U.S. stock futures are rising after the S&P 500 and Nasdaq ended a four-session decline on Wednesday, with futures for both indices increasing nearly 1%. The Dow Jones industrial average futures are up 0.3%. Bitcoin has gained approximately 3%, exceeding $86,000, while 10-year Treasury bond yields have increased slightly. Gold futures dropped 1%, but oil futures rose similarly.
Nvidia (NVDA) stocks are up 2.5% in pre-market trading after the chipmaker reported quarterly results that exceeded expectations. The company recorded a quarterly net income of $22.07 billion, a 78% year-on-year increase, and is forecasting revenue of $43 billion for the current quarter.
In contrast, Salesforce (CRM) stocks are declining by 3% following disappointing quarterly revenue results and a lackluster outlook, projecting adjusted EPS for fiscal year 2026 of $11.09 to $11.17 against revenues of $40.5 billion to $40.9 billion.
Snowflake (SNOW) is seeing a significant rise, with stocks up 13% after posting strong quarterly results and a positive outlook driven by robust AI demand. The company’s adjusted EPS was $0.30 on revenues of $986.8 million, exceeding analyst expectations.
Dell Technologies (Dell) shares have risen by 2% ahead of its earnings report, expected to show profits driven by strong sales in its Infrastructure Solutions Group. The stock has gained over 25% in the past year leading up to this announcement.
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