- Nvidia reported strong earnings and forecasted 70 % revenue growth for fiscal 2028, boosting Nasdaq-100 futures and global semiconductor stocks.
- Dollar General and Salesforce shares surged following better-than-expected earnings reports and raised guidance, while HP shares dropped due to declining PC unit shipments and margins.
- US initial jobless claims fell by 4,000 to 203,000, and the Bank of Korea raised its benchmark interest rate to 3.00 %.
- U.S. stock futures traded higher as investors focused on several key corporate earnings and reports.
- Nvidia reported second-quarter revenue of $96.22 billion, up 106% year-over-year, and issued a strong revenue forecast.
- HP posted upbeat third-quarter results with revenue of $15.68 billion and raised its FY 2026 earnings forecast.