US Stock Market Move | "The most important financial report on Earth" will hit tonight, with NVIDIA Corporation (NVDA.US) jumping over 2% in pre-market trading.
26/02/2025
GMT Eight
On Wednesday, NVIDIA Corporation (NVDA.US) rose over 2% in pre-market trading to $129.81 USD. On the news front, the company is set to announce its quarterly earnings after the market closes on Wednesday, which may clarify the demand situation and prove that the industry's high valuation is justified. Due to slow returns and breakthrough advancements by DeepSeek, investors are increasingly skeptical about the billions of dollars that American tech companies are investing in AI infrastructure. Jacob Falkenklane, global investment strategist at Shengbao Bank, said, "Any signs of weakness in NVIDIA Corporation's financial report could have a huge impact on the overall market sentiment for AI stocks. This report is not just about NVIDIA Corporation; it is also about whether the AI revolution can maintain its rapid pace."