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U.S. stock index futures are climbing after the S&P 500 and Nasdaq broke a four-day downward trend; Nvidia (NVDA) experienced a rise in its stock price during turbulent pre-market trading as its earnings report surpassed market predictions; Salesforce (CRM) shares dropped following disappointing quarterly results; Snowflake (SNOW) shares surged thanks to robust performance and a positive forecast regarding AI demand; Dell (DELL) stock increased ahead of its earnings report scheduled for release after the market closes. Investors should take note of this information today. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
1. U.S. Stock Index Futures Rebound After S&P 500 and Nasdaq Drop
U.S. stock index futures are higher as investors process a series of corporate earnings reports and anticipate inflation figures due on Friday. The S&P 500 and Nasdaq futures concluded their four-day downturn yesterday, both climbing nearly 1%. Dow Jones Industrial Average futures rose by 0.3%, bouncing back from a decline on Wednesday. Bitcoin (BTCUSD) increased by almost 3%, trading above $86,000, while the yield on the 10-year Treasury note slightly ticked up to around 4.3%. Gold futures decreased by 1%, whereas oil futures experienced a similar rise.
2. Nvidia Stock Increases Following Strong Earnings Announcement
Nvidia (NVDA) shares rose by 2.5% in turbulent pre-market trading, as the AI frontrunner reported quarterly results that exceeded expectations and offered a robust outlook. The semiconductor manufacturer disclosed an adjusted net income of $22.07 billion for the fourth quarter, with revenue skyrocketing 78% year-over-year to $39.33 billion, both surpassing Visible Alpha’s consensus estimate. Nvidia anticipates current quarter revenue to reach $43 billion, with a margin of error of plus or minus 2%, compared to analysts’ earlier expectation of $42.11 billion.
3. Salesforce Shares Drop Due to Unsatisfactory Performance and Forecast
Salesforce’s (CRM) shares dropped 3% in pre-market trading following unsatisfactory financial outcomes that fell short of projections, coupled with a pessimistic forecast. The firm disclosed an adjusted earnings per share (EPS) of $1.75, with revenue increasing by 8% year-over-year to $9.99 billion, all below the consensus predictions from Visible Alpha. For the fiscal year 2026, Salesforce anticipates an adjusted EPS ranging from $11.09 to $11.17, with revenue expected to lie between $40.5 billion and $40.9 billion, also not meeting market forecasts.
Snowflake’s (SNOW) stock jumped 13% in pre-market trading as the cloud software firm surpassed earnings predictions and conveyed confidence regarding robust demand for artificial intelligence. The company announced an adjusted EPS of $0.30 for the fourth quarter of fiscal year 2025, with revenue rising 27% year-over-year to $986.8 million. Analysts polled by Visible Alpha had projected an EPS of $0.18 and revenue of $957.6 million. Snowflake also expects a 21%-22% increase in product revenue for the ongoing quarter. Prior to Thursday, its stock had fallen nearly 30% over the last year.
Dell Technologies (DELL) experienced a 2% increase in its stock ahead of its quarterly earnings announcement. The computer manufacturer is anticipated to achieve quarterly growth in both adjusted EPS and net sales, with its infrastructure solutions division (which includes servers and networking solutions) expected to see a 25% year-over-year revenue rise. These results follow reports indicating that Dell is close to finalizing a deal to sell over $5 billion worth of Nvidia GB200 chip-driven servers to Elon Musk’s xAI. Before Thursday, Dell’s shares had appreciated by more than 25% over the previous year.
