How Nvidia’s earnings sparked a Nikkei rally while China slips — Market Wrap May 21

Today's AI insights from 7horns.ai highlight a mixed global market with Japan’s Nikkei soaring 3.57% amid strong chip and AI enthusiasm, while China’s markets show caution, with the FXI ETF down 1.63% pre-market. Nvidia’s blockbuster Q1 earnings, featuring 85% revenue growth and a $91 billion Q2 outlook, set the tone for U.S. markets, though futures remain flat. Nvidia shares edged up 0.3% after an initial dip, reflecting investor confidence. In contrast, Intuit tumbled 13.08% pre-market following a 17% workforce cut despite an earnings beat, signaling AI-driven restructuring pressures. Meanwhile, ARM extended gains, rising 3.3% on continued semiconductor optimism. This divergence underscores how AI innovation drives selective sector strength amid broader market caution. AI insights powered by 7horns.ai — the world's first true AI research financial assistant. Our CNN machine learning model delivers daily stock market analysis with over 60% accuracy, beating the S&P 500 by 300% from 2021–2025. No human emotions, just pure AI-driven financial research. Visit 7horns.ai for your free daily AI insights.