NVIDIA, CrowdStrike, Synopsys and Veeva Systems headline Wednesday’s earnings calendar, with investors closely watching results and forward guidance for clues about growth across semiconductors, cybersecurity, software and cloud markets.
The most interesting news on Tuesday was a vague report in the state-owned Russian press saying there is an Iran peace deal, citing Iranian and Pakistani sources. Russia media hasn’t been part of the reporting on the conflict and the many fake leaks so the market is giving it some creedence and oil finished the day at the lows. The decline adds to some curious selling in crude since the start of the week and many traders believe there is rampant insider trading ongoing.
With that rumor/report, the US dollar also dipped late and gold held a decent bid after getting bounced around.
The stock market remains largely focused on AI but the meme-driven names were strong on the day in a sign of some optimism.
In much sadder news, Dolly Parton died at 80.
Earnings Calendar Highlight Wednesday
Wednesday’s after-hours session could bring substantial volatility, with NVIDIA leading the agenda. Strong results and upbeat guidance from these companies could support broader technology sentiment, while disappointing forecasts may quickly pressure their shares and spill over into related sectors.
NVIDIA Corporation (NVDA)
- Earnings: Q2 2027
- Release: After market close
- Estimated EPS: $2.09
- Market Cap: Approximately $5.16 trillion
NVIDIA will be the main event of the session, with investors focusing on revenue growth, data-center demand and management’s outlook. Given its enormous valuation and influence on the broader technology sector, the stock could trigger significant volatility across semiconductor and growth shares.
CrowdStrike Holdings (CRWD)
- Earnings: Q2 2027
- Release: After market close
- Estimated EPS: $0.29
- Market Cap: Approximately $188.76 billion
CrowdStrike’s results will offer another important update on demand for cybersecurity services. Investors will closely watch subscription growth, customer additions, margins and forward guidance.
Synopsys (SNPS)
- Earnings: Q3 2026
- Release: After market close
- Estimated EPS: $3.67
- Market Cap: Approximately $78.27 billion
Synopsys remains an important company for the semiconductor industry, and its results could provide insight into chip design activity and demand for electronic design automation software.
Veeva Systems (VEEV)
- Earnings: Q2 2027
- Release: After market close
- Estimated EPS: $2.22
- Market Cap: Approximately $40.09 billion
Veeva’s earnings will put the spotlight on software demand within the life sciences sector. Revenue growth, subscription trends and management guidance are likely to be the key catalysts for the stock.
Forex Signals Update
Gold Returns to the $4,000 Level
Gold prices experienced a volatile trading week, ultimately finishing significantly lower after an initially strong rally lost momentum. The precious metal climbed above $4,300 early in the week but later reversed sharply, ending nearly $100 below its recent highs as investors reassessed the outlook for interest rates and global risk sentiment.
The decline was largely driven by a stronger U.S. dollar, rising Treasury yields, and reduced demand for defensive assets following positive geopolitical developments in the Middle East. Despite the weakness, gold remains above the critical $4,000 support zone, which continues to define the longer-term bullish trend but it is under attack.
MAs Hold as Support for USD/JPY
Foreign exchange markets saw sharp swings. Early in the week, U.S. yield differentials and Japanese capital outflows pushed the dollar above ¥150, but disappointing U.S. jobs data triggered profit-taking, causing the USD/JPY to slide by four yen from its peak. However, the new BOJ governor the JPY has weakened and USD/JPY soared to 154 and we decided to close our buy signal for more than 80 pips as the pair found support at the 20 daily SMA (gray) and has rebounded more than 200 pips off that MA but reversed after the 25 bps rate cut from the FED. The price climbed to $164 but reversed after the BOJ meeting and fell 7 cents, breaking below the 100 daily SMA (red) as well, which has been acting as support before.
USD/JPY – Daily Chart
Cryptocurrency Update
Bitcoin Faces the 50 SMA Holds as Resistance
Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down to $80K before finding support at the 100 weekly SMA (green). A rebound followed, sending BTC near $100 is the first major text for Bitcoin buyers. However BTC returned lower and fell below $80K, breaking below the but the 100 weekly SMA (green) but the decline stopped at the $60K support where the 200 weekly SMA (purple) stands and rebounded above $80K again.
BTC/USD – Daily Chart
Ethereum Returns Above $2,000
Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2,000 but buyers returned and pushed the price above $2K again.
ETH/USD – Weekly Chart
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank’s local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
