3 big things we’re watching in the stock market in the week ahead

Nvidia reports results on Tuesday for the first time since Jensen Huang resigned as chief executive last week amid allegations of affairs. The report will be closely watched for clues about demand for AI chips and the company’s direction under interim chief executive Colette Kress, while Anthropic’s planned Nasdaq flotation later in the week will also test investor appetite for AI companies.

Analysts expect Nvidia to report quarterly revenue of $109.08 billion and earnings of $2.47 a share. Its shares have fallen 20% so far in November, their steepest monthly decline since the AI boom began in late 2022. Investors will be looking for updates on its growth forecast, export controls, buybacks, financial support for AI firms and product plans; Home Depot, TJX Companies and Palo Alto Networks are also due to report.