Positive

From Nasdaq: 2025-04-16 10:28:00

Pre-market futures are currently in the red but may turn positive. NVIDIA reports a $5.5 charge on H20 AI chips due to trade war with China, causing a -6% drop in shares. Retail sales for March show improvement, possibly due to companies trying to beat tariffs. Q1 earnings strong for TRV, ABT, USB, and ALV.

TRV beats Q1 earnings by 200% but misses revenue estimates. ABT beats earnings but falls short on top line expectations. USB beats on both earnings and revenues. ALV posts strong beats on earnings and revenues. Zacks names top semiconductor stock with potential for growth due to high demand for AI, ML, and IoT. Global semiconductor market projected to grow significantly by 2028.

For more detailed information on the companies mentioned, check out the free stock analysis reports provided by Zacks Investment Research. Remember, the views and opinions expressed are those of the author and not necessarily Nasdaq, Inc.



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