
U.S. stock futures point higher after the S&P 500 and Nasdaq snapped four-session skids Wednesday; Nvidia ( NVDA ) stock is moving higher in volatile premarket trading after the chipmaker's results beat estimates; Salesforce ( CRM ) shares are falling as the cloud software firm's quarterly report misses expectations; Snowflake ( SNOW ) stock is surging on strong results and an upbeat outlook on AI demand; and Dell ( DELL ) stock rises ahead of earnings after the closing bell. Here's what investors need to know today.
1. US Stock Futures Point Higher After S&P 500, Nasdaq Snap Skids
U.S. stock futures are pointing higher as investors digest a stream of corporate earnings reports and look ahead to inflation data on Friday . S&P 500 and Nasdaq futures are both up nearly 1% after ending four-session losing streaks yesterday. Dow Jones Industrial Average futures are 0.3% higher after losing ground Wednesday. Bitcoin ( BTCUSD ) is up nearly 3% to trade at over $86,000, while yields on the 10-year Treasury note are up slightly at around 4.3%. Gold futures are 1% lower while oil futures are higher by a similar percentage.
2. Nvidia Stock Rises in Volatile Trading After Strong Earnings Report
Nvidia ( NVDA ) shares are 2.5% higher in volatile premarket trading after the artificial intelligence (AI) leader posted better-than-expected quarterly results and issued a strong outlook . The chipmaker reported fourth-quarter adjusted net income of $22.07 billion on revenue that surged 78% year-over-year to $39.33 billion, both above Visible Alpha consensus. Nvidia forecast current-quarter revenue of $43 billion, plus or minus 2%, while analysts had been looking for $42.11 billion.
3. Salesforce Stock Falls After Disappointing Results, Outlook
Salesforce ( CRM ) stock is 3% lower in premarket trading after the cloud software provider's earnings were worse than expected and it offered a disappointing outlook. The firm posted adjusted earnings per share (EPS) of $1.75 on revenue that grew 8% year-over-year to $9.99 billion, both below Visible Alpha consensus. For fiscal 2026, Salesforce projected adjusted EPS of $11.09 to $11.17 on revenue of $40.5 billion to $40.9 billion, also both below estimates.
4. Snowflake Stock Surges on Strong Results
Shares of Snowflake ( SNOW ) are jumping 13% in premarket trading after the cloud software provider beat earnings estimates and delivered an optimistic outlook on strong AI demand. The company posted fiscal 2025 fourth-quarter adjusted EPS of $0.30 on revenue that rose 27% year-over-year to 986.8 million. Analysts polled by Visible Alpha expected $0.18 and $957.6 million, respectively. Snowflake also projected a 21%-22% gain in current-quarter product revenue. Its shares had fallen almost 30% over the past 12 months entering Thursday.
5. Dell Stock Rises Ahead of Earnings
Dell Technologies ( DELL ) shares are rising 2% ahead of its after-hours quarterly earnings report . The computer maker is expected to report quarterly gains in both adjusted EPS and net sales, while its Infrastructure Solutions Group, which includes servers and networking solutions, is forecast to post a 25% year-over-year revenue jump. The results come after Dell reportedly was nearing a deal to sell more than $5 billion of servers powered by Nvidia GB200 chips to Elon Musk's xAI. Dell's shares have risen more than 25% over the past 12 months entering Thursday.
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