Nvidia Earnings Fuel Triple-Digit Nasdaq Surge
Nvidia's latest earnings report gave a boost to Nasdaq futures, pushing them up by triple digits. The chip giant beat expectations and forecast 70% revenue growth for fiscal 2028, significantly higher than the 44% analysts anticipated.
The company's strong performance has also had an impact on software stocks, which are getting an earnings boost. Meanwhile, the White House is considering a fresh round of tariffs targeting the semiconductor sector, according to Politico.