Skip to main content

Featured

Market Cools as Nvidia’s Blowout Earnings Fail to Ignite Futures

  U.S. stock futures were mixed Thursday morning as investors digested Nvidia’s latest blockbuster earnings—results that impressed on paper but didn’t translate into broad market enthusiasm. Dow futures edged slightly higher, while S&P 500 and Nasdaq futures hovered near the flatline, reflecting a cautious mood across Wall Street. Nvidia delivered strong beats on quarterly revenue and profit, along with guidance that topped expectations. Despite the stellar numbers, the stock’s initial surge faded as traders questioned whether the AI boom can continue delivering outsized returns. Shares ultimately pared gains to under 1% in early trading. The broader market’s hesitation stems from growing concerns about the sustainability of heavy AI investment. Salesforce’s weaker outlook added to the uncertainty, dragging software shares and reinforcing fears that not all tech giants will benefit equally from the AI wave. Meanwhile, geopolitical tensions—including renewed U.S.–Iran nuclea...
Post a Comment
Read more

article

Labels

US Futures Rise as Dow Eyes Fresh Record Amid Bets on Trump

 

US stock futures climbed on Monday as investors weighed the market impact of a shooting attack on presidential candidate Donald Trump. The incident overshadowed the return of earnings season, but optimism remained high.

  • Dow Jones Industrial Average (YM=F) rose 0.5%: The blue-chip gauge ended last week just a few points away from an all-time high.
  • S&P 500 (ES=F) added 0.4%: Stocks poised to build on Friday’s gains as JPMorgan Chase and Wells Fargo ushered in earnings season.
  • Nasdaq 100 (NQ=F) gained 0.5%: Tech-heavy stocks also contributed to the rally.

Investors focused on the potential fallout from the assassination attempt on Trump at a rally on Saturday. Bets ramped up on a win in November’s presidential election for the Republican front-runner, seen as likely to cut taxes, raise trade tariffs, and ease up on regulation.

Other notable points:

  • 10-year Treasury yield (^TNX) rose over 2 basis points to trade around 4.21%.
  • 30-year yield (^TYX) also gained, steepening the yield curve.
  • Dollar (DX=F) edged up, and bitcoin (BTC-USD) surged to a two-week high above $62,830 amid speculation around former President Trump.
  • Trump Media & Technology (DJT) stock soared over 50% in pre-market trading.

In corporate news:

  • Alphabet (GOOG, GOOGL) is reportedly in talks for a $23 billion deal to buy cybersecurity start-up Wiz.

Later today, investors will closely listen to Jerome Powell’s comments for hints on the Federal Reserve chair’s view of the latest data.


Labels:

Comments

Post a Comment