With a week to go before semiconductor giant Nvidia releases its Q3 earnings results, NVDA stock is in a holding pattern. Here’s what investors may expect next.

The U.S. stock market is slumping on Thursday as Nvidia and other superstars swept up in the mania around artificial-intelligence technology keep weakening. The S&P 500 fell 1.1% in midday trading and pulled further from its all-time high set late last month.