Nasdaq set to lead Wall Street’s open after Nvidia’s strong earnings spark renewed focus on AI demand
Dow and S&P 500 futures were roughly flat ahead of Thursday trading, while Nvidia’s earnings strength boosted sentiment toward technology stocks.
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Dow and S&P 500 futures were roughly flat ahead of Thursday trading, while Nvidia’s earnings strength boosted sentiment toward technology stocks.
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A pre-bell market update tied a jump in semiconductors to Nvidia’s latest results, while the same report canvassed macro releases, oil moves, and global equity direction.
Hugging Face, known for hosting open-source AI models, began as a chatbot aimed at teenagers. A reported Nvidia deal price of $12.9 billion puts the market’s attention on the companies that sit between developers and the models they use.
U.S. stock indexes showed mixed direction, while tech futures gained as Nvidia, Salesforce and CrowdStrike climbed on Thursday’s earnings-related news.
US stocks were mostly higher before the opening bell as investors digested the latest NVIDIA developments and awaited commentary from the Federal Reserve.
Federal trade officials are examining whether a Singapore-based freight forwarder handled a set of 2024 shipments tied to Nvidia chips that may have violated U.S. export rules, according to reports.
A CNBC interview framed Nvidia’s latest results as part of an “AI Jenga” buildout that depends on adoption across major cloud and enterprise platforms, with spillover opportunities for software and security vendors.
The chipmaker topped expectations and raised forward guidance, yet indicated it is still not relying on sales into China as the market’s outlook remains uneven.
US index futures were mostly higher ahead of Thursday’s open as traders looked to Nvidia’s latest results for direction, with semiconductors gaining alongside broader technology sentiment.