Nvidia's Earnings Boost AI Momentum Amid Market Fluctuations

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Source: Benzinga
Nvidia's Earnings Boost AI Momentum Amid Market Fluctuations
Photo: Benzinga
TL;DR Summary

U.S. stock futures are down on Thursday as Nvidia's earnings guidance fell short of some expectations, impacting other chipmakers like Qualcomm and Intel. Despite Nvidia's strong revenue growth, its shares fell 2.6% in premarket trading. Analysts remain optimistic about Nvidia's long-term potential, with some predicting a tech-driven market surge. Meanwhile, crude oil prices rose amid geopolitical tensions, and investors await key economic data releases, including jobless claims and home sales figures.

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