-
Wall Street indices are advancing firmly during Wednesday's session as the market awaits earnings from Nvidia, currently the world’s largest publicly traded company.
-
The Nasdaq 100 rose as much as 1%, while the S&P 500 recorded gains of approximately 0.7%.
-
Nvidia is set to report after the closing bell, with markets anticipating a revenue surge of nearly 70% to almost $66bn. Investors are banking on a significant beat of consensus estimates, with the options market implying a move of roughly 5% in either direction.
-
Shares in Nvidia are up more than 2% ahead of the print, trading near record levels. Notably, peers such as TSMC and ASML are at all-time highs, while Nvidia's customers recently reported expectations for record capital expenditure in their latest filings.
-
The dollar is under slight pressure today, with EUR/USD returning above the 1.18 level.
-
A softening greenback and global uncertainty surrounding Donald Trump's future moves on tariffs and Iran have pushed gold prices up by more than 1% to over $5,200, while silver has climbed above $90 (+4%).
-
Donald Trump offered few surprises during his State of the Union address, reiterating the need to maintain his tariff strategy and expressing a desire to resolve the Iran issue through a new agreement.
-
The cryptocurrency market is showing strong momentum today, with Bitcoin gaining 7% to trade near $69,000, while Ethereum has rallied 11% to move back above $2,000.
-
Warner Bros indicated that Paramount has submitted a new buyout offer at $31 per share, potentially representing a superior bid to the one presented by Netflix.
-
Monthly inflation data from Australia exceeded expectations, increasing the likelihood of another rate hike by the RBA; consequently, AUD/USD is gaining nearly 1% today.
-
The yen remains weak amid speculation that the government prefers a cheaper currency and opposes interest rate hikes, pushing USD/JPY above 156.
-
Crude oil prices remain elevated due to risks associated with potential US strikes on Iran; despite Trump’s stated preference for a peaceful resolution, his remarks that Iran is rebuilding nuclear facilities during negotiations have raised the perceived probability of imminent airstrikes.
-
US crude inventories rose by nearly 16m barrels today, sharply higher than the anticipated 2m barrel build; while stocks are above last year's levels, they remain below the five-year average.
-
In the face of high prices and significant oversupply, countries including Russia and Iran are lowering their official export prices for crude.
-
The CME has reported a technical failure, suspending trading in natural gas and metals; the outage occurs ahead of tomorrow's First Position Day and Friday's First Notice Day for futures contracts.
BREAKING: Massive Crude Build Shatters Expectations. WTI is down by 1%
US OPEN: Wall Street holds its breath ahead of Nvidia earnings
Chart of the day: US100 gains ahead of the Nvidia earnings 📈
Morning wrap (25.02.2026)
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
