Week ahead: Nvidia results, Kevin Warsh speech among the highlights
By Michele Maatouk
Date: Friday 21 Aug 2026
(Sharecast News) - Next week looks set to be fairly quiet in the UK as the summer lull well and truly kicks in before the August Bank Holiday weekend, but investors will have results from the likes of Nvidia to look forward to, along with a hotly-anticipated speech from new Federal Reserve chair Kevin Warsh.
There are no FTSE 350 corporate releases scheduled for release on Monday, no major US earnings and no economic releases of note on either side of the pond.
On Tuesday, first-half results from Chesnara and Gulf Keystone Petroleum will be out. In the US, quarterly results from Zoom Communications and Dick's Sporting Goods will be among the highlights.
On the macro calendar, German second-quarter GDP and the Ifo business climate index for August will be released. In the US, consumer confidence and the latest new home sales figures will be out.
Wednesday will bring first-half results from Central Asia Metals, while in the US, quarterly results are due from Nvidia, CrowdStrike, Abercrombie & Fitch and Kohl's.
AJ Bell analysts Danni Hewson and Russ Mould, said: "If the period after the launch of ChatGPT in November 2022 represented a glorious rebirth for Nvidia which saw it grow at astonishing speed, recent months could be characterised as a difficult adolescence.
"The company is experiencing some growing pains amid doubts about the sustainability of current sky-high levels of AI-related spending.
"The shares have gone sideways for the last three months with markets fretting about the competitive pressures posed by companies making their chips in-house. These fears have been compounded by margin pressure concerns thanks to higher input costs, as the price of components surges thanks to an imbalance between supply and demand. This has seen valuation metrics slip to their lowest levels in years.
"Forecasts give Nvidia a high bar to clear for the second quarter as hyperscalers continue to up their spending and the company progresses the roll out its Blackwell architecture.
"There will be a spotlight on third-quarter guidance, and whether Nvidia might cross over the $100 billion revenue mark in that three-month period, as well as on the timeline for the release of its Vera Rubin chips. Investors will want evidence of the company's ability to protect its profitability from inflationary pressures and more detail on its new financing initiative with BlackRock and Goldman Sachs to raise $500 billion for AI infrastructure."
On the data front, the US core PCE for July is due, along with the second estimate of US Q2 GDP.
On Thursday, Prudential will release first-half results. Across the pond, Marvell Technology, Dollar General, Dollar Tree, Best Buy and Hormel Foods are among those slated to release quarterly numbers.
On the macroeconomic calendar, the German GfK consumer confidence survey for September will be released, along with the latest US initial jobless claims.
Friday will be very quiet, with no major UK corporate or macro news due, although the eurozone economic sentiment indicator for August will be released, as well as the Michigan consumer sentiment index for August and Chicago PMI in the US.
The highlight on Friday will be the start of the Jackson Hole Economic Policy Symposium in Wyoming, where new Federal Reserve Chair Kevin Warsh will be delivering his highly-anticipated debut speech. TD Securities said Warsh's remarks are likely to be "evolutionary, not revolutionary".
"Warsh's options for his keynote address come down to two key topics: what he calls the 'big questions' and/or regime change at the Fed," it said. "Given Warsh's ideological reluctance to provide guidance, we do not expect the chair to change his approach toward discussing the outlook. If the market is looking for forward guidance from Warsh, it will likely come away disappointed.
"We believe the best way for the chair to reassert his inflation credibility would be to create distance between his long-held opinion on balance sheet policy and the spectre of it acting as a substitute for the Fed's interest rate tool.
"The chairman would also do well, in our view, to squash the growing idea that the Fed is set to completely rehash its strategy for bringing inflation back to the 2% target next year."
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