Wall Street Week Ahead: Nvidia earnings, Anthropic IPO, Federal Reserve minutes, retail sales - Top things to watch

What happened

Nvidia is scheduled to release its fiscal third-quarter earnings on Tuesday, with analysts expecting significant growth. At the same time, Anthropic, an AI company known for its Claude chatbot, is preparing to launch its initial public offering, with shares set to begin trading on Thursday. Investors are also watching for the release of the Federal Reserve's October meeting minutes and key US retail sales data this week. Several other major companies, including Walmart and Disney, are also reporting earnings.

Key details

• Nvidia's earnings are projected to grow by about 90% for the quarter.
• Anthropic's IPO is expected to raise up to $64.4 billion, with a possible valuation of $1.4 trillion.
• Anthropic plans to sell 825 million shares at $70-$78 each.
• The Federal Reserve's October meeting minutes and US retail sales data are due this week.

Why it matters

Investors in technology and AI sectors will get new information on whether large investments in AI infrastructure are resulting in sustained demand, especially for Nvidia's products. Those considering Anthropic's IPO face a decision about investing in a major new AI company at a time of uncertainty about the returns from AI spending. The Federal Reserve's updates and retail sales data will affect expectations for interest rates and consumer spending, impacting financial markets and business planning.