---
title: "Nvidia Delivers, Warsh Doesn't: A Split-Screen Week for Global Equities"
description: Global equities edged modestly higher over the past week, as a blowout Nvidia earnings beat and a sharp pullback in oil prices lifted risk appetite, only for a hawkish Jackson Hole debut from Federal Reserve Chair Kevin Warsh to reverse much of the optimism by Friday. This report examines the drivers behind the week's gains and reversals across the US, Europe, and emerging markets, including the rotation out of health care and small caps, the AI-driven strength in software and cybersecurity, and the easing of the oil risk premium following new US sanctions on Iran.
---

[Fast food for thought](https://blog.syzgroup.com/fast-food-for-thought)

# [Nvidia Delivers, Warsh Doesn't: A Split-Screen Week for Global Equities](https://blog.syzgroup.com/fast-food-for-thought/nvidia-delivers-warsh-doesnt-a-split-screen-week-for-global-equities)

 Written by [Jakub Dubaniewicz](https://blog.syzgroup.com/fast-food-for-thought/author/jakub-dubaniewicz) | Aug 31, 2026, 12:49:47 PM

<https://blog.syzgroup.com/hubfs/Equity_Weekly_21-28%20August%202026.pdf?hsLang=en><https://blog.syzgroup.com/hubfs/Equity_Weekly_15-22%20May_2026.pdf?hsLang=en><https://blog.syzgroup.com/hubfs/Equity%20weekly/Equity_Weekly_16-23_January_2026.pdf?hsLang=en>

[View full post](https://blog.syzgroup.com/fast-food-for-thought/nvidia-delivers-warsh-doesnt-a-split-screen-week-for-global-equities)

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