Ahead of Nvidia’s highly anticipated Q2 earnings, the market reacted dramatically following the company’s report, which exceeded expectations but still saw its shares drop 5% in after-hours trading. Notable stock movements included C3.ai, which surged after strong fiscal results and promising future earnings growth, and Arm Holdings, benefiting from accelerated earnings. Retailers Target and TJX both exceeded earnings expectations and improved their outlooks, boosting investor confidence. In contrast, Macy’s stock plummeted after reporting a revenue decline and lowering its forecast. Overall, the earnings reports highlighted a strong interest in AI stocks and their influence on market sentiment.