Nvidia, Walmart earnings, and the return of jobs numbers: What to watch this week

Nvidia, Walmart earnings, and the return of jobs numbers: What to watch this week

By Myles Udland
Publication Date: 2025-11-16 12:45:00

The final full week of trading for the month of November will bring investors two crucial earnings reports and the restoration of the September jobs report, which will set the tone for the year’s final weeks of trading.

Results from Nvidia (NVDA) after the close on Wednesday and Walmart (WMT) on Thursday morning will provide an update on the AI trade and the US consumer, which have offered investors reasons for enthusiasm and caution in the last few weeks.

This past week, US stocks battled their way back from a tech-led sell-off on Thursday as the government shutdown ended and investors recalibrated their bets on a December interest rate cut. The tech-heavy Nasdaq Composite (^IXIC) finished a volatile week of trading with a 0.4% loss, while the S&P 500 (^GSPC) was little changed and the Dow Jones Industrial Average (^DJI) eked out a 0.3% gain.

With the longest US government shutdown on record finally ending late Wednesday, the question now becomes what the economic cost will be when investors — and Federal Reserve officials — get the long-delayed updates on the US economy.

On Thursday, the government will begin playing catch-up with the release of the September employment report, originally scheduled for release on Oct. 3, delivering the first official update on the US labor market since September.

However, comments from White House officials late last week suggested we may not get a complete report this month. Combine this with a more cautious…