Traders work at the New York Stock Exchange on Nov. 19, 2025.
NYSE
Stock futures are higher Wednesday night as investors digested Nvidia’s latest quarterly beat, which appeared to be helping to restore confidence in major technology stocks and give a boost to the broader market.
Futures tied to the Dow Jones Industrial Average added 217 points, or nearly 0.5%. S&P futures rose 1.1%, while Nasdaq 100 futures jumped 1.6%.
Nvidia shares jumped nearly 5% in extended trading after the chipmaker released its highly anticipated quarterly results, which beat Wall Street’s earnings and revenue expectations. The market-moving company also gave a stronger-than-expected fourth-quarter sales forecast, with CEO Jensen Huang saying demand for its current-generation Blackwell chips are “off the charts.”
Nvidia’s upbeat guidance likely lifted investor sentiment around the AI trade, which has weakened in recent sessions amid fears about elevated valuations, debt financing and potential chip depreciation. The results boosted a slew of stocks across the AI ecosystem in the after-hours session, including chipmakers Advanced Micro Devices and Broadcom and power infrastructure companies such as Eaton.
“Nvidia’s numbers remain extremely strong now, but there are inevitably questions whether Huang’s company has already reached its high-water mark in terms of growth and market share,” said David Russell, TradeStation’s global head of market strategy.
In the previous session, all three major U.S. stock indexes rose across the board as investors awaited Nvidia’s report. Gains in the S&P 500 and Dow Jones Industrial Average snapped a four-day slide for both indexes. To be sure, stocks are in the red for the week given the depth of the recent pullback in several growth stocks.
Minutes from the Federal Reserve’s October meeting released Wednesday afternoon showed disagreements between Fed officials over whether a slowing labor market or inflation were bigger threats to the U.S. economy. The divide between central bank officials is also reflected in their outlook for their upcoming December decision, with “many” officials calling for no more interest rate cuts this year. Traders are pricing in a 33% likelihood that the Fed will cut its benchmark overnight borrowing rate by a quarter percentage point during its upcoming December meeting, significantly lower than their bets just a month ago, per the CME FedWatch Tool.
On Thursday morning, the Bureau of Labor Statistics will release September nonfarm payrolls data, which was delayed by the U.S. government shutdown.
Nvidia, Palo Alto Networks, Oddity Tech, AMD are among the stocks moving Wednesday evening
Check out the companies making headlines in after-hours trading.
- Palo Alto Networks — The networking and security company saw shares slip more than 4% in after-hours trading, despite narrowly surpassing Wall Street’s fiscal first-quarter earnings and revenue expectations. Palo Alto’s forecast was slightly underwhelming, as the company said it expects second-quarter revenue of between $2.57 billion and $2.59 billion, while analysts polled by LSEG predicted $2.58 billion.
- Nvidia — Shares of the chipmaker rose about 5% in extended trading on the back of better-than-expected third-quarter results. Nvidia earned $1.30 cents per share, excluding items, on $57.01 billion in revenue. Analysts polled by LSEG had expected $1.25 cents per share in earnings and $54.92 billion in revenue. Nvidia also forecasted about $65 billion in sales for the current quarter, which was higher than analysts’ expectations of $61.66 billion in revenue, likely lifting investors’ sentiment on the strength of the AI boom.
- AI chipmakers — Shares of stocks heavily tied to the demand for artificial intelligence computing power are trading higher after Nvidia’s earnings report. Advanced Micro Devices jumped nearly 4%, Broadcom rose nearly 3%, Taiwan Semiconductor climbed 3%, and Super Micro Computer added 5%. Cloud computing giant Oracle shares gained nearly 3%.
For the full list, read here.
— Pia Singh
