Stock market today: Dow, S&P 500, Nasdaq rise as Nvidia gains after earnings beat
Published On Feb 27, 2025, 9:32 AM
On Thursday, the tech-heavy Nasdaq led U.S. stocks higher, buoyed by Nvidia's strong earnings report. Nvidia's revenue outperformed expectations, helping to assuage fears about potential declines in AI demand. Though President Trump's recent tariff announcements on Mexico and Canada are causing market jitters, most indexes saw modest gains: the Nasdaq Composite rose approximately 0.7%, the S&P 500 increased by 0.5%, and the Dow Jones Industrial Average added 0.1%. Meanwhile, economic indicators showed a 2.3% growth in the U.S. GDP for the last quarter, aligning with forecasts, but jobless claims rose to a three-month high, highlighting a softening labor market.
Stock Forecasts
NVDA
Positive
Nvidia's strong earnings indicate robust demand in the AI sector, giving confidence to investors. However, concerns about future profit margins due to competition and pricing pressure could dampen some enthusiasm. Overall, the positive revenue outlook suggests potential upside in the stock as investors reassess growth prospects in AI technology.
CRM
Negative
Salesforce's shaky outlook for 2025 amidst concerns about its AI initiative has led to a significant drop in its stock price, which reflects market skepticism about future growth. Investors may be cautious in the short term as they reassess Salesforce's competitiveness and ability to capitalize on its AI investments.
Related News
Nvidia stock rises modestly as Wall Street applauds Blackwell AI sales but notes gross margin miss
Feb 27, 2025, 8:56 AM
Nvidia stock rose premarket as Wall Street analysts reiterated their Buy ratings on the stock after Blackwell AI sales topped expectations.
Nvidia stock rises as Wall Street applauds Blackwell AI sales
Feb 27, 2025, 8:56 AM
Nvidia stock rose premarket as Wall Street analysts reiterated their Buy ratings on the stock after Blackwell AI sales topped expectations.
Stock market today: Nasdaq, S&P 500, Dow futures rise as Nvidia gains after earnings beat
Feb 27, 2025, 8:34 AM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.