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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...
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Third Time's the Charm? Canadian Government Faces Another Tory Non-Confidence Vote

 

In Ottawa today, the Liberal government is bracing for its third Conservative non-confidence vote. Despite the tension, the government is expected to survive, thanks to the support of the New Democratic Party (NDP).

The motion, which quotes NDP Leader Jagmeet Singh's criticisms of the Liberals, calls for the House to agree with Singh and vote to bring down the government. However, Singh has already stated he will not support the Conservatives, making the motion's failure likely.

In addition to the non-confidence vote, the House will also vote on an NDP motion to expand the GST break and the $250 "working Canadians rebate" to fully retired seniors and people relying on disability benefits. These votes come as the House faces a deadline to approve billions of dollars in government spending, including $21.6 billion for housing, dental care, and the national school food program.

The House has been gridlocked since late September due to a Conservative filibuster over a privilege motion related to the Liberals' refusal to provide unredacted documents about a now-defunct green technology fund. This gridlock was temporarily paused by House Speaker Greg Fergus to allow for the spending debate and opposition motions.

As the political drama unfolds, Canadians are watching closely to see if the government can navigate these turbulent waters and continue to function effectively.




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