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Wall Street Futures Surge as Nvidia Fuels AI Rally Ahead of Jobs Report

  US stock futures climbed sharply on Thursday after Nvidia’s blockbuster earnings reignited confidence in the artificial intelligence trade, easing concerns of an AI bubble. The Nasdaq 100 led gains with futures up nearly 1.8% , while S&P 500 futures rose about 1.3% and Dow Jones futures added 0.7% . Nvidia shares surged more than 5% in premarket trading after the chipmaker reported stronger-than-expected third-quarter results and issued a bullish revenue outlook for the fourth quarter. CEO Jensen Huang highlighted unprecedented demand for the company’s Blackwell processors , describing sales as “off the charts.” The upbeat forecast reassured investors that the recent cooling in AI-linked stocks was not a sign of long-term weakness. The rally extended momentum from Wednesday, when the Dow and S&P 500 snapped a four-day losing streak. Other semiconductor stocks, including AMD, Micron, and Broadcom , also advanced in premarket trading, riding Nvidia’s wave of optimism....
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South Korean Parliament Impeaches President Yoon Over Martial Law Decree

 

In a historic move, South Korea's parliament voted to impeach President Yoon Suk Yeol following his controversial martial law decree on December 3rd. The National Assembly passed the motion with a significant majority, 204-85. This decision came after Yoon's short-lived martial law order, which lasted only six hours before being unanimously overturned by parliament.

The impeachment motion was driven by allegations of rebellion and a violation of the constitution, as Yoon's decree was seen as an attempt to undermine democratic processes. Prime Minister Han Duck-soo will assume presidential duties while the Constitutional Court reviews the impeachment, a process that could take up to 180 days.

The impeachment has sparked widespread public reaction, with jubilant crowds celebrating outside the National Assembly. President Yoon, in a statement, vowed to continue serving the country despite the temporary suspension of his powers.


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