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Following a four-day downturn for the S&P 500 and Nasdaq, U.S. stock futures have demonstrated some recovery; Nvidia (NVDA) stocks increased during erratic pre-market trading as its earnings surpassed market anticipations; Salesforce (CRM) stocks declined as the cloud software firm’s quarterly results fell short of expectations; Snowflake (SNOW) stocks experienced a significant rise due to robust performance and a positive forecast for artificial intelligence demand; Dell (DELL) stocks rose in anticipation of its earnings announcement. Here are the crucial aspects investors should focus on today.
1. S&P 500 and Nasdaq Conclude Decline, Stock Futures Climb
As investors process a series of corporate earnings and await Friday’s inflation report, U.S. stock futures suggest a positive trajectory. Both S&P 500 and Nasdaq futures increased by nearly 1%, concluding yesterday’s four-day downturn. The Dow Jones Industrial Average futures rose by 0.3%, recovering after Wednesday’s drop. Bitcoin (BTCUSD) climbed nearly 3%, trading above $86,000, while the yield on the 10-year Treasury bond marginally increased to around 4.3%. Gold futures decreased by 1%, whereas oil futures advanced by a similar amount.
2. Nvidia Stocks Surge Following Impressive Earnings Report
Nvidia (NVDA) stocks rose by 2.5% in turbulent pre-market trading, fueled by its dominance in the artificial intelligence (AI) field and a quarterly performance that exceeded expectations. The semiconductor manufacturer reported an adjusted net profit of $22.07 billion for the fourth quarter, with revenue skyrocketing 78% year-over-year to $39.33 billion, both exceeding consensus projections from Visible Alpha. Nvidia anticipated current quarter revenue at $43 billion, with a variance of 2%, compared to analysts’ forecasts of $42.11 billion.
3. Salesforce Stocks Decline Due to Weak Performance and Outlook
Salesforce’s (CRM) shares declined by 3% in pre-market trading following unsatisfactory financial outcomes that fell short of projections. The cloud computing firm disclosed an adjusted earnings per share (EPS) of $1.75, with revenue rising 8% compared to the previous year, totaling $9.99 billion, both figures missing the consensus estimate from Visible Alpha. For the fiscal year 2026, Salesforce expects adjusted EPS to be in the range of $11.09 to $11.17, with revenue anticipated to be between $40.5 billion and $40.9 billion, which also does not meet market forecasts.
Snowflake’s (SNOW) shares jumped 13% in pre-market trading after the cloud software firm surpassed profit expectations and conveyed confidence in robust demand for artificial intelligence. The company reported an adjusted EPS of $0.30 for the fourth quarter of fiscal year 2025, with revenue increasing by 27% year-over-year to $986.8 million. Analysts consulted by Visible Alpha had estimated EPS at $0.18 and revenue at $957.6 million. Snowflake also projects product revenue to rise by 21%-22% in the ongoing quarter. Before Thursday, its shares had fallen nearly 30% over the last year.
Dell Technologies’ (DELL) stock increased by 2% ahead of its quarterly earnings announcement. The computer manufacturer is anticipated to report quarterly growth in both adjusted EPS and net sales, with its infrastructure solutions division, which includes servers and networking products, expected to experience a 25% year-over-year revenue boost. This news follows reports that Dell is close to finalizing an agreement with Elon Musk’s xAI to sell over $5 billion worth of Nvidia GB200 chip-enabled servers. As of Thursday, Dell’s stock has risen by more than 25% over the past year.
