Nvidia Leads Tech Stocks Higher After Strong Earnings Reports
U.S. stock futures were mixed on Thursday, but some tech stocks managed to shine after strong quarterly earnings reports.
Nvidia Corp. (NVDA) jumped 7.32% higher in premarket trading following its better-than-expected second-quarter results and a strong revenue forecast for the third quarter.
Salesforce Inc. (CRM) gained 11.25% after beating top and bottom lines, posting its strongest net new Annual Order Value (AOV) growth in four years, while attrition remained near record lows.
CrowdStrike Holdings Inc. (CRWD) advanced by 8.36% after its second-quarter revenue of $1.47 billion beat analyst estimates of $1.44 billion, and adjusted earnings of 31 cents per share beat estimates of 29 cents per share.