This week is jam-packed with the latest earnings releases, including Home Depot (HD) on Tuesday and Nvidia (NVDA) and Lowe's (LOW) reporting this Wednesday. Slatestone Wealth chief market strategist and host of Yahoo Finance's Trader Talk,

Demand for Nvidia's pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as investors doubt the hefty spending on the technology after low-cost AI models from China's DeepSeek rattled the industry.

A recent stumble, however, came after the Chinese startup DeepSeek unveiled a lower-cost AI model that was seen as a threat to the dominance of U.S. rivals, driving Nvidia down roughly 17% on January 27, equivalent to $593 billion — a record one-day market value loss.