Builders FirstSource and other home building stocks jump as Federal Reserve Chairman Jerome Powell signals interest-rate cuts could be coming.

The stock has gone on a parabolic run since hitting a 52-week low in April this year, and it seems primed for more upside following its upcoming earnings report.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?

NVIDIA Corporation (NASDAQ:NVDA) is one of the Must-Watch AI Stocks for Investors. On August 19, TD Cowen analyst Joshua Buchalter raised the price target on the stock to $235.00 (from $175.00)

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

Fed Chair Jerome Powell's address on Friday and Nvidia earnings after the close on Wednesday may hold the keys as to whether the bull market can continue. "In the near-term, if Chair Powell can give a market-friendly speech and NVDA can meet,

Nvidia stock is currently set to record its first two-week losing streak since April amid fears of an AI bubble.