Fundstrat’s Tom Lee joins CNBC’s Closing Bell to discuss how investors should position ahead of Nvidia’s earnings tomorrow and what to watch from the Fed’s upcoming decisions. He shares why Nvidia remains central to the AI trade, why financials may be the next big beneficiaries of AI and blockchain.

AI-generated source summary

The analysis discusses that despite recent concerns about NVDA, the narrative around AI being the biggest structural change still holds, but Q3 guidance is key, and in any case there is the possibility for it going up dramatically after reporting on Wednesday after close. In addition to this, analysis indicates that financials, tracked via XLF ETF, present an interesting investment opportunity. The financials benefit from AI, but they are trading like cyclical stocks and should re-rate higher. The implied target for the NVDA is $250 and the implied target for the XLF is $65.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   27 Aug 2025, 04:32 UTC

   The analyst published the original source item.

2. First prediction resolved

   02 Sept 2025, 13:30 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

4. Market predictions extracted

   18 May 2026, 20:47 UTC

   2 eligible signals linked to this case.

5. Outcome tracking started

   02 Jul 2026, 02:13 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Case evaluation completed

   02 Jul 2026, 02:15 UTC

   All evaluable predictions in this case reached terminal outcomes.