Nvidia (NVDA) is set to report its first-quarter earnings after the closing bell on Wednesday with many on Wall Street focused on the outcome to see how it may test the strength of the market. With the number of AI mentions among companies across multiple sectors increasing from last quarter, details from Nvidia's report may have more influence across those sectors than usual. Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief to discuss how Nvidia's earnings can impact multiple sectors beyond AI. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Other sectors have rallied on AI demand, raising the stakes for the chipmaker's latest quarterly update.

BOSTON, May 21, 2024--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR® Portfolio Treasury ETF (SPTB). SPTB further enhances SPDR’s Portfolio ETF suite by providing low-cost exposure to US Treasury securities with remaining maturities greater than or equal to one year. Priced at three basis points, SPTB seeks to track the performance of the Bloomberg U.S. Treasury Index.

Investing in U.S. equities is an "asset allocation decision."

Sarge986 LLC President Stephen “Sarge” Guilfoyle foresees two dominant macro trends that play a great role in influencing the market (^DJI, ^IXIC, ^GSPC) and whether stocks can hold onto the current rally. Guilfoyle joins Julie Hyman on Asking for a Trend to elaborate on the areas he is investing, taking advantage of the high inflationary environment: the utilities sector (XLU) and precious metal commodities such as gold (GC=F), silver (SI=F), and copper (HG=F). "As AI goes, as bitcoin (BTC-USD) goes on, as electric vehicles go on, the demand for electricity isn't going to be what it's been. Demand for electricity nationwide has gone up, maybe like less than 0.5% a year for a number of years," Guilfoyle explains. "From here on out. I think they're expecting 2 to 3% growth per year. so this is going to be an ongoing thing. You're not going to pay a low price for electricity, I don't think, probably for a long time." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.

NVIDIA has a higher chance to beat earnings estimates and saw positive earnings estimate revision activity, which is generally a precursor to an earnings beat.

April's 4% market drop didn’t deter investors from growth-oriented equity ETFs.

Near-shoring and elections create big potential for top-performing single-country ETF.

Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next year.

Mortgage rates have slowly fallen for the second week in a row, with the 30-year fixed mortgage rate just above 7%. With the potential for mortgage rates to come down further, the housing market may see a bit of a turnaround for homebuyers. However, the supply of homes is still low. Saint-Gobain North America CEO Mark Rayfield (SGO.PA) joins Market Domination Overtime to discuss the state of homebuilding and the broader housing market. On the fundamentals of homebuilding in North America, especially after COVID-19, Rayfield states: "It's still a very robust market. So for the vast majority of building materials, if you look at exterior products and roofing and siding and gypsum and insulation, the market is there, thereabouts at capacity. Not sold out like it was in COVID. But depending on where you are regionally, there could be some supply challenges, not long. So that is another reason I say the market remains quite robust at these housing levels." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino