With Meta's earnings report on Wednesday and Google parent Alphabet and Microsoft set to release theirs on Thursday, analysts expect artificial intelligence (AI) to be a key theme for big tech.
Google parent Alphabet is set to report first-quarter earnings after the closing bell Thursday, and analysts expect higher revenue and adjusted profit from the year-ago period but drops from the previous quarter.
Nvidia shares gained on Wednesday, rebounding after falling into correction territory as analysts said investors shouldn't worry about the chipmaker's recent selloff, citing its strengths amid the artificial intelligence boom.