Stock futures rose significantly after Nvidia’s strong revenue guidance for the current quarter, dispelling concerns of an artificial-intelligence slowdown. Dow Jones futures gained 0.5%, S&P 500 futures added 1.0%, and Nasdaq 100 futures jumped 1.3%. Nvidia exceeded earnings and revenue estimates, with its shares rising 5.1% in late trading. CFO Colette Kress highlighted that the guidance did not include revenue from China.
Read more at Dow Jones & Company: Markets Surge as Nvidia Earnings Reignite the AI Rally. Stock Futures Soar.
