US stock futures waver as Nvidia's blockbuster results draw muted response
Market Intelligence Analysis
AI-PoweredUS stock futures are wavering due to a mixed response from investors following Nvidia's strong quarterly results and Salesforce's downbeat earnings, indicating a cautious market sentiment.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
U.S. stock index futures were muted on Thursday as Nvidia's stellar quarterly results garnered a lukewarm response from investors and downbeat earnings from software company Salesforce weighed on sentiment. Nvidia inched 0.6% higher in premarket trading after the chipmaker posted better-than-expected results for the January quarter and forecast current-quarter revenue above market estimates. "The needle has clearly shifted when it comes to what its going to take to convince investors that the billions being poured into AI infrastructure will pay off," said Raffi Boyadjian, lead market analyst at Trading Point.
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