Stock market today: Nasdaq, S&P 500, Dow futures rise as Nvidia gains after earnings beat
Published On Feb 27, 2025, 8:34 AM
US stock futures are showing positive movement, particularly the Nasdaq, which is up around 0.8%. This uptick comes after Nvidia reported better-than-expected earnings, signaling potential for growth in the AI sector. However, there are also concerns due to President Trump's renewed tariff threats which could impact market stability. Salesforce's shares dipped following a disappointing revenue outlook, while other stocks like Snowflake saw significant gains due to positive earnings reports. Overall, the market sentiment is mixed as investors navigate between optimistic earnings and trade uncertainties.
Stock Forecasts
NVDA
Positive
Nvidia's strong earnings report has revitalized investor confidence in tech stocks, especially in the AI sector. Analysts suggest continued growth for Nvidia despite concerns regarding profit margins, making it a potentially lucrative investment.
CRM
Negative
Salesforce's disappointing outlook has raised concerns among investors leading to a decrease in stock price, which may continue in the near term. The AI platform's anticipated revenue impacts may not meet market expectations.
SNOW
Positive
Snowflake's impressive revenue growth and strong customer acquisition indicate a bright outlook for the company. Given the positive earnings surprise and market reaction, it presents a promising investment opportunity.
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