A slew of Wall Street analysts covering Nvidia Corp. are boosting their expectations for the chipmaker’s stock ahead of its quarterly earnings release due Aug. 27.

The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.

Nvidia declines as reports say the company has asked some of its suppliers to stop production related to its H20 processors, which are made for the Chinese market.

Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to ...