February 22, 2026 
2 min read 
Nvidia is scheduled to report quarterly results and outline its 2026 outlook. The company’s significant market weight and role in AI mean its earnings and the CEO's commentary on AI data centers connectivity and advanced technology will be closely watched. Remarks about partners could signal distribution of AI spending.
January industrial production showed a notable increase with manufacturing output rising 0.7%, driven in part by electronics and data center hardware for AI. The U.S. trade deficit widened as automotive shipments declined. Q4 GDP printed 1.4% below expectations. The PCE index showed year over year inflation at 2.9% for December, above consensus.
Markets are focused on high-stakes negotiations between the U.S. and Iran in Geneva amid a substantial U.S. military buildup around Iran. Washington set a deadline for Tehran to submit a detailed nuclear proposal by February 24th and indicated the meeting could be canceled if the proposal is ambiguous.
Key scheduled releases for the week include:
- Factory orders (Mon)
- Wholesale inventories (Tue)
- Consumer confidence (Tue)
- Producer price index (Fri)
- Construction spending (Fri)
Given Nvidia's market influence a substantial earnings reaction could prompt broad market moves. SPY has traded in a similar range for more than two months and upcoming events have the potential to drive a decisive move beyond that range.
This material is provided for informational and educational purposes only and does not constitute financial advice. All investments carry risk, including the potential loss of capital.
