#Circle与Nvidia财报在即 Tonight, Circle and Nvidia will release their earnings reports, and whether AI narratives can once again "support" the crypto market will be a focus.

USD stablecoin USDC issuer Circle will release its earnings report before the US stock market opens on February 25; Nvidia will announce its earnings after the market close on February 25 (Beijing time February 26 at 5:00).

The market is generally paying attention to the spillover effects of the performance of these two companies on risk assets. Nvidia's stock price has remained volatile at high levels in recent months, with limited gains so far this year. Wall Street is concerned that even with strong earnings, short-term profit-taking pressure could amplify volatility and impact the global AI industry chain and related asset prices.

Historically, multiple better-than-expected earnings reports from Nvidia have boosted risk appetite and improved sentiment during phases of crypto market correction. At this juncture, investors are assessing the linkage between AI capital expenditure cycles, semiconductor profitability prospects, and stablecoin business growth. The CRCL and Nvidia earnings reports may serve as an important window to observe the resonance between the tech and crypto markets.