Computer chip maker Nvidia is at the head of the artificial intelligence revolution. Its results could determine where markets — and the economy — go next.

A leveraged “whale” has just placed a high-conviction bet on Nvidia (NVDA) ahead of the chipmaker’s next earnings report. The trader has opened a 10x long worth about $1.66 million on onchain derivatives platform Hyperliquid.

Dycom reported fiscal third-quarter earnings per share of $3.63 from sales of $1.5 billion. Wall Street was looking for $3.20 and $1.5 billion, respectively, according to FactSet.

Netflix has inked agreements with Hasbro, Mattel and Jazwares on merchandise tied to its media properties. The California-based company has also launched short- and long-term event spaces, including the new Netflix House Philadelphia.

Stocks moved mostly higher on Wednesday following a tech-led sell-off as investors awaited earnings from Nvidia (NVDA) that will set the tone for the next leg of the AI trade. Given that, Fed minutes set for release later will be put under the microscope for insight into the economy and future policy.

Target’s third-quarter earnings are slightly better than expected, but volatility and choppy demand prompt the retailer to trim its guidance for the fiscal year.

Nio reports third-quarter results next week. After that the company will be in the hot seat, as it’s set out to reach profitability by the fourth quarter.

Nvidia (NVDA) is scheduled to report third quarter earnings results after Wednesday's close. All of Wall Street will be watching Nvidia's earnings release very closely as chatter of a possible AI bubble increases.