Market Wrap: NvidiaS Mixed report, S&P 500 Record, and Retail Earnings on Tap
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Here’s a breakdown of what CNBC TV producers were watching on Wednesday, August 27, 2025, and what to expect in Thursday’s trading session. The S&P 500 reached another record high, but earnings reports from Nvidia and CrowdStrike presented a mixed bag for investors. Several major retailers are set to report earnings thursday morning, offering a snapshot of the American consumer.
Nvidia’s Earnings: A complex Picture
Nvidia https://www.nvidia.com/en-us/investors/news-releases/ reported earnings that exceeded expectations, and provided a positive outlook. However,the company experienced a revenue miss in its data center segment. As of after-hours trading, the stock was down 3.1%, despite a strong 34% gain over the past three months and trading near its 52-week high. CNBC will closely monitor the stock’s performance tomorrow and gauge the broader market and chip sector’s reaction.
S&P 500 Hits New High
The S&P 500 continued its upward trajectory, reaching a new record high above the 6,487 mark. Year-to-date, the index is up 10% as of August 27, 2025. This milestone reflects continued investor optimism despite economic uncertainties.
CrowdStrike’s disappointing Forecast
Cybersecurity firm CrowdStrike https://www.crowdstrike.com/investors/news-releases/ also reported earnings after the bell, beating expectations. However, a lower-than-expected revenue forecast caused the stock to fall as much as 8% before partially recovering. Investors will be scrutinizing the company’s performance tomorrow.
Retail Earnings in Focus: The American Consumer
Thursday morning’s “Squawk Box” will feature earnings reports from several prominent retailers, providing insights into consumer spending habits. Here’s a look at where these companies stand relative to their 52-week highs:
Best Buy: 27% below its 52-week high, up 4.5% since its last earnings report.
bath & Body Works: 25% below its 52-week high, up 3% as its last earnings report.
Burlington Stores: 6% below its high, up 16% in the last three months.
Dick’s Sporting Goods: 11% below its high, up 30% since its last earnings report.
Dollar General: 11% below its high, up 10% in the last three months.
Hormel: 14% below its high, down almost 4% since its last report.
Victoria’s Secret: down 53% from its December high, up 1% in the last three months.
Key Takeaways
Mixed Earnings: Nvidia’s report showcased both strengths and weaknesses, while CrowdStrike’s forecast disappointed investors.
Market Momentum: The S&P 500 continues to climb,signaling positive market sentiment. Retail Watch: Thursday’s retail earnings will be crucial for understanding the health of the American consumer.
Looking Ahead: Investors will be closely watching how the market reacts to Nvidia’s earnings and the upcoming retail reports.These events will likely set the tone for trading on Thursday and provide further clues about the overall economic outlook.