On watch ahead of its Q2 2027 earnings report, scheduled to be released on Wednesday, August 26 (ETA 4:20 PM ET). Analysts are looking for the company to post earnings of $2.09 per share and revenue of $91.71 billion. Why it matters: BofA expects Nvidia to beat and raise guidance by 3–4% in Q2, with investors more focused on potential disclosure of large multi-year commitments to secure AI supply, power, cloud services and demand. The firm argues NVDA’s valuation has fallen too far relative to peers and sees substantial upside from stronger cash returns, suggesting a 50–75% FCF payout could support the stock as free cash flow approaches $1 billion per day.

Sources: NVIDIA Q2 FY27 call notice; MarketWatch Nvidia setup; Barrons early futures update

Iran and Oman are nearing a deal to establish a temporary safe-navigation corridor through the Strait of Hormuz, including joint mine-clearing efforts, while negotiations continue toward a permanent corridor and framework for managing the vital waterway. The prospect of restored shipping has pressured oil prices, with Brent falling below $90 per barrel as vessel traffic remains well below normal levels and markets anticipate reduced geopolitical risk. Why it matters: On Tuesday afternoon, Russian news source RIA Novosti reported that a new ceasefire between Iran and the US could be released in the next few days.

Meta and attorneys general from 29 states are discussing a potential mid-trial settlement in a federal case alleging Facebook and Instagram harmed young users and violated consumer-protection and child-data laws. Why it matters: Meta estimates a worst-case trial outcome could result in up to $1.4 trillion in penalties, while a settlement would likely be far smaller. Mark Zuckerberg may testify if the case proceeds.

Sources: WSJ stocks-to-watch Meta settlement talks

China’s Moonshot AI is in early talks with Microsoft, Amazon and Google to host its Kimi K3 model on Azure, AWS and Google Cloud, seeking up to a 30% share of related revenue. Why it matters: If completed, the agreements could mark the first major revenue-sharing deals between a Chinese AI company and major U.S. cloud providers, despite ongoing U.S. national-security concerns over Moonshot.

Wolfe Research maintained an Outperform rating and a $175 price target on SpaceX, saying Starship’s growth is currently constrained by launch licenses and physical infrastructure despite U.S. efforts to enable more than 1,000 launches annually by 2030. The firm views the $100 billion Starbase Louisiana project as a major step toward enabling high-frequency Starship launches, though its scale and phased construction beginning in 2027 underscore that full reuse and high launch cadence remain years away.

Gapping down after its Q2 2027 earnings report. Revenue of $1.28 billion and adjusted EPS of $1.55 beat estimates of $1.27 billion and $1.48, respectively. Enterprise revenue grew by 7.8% year-over-year to $787.5 million, and non-GAAP operating margin came in at 40%,. Zoom projected in-line FY 2027 revenue of $5.09B-$5.1B, though its adjusted EPS forecast of $6.08-$6.12 topped estimates of $6.04. The company guided in-line revenue and weaker-than-expected adjusted EPS for Q3 2027.

Sources: IBD Zoom earnings report; WSJ Zoom enterprise revenue report

Trading lower premarket after its Q2 2026 earnings report. Revenue of $1.5 billion met analyst estimates, while adjusted EPS of $0.62 sharply outpaced estimates of $0.24. Net income grew by 84% year-over-year to $118 million, well above estimates of $49.4 million. The company expects FY 2026 net sales to decline by 2.5% to 4%., while Q3 2026 net sales are projected to drop by 2.5% to 5%.

Sources: Bath & Body Works report notice; StreetInsider Aug. 26 earnings calendar

Li Auto reported Q2 revenue of RMB25.7 billion and a RMB1.7 billion net loss, with Q2 deliveries down year over year. The company projected Q3 2026 deliveries of 95,000 to 100,000 vehicles.

Sources: Li Auto Q2 2026 results release via Yahoo Finance; WSJ Li Auto earnings report

Gapping down after its Q4 2026 earnings report. Revenue of $4.4 billion topped estimates of $4.27 billion, while adjusted earnings of $4.03 per share beat estimates of $3.58. The company projected FY 2027 revenue between $23.3 billion and $23.5 billion, below estimates of $23.72 billion; its adjusted EPS outlook of $22.88-$23.12 for the same period came in well below estimates of $27.32. Intuit also projected weaker-than-expected EPS and revenue for Q1 2027.

Sources: IBD Intuit earnings and outlook report; WSJ Intuit slower-growth forecast

Gapping up after its Q3 2026 earnings report, with revenue of $216 million and adjusted EPS of $0.50 beating estimates of $209 million and $0.40, respectively. The company projected Q4 2026 revenue between $207 million and $227 million, compared to estimates of $216 million.

Sources: Benzinga earnings calendar; StreetInsider Aug. 26 earnings calendar

YY Group canceled the planned $5.94 million second tranche of financing and immediately eliminated all 11,284 outstanding warrants, removing potential dilution. The company expects to repay the remaining ~$1.37 million of its first tranche by Dec. 31, 2026, after which it expects to have no convertible debt or warrants outstanding. Why it matters: The stock has a market capitalization of $18.2 million and a float of 1.58 million shares, 18.2% of which are sold short.