Pre-Markets Open in The Red
From Nasdaq: 2025-04-16 10:54:00
Pre-market futures show a mixed picture, with the Dow and S&P 500 down, but the Nasdaq plunging as NVIDIA faces a $5.5 charge on its H20 AI chips meant for China, due to trade war tensions. Retail sales for March beat expectations, hinting at companies pulling forward orders ahead of tariffs. Q1 earnings reports show Travelers, Abbott Labs, and U.S. Bank beating estimates. Autoliv posts strong earnings and revenue beats. A new top semiconductor stock is recommended by Zacks with significant growth potential amid rising demand for AI, ML, and IoT technologies.
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