Stocks jumped after a robust revenue forecast from Nvidia Corp. eased worries about a potential bubble in the artificial intelligence industry that had recently roiled markets globally. Nvidia surged 5% in post-market trading after reporting earnings, boosting other AI shares. Futures on the S&P 500 rose 1.2%, while Nasdaq 100 contracts climbed 1.8%, as relief from the key risk event lifted sentiment following a week of turbulence. Alphabet Inc. soared after a wave of glowing reviews for the newly released version of its Gemini AI model. Asian shares rose for the first time in five days, with Japan’s Nikkei 225 rising 2.5% and South Korea’s Kospi — a poster child of the AI boom and one of this year’s top-performing markets globally — gaining 2.9%. Bitcoin rose to trade above $92,000. Elsewhere, the dollar broadly held its gains after posting its biggest advance since late September. Treasuries steadied after edging lower in the previous session as bets for an interest-rate reduction by the Federal Reserve eased amid a cloudy outlook on the labor market. Nvidia’s strong results helped restore a tentative sense of calm after weeks of heavy selling in technology stocks, as Wall Street grew uneasy about stretched valuations and the vast sums being spent on AI infrastructure. Another key focus for investors is the path of interest rates, with markets keenly awaiting the release of the September jobs report later on Thursday. Traders nearly priced out a Fed cut next month after the Bureau of Labor Statistics said it won’t publish an October jobs report, but will incorporate the payrolls figures into the November data due after the Fed’s final meeting of 2025. That leaves Fed officials without a key piece of economic data before their final meeting of the year. Odds are now heavily pointing to policymakers keeping the benchmark rate on hold at the 3.75% to 4% range. “This information blackout is viewed as amplifying divisions within the Fed board and pushing them toward an ‘on hold’ decision at the December FOMC meeting,” Tony Sycamore, a strategist at IG Markets, wrote in a note. Minutes from the Fed’s October meeting showed many central bank officials said it would likely be appropriate to keep rates steady for the remainder of 2025. Elsewhere, Japan’s Finance Minister Satsuki Katayama said she confirmed the need to monitor market movements with Bank of Japan Governor Kazuo Ueda and Growth Strategy Minister Minoru Kiuchi, as the officials reaffirmed a joint accord aimed at overcoming deflation and achieving sustainable growth. Yields on Japan’s 5- and 10-year government bonds rose to their highest levels since 2008, as markets brace for Prime Minister Sanae Takaichi’s stimulus package, which is set to be unveiled on Friday. In China, property stocks rose after policymakers were said to be considering new measures to turn around the struggling property market. Back to stocks, Thursday’s rally came after a bruising run of losses that pushed a global gauge of stocks to the lowest in a month. Wall Street executives have also urged caution, warning investors to brace for further losses. “Technicals are kind of more biased for more protection, and more downside,” Goldman Sachs Group Inc. President John Waldron said Wednesday. With so much at stake, Nvidia’s earnings were critical for traders assessing the future of AI spending. Chief Executive Officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and that business is “very, very strong.” The company rebutted concerns that the rabid pace of artificial intelligence spending is creating a bubble. Beyond delivering a stronger-than-expected quarterly forecast, Nvidia said it would likely exceed a longer-term projection of $500 billion for sales of new chips and systems. US After Hours NVDA +4.2% higher on earnings; REGN +4.7% higher on FDA approval; PANW -3.4% lower on earnings.
Nikkei +2.76% Hang Seng +0.14% CSI +0.32% Shanghai +0.38% Shenzen -0.17%
Eur$ 1.1517 CNH 7.1187 CNY 7.1159 JPY 157.47 GBP 1.3056 CHF 0.8067 RUB 80.5249 TRY 42.3576 WTI$ 59.66 +0.37% Gold 4,072 -0.12% BTC 92,755 +2.48% ETH 3,042 +1.77% SOL 144 +6.45%
S&P +1.34% Nasdaq +1.92% EuroStoxx +0.94% FTSE +0.69% Dax +0.89% SMI +0.72%
Macro :
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Keep an eye on :
Keep an eye on :
- ABT US : Abbott Said to Near Deal for Cancer Test Maker Exact Sciences
- AKZA NA : Artisan Partners Says Against Axalta, Akzo Merger
- AMGN US : FDA Grants Full Approval To Amgen’s Lung Cancer Drug Imdelltra
- AVOL SW : Avolta Gets Two 10-Year Contracts at Washington Dulles Airport
- BB FP : BIC Names Grégory Lambertie Chief Financial and Digital Officer
- BNP FP : *BNP PARIBAS RAISES CET1 RATIO TARGET TO 13% BY 2027
- CAN LN : Helikon Fund built a 5% stake in the comapny (filing)
- CRBN NA : Corbion Sees Adj. Ebitda Margin of About 18% by 2028 in New Plan
- EDP PL : EDP, WEC Sign Agreement for 225 MWac Solar Project in US
- ELIOR FP : Elior Sees 2026 Organic Revenue +3% to +4%, Est. +2.84%
- ENX FP : Euronext Says All Conditions Met to Buy Athens Stock Exchange
- EXAS US : Abbott Said to Near Deal for Cancer Test Maker Exact Sciences
- FSKRS FH : Fiskars FY Comparable Ebit Forecast Beats Estimates
- GET FP : Getlink’s Eurotunnel Challenges Business Rate Hike in Britain
- GIMB BB : Gimv 1H Net Asset Value per Share EU53.90 Vs. EU53.30 H/H
- HLMA LN : Halma 1H Adjusted Pretax Profit Beats; Boosts Guidance
- IPR PL : Impresa Sells 30% Stake in DualTickets to Crest for €3.5 Million
- IPR PL : Impresa Sells 30% Stake in DualTickets to Crest for €3.5 Million
- IBAB BB : Ion Beam Sees FY Adjusted Ebit at Least EU25M
- JDEP NA : Fitch Affirms Keurig Dr Pepper ‘BBB-(Exp)’ L-T IDR; Otlk Stable
- BAER SW : Julius Baer to Replace Swiss IT System with Temenos Product:Rtrs
- KOG NO : Norway’s Kongsberg May Invest PLN200m in Poland: Rp.pl
- 992 HK : Lenovo Shares Rise After AI Server Demand Drives 15% Sales Gain
- META US : Meta AI’s LeCun to Announce Exit, Startup as Soon as This Week
- MFEB IM : MFE 9M Net Income EU243.1M Vs. EU96.2M Y/y
- BMPS IM : JC Flowers Close to Buy Monte Paschi French Unit: MF
- MUX GY : Mutares Exits Steyr Motors After Selling Remaining 23% Stake
- NFLX US : Netflix’s Warner Bros. Bid Would Include Theater Releases
- NLFSK DC : Nilfisk 3Q Sales Miss Estimates; Organic Growth Guidance Cut
- NDX1 GY : Nordex Gets ~60 MW Wind Turbine Order From SSE In Ireland
- NOVN SW : Novartis to Build Flagship Manufacturing Hub in North Carolina
- NOVN SW : Novartis Sees Sales Growth 5%-6% CC CAGR for 2025-2030
- NVDA US : Nvidia 4Q Revenue Forecast Beats Estimates
- PANW US : Palo Alto Networks Boosts FY Revenue Forecast
- PANW US : Palo Alto Networks to Buy Chronosphere for $3.35b
- REGN US : Regeneron’s EYLEA HD (Aflibercept) Approved by FDA
- SIKA SW : *Sika Acquires Awazil Al Khaleej Industrial Co, Acquisition Will Significantly Strengthen Its Position in the Fast-Growing Saudi, GCC Construction Markets
- SOI FP : Soitec 1H Current Operating Income Beats Estimates Soitec 2Q Like-for-Like Sales -36%
- SOI FP : Soitec 1H Current Operating Income Beats Estimates Soitec 2Q Like-for-Like Sales -36%
- 4XO GY : Steyr Motors Holder Mutares Offers ~1.21m Shares, Mutares Exits Steyr Motors After Selling Remaining 23% Stake
- SUBC NO : Subsea 7 3Q Adjusted Ebitda Beats Estimates
- SUNN SW : Sunrise Communications Holder Offers About 4.7m Shares: Terms
- TEMN SW : Julius Baer to Replace Swiss IT System with Temenos Product:Rtrs
- THULE SS : Thule Targets Annual Organic Growth of 7% or Higher
- UQA AV : Uniqa 9M Net Income Rises 26% to €333 Million
- FR FP : Valeo Sees Operating Margin of 6%-7% in 2028
- VLA FP : Valneva 9M Adjusted Ebitda Loss EU37.7M Vs. Profit EU48.6M Y/y
- VOD LN : Vodafone CEO Says Planning Push Into Cloud, AI and Cybersec: FT
- WBD US : Netflix’s Warner Bros. Bid Would Include Theater Releases