerard, who has a strong buy rating, says he is adding shares ahead

of the report that he cautions

that perfection is priced in, and a clean beaten raise is needed for further upside.

He's also watching for reassurance on hyperscalor spending durability and the successful

ramp of Rubin. On the other side, Tonga Capital, the loan cell among 28 Siki Alpha analysts

covering the stock, argues NvidiaVIDIA is already projected to

become one of the most profitable companies in modern history, meaning sustained hypergrowth

at this scale, warrants skepticism. The long-term success of AI depends on infrastructure costs

falling, they wrote. It is hard to reconcile the incentive to reduce the cost of intelligence

with NVIDIA's current cost structure. Meanwhile,

Mock Capital says NVIDIA has been in an option squeeze since March. The question now is whether results can overcome the unwind of invent risk and the euphoria built into the stock ahead of

earnings. Also on the earnings calendar, Bidu reports Monday with Home Depot on Tuesday. Analog

devices, Intuit and Target join in video on Wednesday. Walmart rounds out

the week with results on Thursday. On the economic front, the minutes from the last FOMC meeting

are due this week. It was the final meeting before Kevin Warsh takes over his chairman and featured

three dissents. Wells Farger economists said they were watching whether non-voting members share the view

...