U.S. stock index futures rose Wednesday as bond yields fell and traders eyed results from Nvidia, the chipmaker at the forefront of the artificial...
U.S. stock index futures rose Wednesday as bond yields fell and traders eyed results from Nvidia, the chipmaker at the forefront of the artificial intelligence software boom, due after the market close .
What’s driving markets Stock index futures firmed early Wednesday after bond yields in Europe and the U.S. fell in the wake of news that eurozone economic activity contracted more than expected to a 33-month trough. With Nvidia’s shares up 212% this year — against the S&P 500’s 14.3% gain — the chipmaker encapsulates the enthusiasm for big technology stocks and AI excitement that together helped drive equity indices higher for much of 2023.
“Investors will focus on whether Nvidia’s Q2 sales meet the $11 billion estimate. Anything less than absolutely fantastic could trigger a sharp downside correction in Nvidia’s stock price which rallied 345% since the October dip,” said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
This chip stock could yield a quick profit, depending on Nvidia's earnings, Morgan Stanley saysHow well Nvidia performs Wednesday could have implications for this derivative play, according to Morgan Stanley.
Leer más »
Nvidia’s stock snaps losing streak and sits 1% below record close as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the company's report.
Leer más »
European stock futures higher; PMI data, Nvidia results in focus By Investing.comEuropean stock futures higher; PMI data, Nvidia results in focus
Leer más »
Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earningsAsian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week.
Leer más »
On eve of Nvidia results, Cathie Wood sells more stock in the chipmakerCathie Wood sold some of her remaining Nvidia stake after the stock surged on Monday.
Leer más »
Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom SharesThe investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
Leer más »