Monday, May 18 – Nvidia and Dell Technologies World kick off a tech-charged week
Volatility & Momentum
The week starts with close monitoring of Intel (INTC) and Ondas (ONDS), expected to see strong volatility according to the options market.
The most overbought stocks (14-day RSI) are Robo.ai, Bandwidth, and Vishay Precision.
The most oversold are SunCar, EPAM Systems, and Zoetis.
Short interest remains high on PureCycle Technologies and Sunrun.
Results
Notable release: Baidu (BIDU).
Indexes & IPOs
- Lumentum (LITE) joins the Nasdaq 100
- SharkNinja (SN) enters the S&P MidCap 400
- Expected IPO: Lincoln International
- Potential prospectus for SpaceX
🖥 Major events
Dell Technologies World 2026 kicks off in Las Vegas with a highly anticipated keynote from NVIDIA CEO Jensen Huang.
Also begins: J.P. Morgan Global Technology, Media & Communications conference and the GamesBeat Summit.
Market focus: week dominated by AI, semiconductors, and index-linked flows.
Tuesday, May 19 – Google I/O and Home Depot in the spotlight
Results & investor events
Key reports and conferences: Home Depot, Toll Brothers, CAVA Group, and Amer Sports.
Strong volatility is expected for Hesai and Canaan after their results.
Major event: Google I/O 2026
Alphabet is hosting its annual developers conference in Mountain View.
On the agenda: major advances in artificial intelligence, Gemini, Android, and product innovations.
Other highlights
- 25th anniversary of the first Apple Store
- Vertiv investor conference
- Strategic vote at Two Harbors Investment
Market focus: consumer AI and US retail trends.
Wednesday, May 20 – Nvidia results and Fed Minutes: the key day of the week
Central event: Nvidia’s results
The release is highly anticipated after market close.
The market expects a move of around 6% post-release.
Investors will closely watch:
- Data Center performance
- AI spending by hyperscalers
- Visibility on demand for computing power
Stocks likely to react include AMD, Intel, Super Micro Computer, and Broadcom.
🏛 Macroeconomics
At 8:00 PM, the Federal Reserve’s Minutes are released.
The IEA will also publish its Global EV Outlook report.
Annual meetings are scheduled at Amazon and Citigroup.
Market focus: dual catalyst of AI and monetary policy.
Thursday, May 21 – Walmart, global PMIs, and GTA 6 speculation
🛍 Major results
Expected releases: Walmart, Deere, Ross Stores, Take-Two Interactive, Workday, and NIO.
Special case: Take-Two
Speculation surrounds the potential release of a new Grand Theft Auto 6 trailer.
The market expects a move of more than 9% after the release.
Global macro
Publication of global Flash PMIs, helping to assess the economic impact of the geopolitical context.
The Philly Fed index will be released at 8:30 AM.
Market focus: US consumer and early signals of global growth.
Friday, May 22 – Russell Rebalancing: watch for technical flows
Results
Notable release: BJ’s Wholesale.
Key event
FTSE Russell will publish preliminary lists of entries and exits for the Russell indexes.
Potential impacts include:
- Buying pressure on future inclusions
- Selling pressure on exits
Market focus: technical moves and index arbitrage.
