Morning Business Report: Nvidia outlook rattles AI sector as Kohls jumps, Krispy Kreme faces pressure

Nvidia’s latest earnings outlook has rattled Wall Street,.

(LILAMAX)- Nvidia’s latest earnings outlook has rattled Wall Street, raising concerns about a potential slowdown in the booming artificial intelligence sector. The company offered little clarity on its China business, a growing point of unease as U.S.-China trade tensions escalate. Roughly half of the world’s AI researchers are based in China, making the uncertainty more pronounced. Nvidia shares slipped following the report.

Retailer Kohl’s, however, moved sharply higher. The company has leaned into exclusive brands with lower price points while also bringing jewelry back into stores, a category previously cut to make room for Sephora shops. The strategy is resonating with budget-conscious shoppers trading down from pricier labels.

The broader market is coming off a winning session Wednesday, with investors shrugging off tariff worries and continuing to buy stocks.

Elsewhere, Krispy Kreme is facing pressure after a broken partnership with McDonald’s left the doughnut chain vulnerable, according to JPMorgan. The company is ramping up efforts to place its products in big-box retailers, grocery chains, and convenience stores across the U.S.

A new survey by Talker Research for Master Lock found that Americans view tornadoes as the most terrifying natural disaster, more so than tsunamis, earthquakes, or hurricanes. Confidence in handling severe weather varied by region, with Northeasterners most comfortable with blizzards and heatwaves, Southerners used to hurricanes, and Midwesterners unfazed by tornado warnings.