After the interest rate cut frenzy, the US stock market is facing a series of major tests: Nvidia (NVDA.US) financial report and PCE data will be released this week!

Intelligence Finance App learned that after Federal Reserve Chairman Jerome Powell opened the door to a rate cut in September, the U.S. stock market ended last week's trading with continuous gains. This week, the financial report of Nvidia (NVDA.US), the world's largest market value company and a leader in the AI industry, will test this summer rally that has pushed the stock market back near historic highs.