U.S. stock futures climbed higher Wednesday night after Nvidia (NVDA) posted earnings that beat Wall Street forecasts. The strong outlook also helped improve sentiment around AI stocks, which had come under pressure in recent days due to concerns about ...

U.S. stock futures climbed Wednesday evening after Nvidia ($NVDA) reported quarterly earnings that beat Wall Street expectations. Also, the upbeat

Following yesterday's steep losses, chip stocks are back on the rise, aiding in a pre-market rebound as optimism resurfaces ahead of Nvidia's (NVDA) third-quarter report, due out after the close. Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) futures are pointed higher,

Futures rose after Wall Street’s first positive session in five, as dip-buying and bullish positioning ahead of Nvidia helped markets rise past growing economic uncertainty and hawkish-leaning minutes from the Federal Reserve. Focus is now on upcoming nonfarm payrolls data for more cues on the labor market and interest rates.

S&P 500 futures are on the run as Advanced Micro Devices ( NASDAQ: AMD) leads the tech pivot higher. Last checked, the S&P 500 is up about 24 points. The SPDR S&P 500 ETF ( SPY) is up about $2.35. Dow futures are up 105, with the tech-heavy Nasdaq up about 152.

Nvidia ( NVDA) stock was down 1.7% in premarket trade as SoftBank (OTCPK:SFTBY) (OTCPK:SFTBF) sold its entire stake in the U.S. chipmaker, unloading 32.1M shares in October for $5.83B. SoftBank’s Vision Fund was an early Nvidia backer, building a roughly $4B stake in 2017 before fully exiting the position in January 2019.

Analysts at Schwab said the focus will be on Nvidia’s forward guidance as the AI giant prepares to announce its third-quarter results on Wednesday. ・Asian markets ended Wednesday’s trading session on a largely negative note,