3 Key Earnings Reports That Could Impact the Market - Target, Nvidia and Cisco

Strong results from major retailers and data on October sales pushed stocks higher on Tuesday, kicking off a major earnings week for the industry. Walmart Inc (NYSE:WMT) expects a strong sales season, raising its annual sales and profit forecasts. Target Corporation (NYSE:TGT) will release earnings reports on Wednesday, Macys and other retailers will be announcing their earnings later in the week. President Joe Biden took off on Tuesday, after enacting the $1 trillion infrastructure package at a ceremony at the White House on Monday. The new law includes spending hundreds of billions of dollars to improve roads, bridges, ports and other infrastructure. Here are three things that could affect the markets tomorrow:

1. Target

Target's third-quarter revenue was $24.54 billion and earnings per share were $2.81, according to Investing.com analysts.

2. Nvidia

NVIDIA Corporation (NASDAQ:NVDA) is expected to report earnings per share of $1.11 on third-quarter revenue of $6.82 billion.

3. Cisco

Network and cloud computing giant Cisco Systems Inc (NASDAQ:CSCO) will report revenue of $12.98 billion in the first quarter with EPS of 80 cents, according to analysis followed by Investing.com.     3 Key Earnings Reports That Could Impact the Market - Target, Nvidia and Cisco Source: Investing.com You may also be interested in: Investors Should Watch Amazon’s Slowing Growth.