Live Feeds
● TRACKER Updated 19d ago · 9 sources tracked

Nasdaq Futures Rise on Bullish Nvidia Sales Growth: Markets Wrap

Nasdaq futures rose 1% following a blowout quarterly report from Nvidia Corp. The chipmaker's sales growth and positive outlook spurred a rally in technology stocks and renewed confidence in the artificial-intelligence trade. Nvidia shares jumped 4% after the release, contributing to a rise in Dow Jones futures and a third consecutive day of gains for some Asian stocks. Wall Street analysts responded to the results by hiking their price targets for the company.

🎙️

Listen to Live Briefing

Real-time synthesized voice briefing · Live Feeds Desk

⏱ ~2 min
Speed:
RSS Source map (10)
⚡ Key Developments & Real-Time Context
Text size:
  • ✓ Nasdaq futures rose 1% on Nvidia's sales outlook.
  • ✓ Nvidia shares jumped 4% after earnings.
  • ✓ Asian stocks rose for a third day following the Nvidia beat.
  • ✓ Wall Street analysts hiked price targets for Nvidia after the quarterly release.
🛡️ Source Corroboration: 9 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Nvidia released its quarterly earnings report and sales outlook, triggering a rally in tech futures and Asian markets.

Live updates

  1. Nasdaq Futures Rise as Nvidia Reports Blockbuster Earnings

    Nasdaq futures rose 1% following a blowout quarterly report from Nvidia Corp. The chipmaker's sales growth and positive outlook spurred a rally in technology stocks and renewed confidence in the artificial-intelligence trade. Nvidia shares jumped 4% after the release, contributing to a rise in Dow Jones futures and a third consecutive day of gains for some Asian stocks. Wall Street analysts responded to the results by hiking their price targets for the company.

    Why it matters

    Nvidia entered this reporting period with a revenue target of $91 billion and expectations for a Blackwell ramp. The company had beaten earnings for four consecutive quarters, though its stock had previously fallen in the days following those reports.

    What is confirmed

    • Nasdaq futures rose 1% on Nvidia's sales outlook.
    • Nvidia shares jumped 4% after earnings.
    • Asian stocks rose for a third day following the Nvidia beat.
    • Wall Street analysts hiked price targets for Nvidia after the quarterly release.

    Still unconfirmed

    • Nvidia had a revenue target of $91 billion for the report.
    • The company has a near-certain Blackwell ramp.

    What to watch next

    • Further price target adjustments from Wall Street analysts
    • Market reaction to the Blackwell ramp progress
    Sources used for this update (10)
    1. MarketWatch — Nvidia earnings are only hours away. Here’s everything you need to know.
    2. 247wallst.com — Live: Will Nvidia Crush Q2 Earnings Tonight After the Market Closes?
    3. CNBC — Stock futures rise as Nvidia shares jump 4% after earnings: Live updates
    4. Bloomberg — Nasdaq Futures Rise on Bullish Nvidia Sales Growth: Markets Wrap
    5. Reuters — Asian stocks rise for third day as Nvidia beats
    6. WSJ — Asian Stocks Mixed After Nvidia Earnings
    7. Reuters — Morning Bid: Jensen to market: We're so back
    8. Investor's Business Daily — Dow Jones Futures Rise; Nvidia, CrowdStrike, Okta, Salesforce Lead Earnings Movers
    9. www.cnbc.com — Nvidia just had another blowout quarter, leaving analysts even more bullish on the chipmaker
    10. www.swissinfo.ch — Nasdaq Futures Rise 1% on Nvidia’s Sales Outlook: Markets Wrap
    confidence 90%
📊

Community Sentiment: How do you assess this situation?

Voice your perspective · Real-time aggregated sentiment from the Live Feeds community