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Kingsbury Strikes Gold to Open Canada’s Medal Count

Canada's Mikael Kingsbury wins Olympic gold in men's dual moguls. Mikael Kingsbury has delivered a landmark moment for Team Canada, capturing the nation’s first gold medal of the Milan Cortina Olympics. The freestyle skiing superstar put down a commanding moguls run, blending speed, precision, and trademark control to secure the top spot. Already regarded as one of the greatest moguls athletes in history, Kingsbury added yet another highlight to his remarkable career. His victory energized the Canadian contingent and set a confident tone for the days ahead. As the flag rose behind him during the medal ceremony, Kingsbury’s performance stood as both a personal triumph and a powerful start to Canada’s Olympic campaign.

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Wall Street Pauses as Nvidia’s Data Center Miss Tempers AI Euphoria

US stock futures were muted Thursday morning as investors digested Nvidia’s latest earnings, which beat expectations on revenue and profit but fell short in data center sales — a key growth driver for the AI chipmaker.

The Dow Jones Industrial Average edged up 0.1% to 45,565.23, showing resilience amid tech weakness, while S&P 500 and Nasdaq 100 futures hovered near the flatline. Nvidia shares slipped 0.09% to $181.60 after an initial steeper drop, as the market weighed whether the AI boom can sustain its blistering pace.

CEO Jensen Huang highlighted “extraordinary” demand for the company’s Blackwell AI chips and projected China as a $50 billion opportunity, despite ongoing US export restrictions. Still, the softer data center results prompted a cautious tone across the tech sector, with AMD and other AI-linked stocks also under pressure.

Beyond Nvidia, traders are eyeing fresh US economic data, including jobless claims and Q2 GDP revisions, for clues on the Federal Reserve’s next move on interest rates. Friday’s PCE inflation reading remains the week’s most anticipated macro event.

Elsewhere, Snowflake shares surged on upbeat guidance tied to AI adoption, while Dollar General jumped after raising its 2025 outlook. The mixed corporate and macro signals left Wall Street in a holding pattern, with investors balancing optimism over AI’s long-term potential against near-term growth concerns.

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