One notable trader thinks Nvidia could disappoint

Frank Holland breaks down what traders are watching ahead of the new session.
Long-term yields continue to rise as Trump amps up fight for Fed control

Long-term U.S. Treasury yields continued to move higher Wednesday following the latest efforts by President Donald Trump to take charge of the Federal Reserve.
Abercrombie sales growth slows again, but Hollister surges 19%

Abercrombie & Fitch’s namesake brand is struggling to lap the massive growth it saw in prior quarters. Its teen-focused Hollister brand is now fueling sales.
Kohl’s shares jump more than 20% after big earnings beat

Kohl’s beat on earnings and revenue as it tries to turn around sales and find a new CEO.
Goldman Sachs downgrades Deutsche Bank following massive year-to-date rally

Goldman Sachs remains largely bullish on Deutsche Bank’s outlook despite downgrading shares to a neutral rating from buy.
Mortgage demand and interest rates remain stuck at low levels

Mortgage demand barely moved last week. With no real change in mortgage interest rates, consumers have little incentive to refinance.
How Roth conversions could slash Trump’s $40,000 ‘SALT’ deduction for high earners

Trump’s “big beautiful bill” increased the SALT deduction cap to $40,000. But Roth conversions could threaten the tax break for higher earners.
China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump

The numbers underscore how local Chinese challengers to Nvidia are gaining traction as Beijing looks to push its domestic industry.
Canada Goose rises 7% in premarket trading after controlling shareholder gets take-private bids

Private equity firm Bain Capital is looking to offload its holding in Canada Goose, sources told CNBC.
Tariffs aren’t enough to bring furniture manufacturing back to the U.S., Jim Cramer says

CNBC’s Jim Cramer told investors that he believes extensive domestic furniture manufacturing is largely a thing of the past.