Stock Futures Surge After Nvidia Beats Expectations: Real-Time Updates and Insights

Admin

Updated on:

Stock Futures Surge After Nvidia Beats Expectations: Real-Time Updates and Insights

On February 24, 2025, traders were busy at the New York Stock Exchange.

email hosting office 365 subscription - starting at

Stock futures saw a boost on Thursday, thanks to Nvidia. The tech giant’s shares jumped after it reported better-than-expected quarterly results. Futures for the S&P 500 rose by 0.5%, while Nasdaq 100 futures increased by 0.7%. The Dow Jones Industrial Average futures gained 62 points, which is about a 0.1% rise.

Nvidia’s stock increased by 1.8% since the company exceeded expectations in its fourth-quarter results, showing strong demand driven by the AI market. Other tech stocks, including Broadcom and Tesla, also gained around 2.3% each.

Ido Caspi, a research analyst at Global X, noted, “While revenue growth has slowed, Nvidia’s year-over-year increase of 78% is impressive, highlighting strong AI infrastructure demand. This performance eases worries about competition from new players like DeepSeek.”

However, not all news was positive. Jobless claims rose to 242,000 for the week ending February 22, up 22,000 from the previous week. This figure exceeded the Dow Jones estimate of 225,000 and signaled some economic weakness.

This uptick in jobless claims adds to a series of disappointing economic reports, including lower consumer confidence and sales. Traders now await the personal consumption expenditures price index, a key measure of inflation, coming out on Friday.

On Wednesday, stocks had a mixed performance. Some investors were worried about President Donald Trump’s trade policies after he announced tariffs on goods from Canada, Mexico, and the European Union. The S&P 500 finished just above the flatline, breaking its four-day losing streak. The Dow dropped by 188 points, about 0.4%, while the Nasdaq Composite gained nearly 0.3%. As February comes to an end, major indexes are expected to finish lower for the month, with the broad market index down 1.4% and the Dow and Nasdaq down more than 2% each.

Market analyst Fawad Razaqzada reminds us that caution is essential right now. “The impressive performance of stocks in recent months means any potential downside should be handled carefully,” he said.



Source link

S&P 500 Index,NASDAQ Composite,Dow Jones Industrial Average,Salesforce Inc,Snowflake Inc.,NVIDIA Corp,Dow Jones Fut (Mar'23),S&P 500 Fut (Mar'23),NASDAQ 100 Fut (Mar'23),Dell Technologies Inc,Warner Bros Discovery Inc,Donald Trump,Canada,Mexico,business news