Episode Details

Nvidias impressive earnings report failed to boost the market, as the companys shares plummeted, dragging down major US indexes. Despite crushing expectations and forecasting stronger revenue, Nvidias stock dropped by 4.6%, causing the S&P 500 to fall by 1.1%. The Dow Jones and Nasdaq also experienced losses, with the latter slipping by 1.8%.

In contrast, Salesforce bucked the trend, rising by 2.9% after exceeding profit estimates and announcing a $50 billion stock buyback and dividend increase. The company emphasized its AI tools as a competitive advantage.

Globally, markets were mixed, with South Koreas Kospi surging to a record high on tech gains, while Hong Kongs Hang Seng fell by 1.4%. Australian futures suggested a slight dip at open.

Oil prices rebounded, with US crude rising by 1.1% to $66.54 a barrel, as Middle East peace talks eased war concerns. Treasury yields dipped slightly to 4.02% on the ten-year note, and US jobless claims remained low historically.

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