US Stocks Rise and Bitcoin Surpasses $80K Ahead of Nvidia Earnings

Key Facts

Financial markets are closely monitoring the imminent earnings report from Nvidia (NVDA), a pivotal catalyst for the tech and AI sectors. During Tuesday's session, the Nasdaq rose 0.7% and the S&P 500 advanced 0.4% as investors focused on tech earnings momentum while looking past new trade policy concerns. Simultaneously, the crypto market saw a significant milestone with Bitcoin surging past the $80,000 level, reflecting growing optimism despite broader market uncertainty.

In the semiconductor space, Nvidia shares stood at $208.48 at the close of August 24, 2026, having reached a day high of $215.59. According to market data for peer instruments, AMD closed at $456.75, while TSM settled at $410.12 and INTC at $87.26 on the same date. Reports suggest that the performance of major indices was primarily driven by mega-cap stocks, as equal-weighted market segments showed signs of moderation.

Traders are now shifting their attention to upcoming economic catalysts, including the release of the FOMC Minutes on August 19, 2026, which may provide signals on the monetary policy trajectory. Additionally, US Initial Jobless Claims are scheduled for August 20, 2026. Based on price levels from August 24, investors are watching whether NVDA can maintain support above its daily low of $207.25 heading into the earnings announcement.