Stock futures are in the green in the premarket Thursday morning, driven by Nvidia’s strong quarterly results that exceeded expectations. S&P 500 futures rose 0.3%, while Nasdaq 100 futures gained 0.6%. Dow Jones Industrial Average futures advanced 132 points, or 0.04%.
Additionally, initial jobless claims surged more than expected last week, according to the Labor Department. For the week ending Feb. 22, claims rose by 22,000 to a seasonally adjusted 242,000, exceeding the forecast of 225,000.
Here are stocks to watch today:
EBay’s shares (EBAY) declined in premarket trading as the online marketplace reported strong fourth-quarter results but fell short of its current-quarter revenue guidance fell short of expectations.
Nvidia (NVDA) jumped more than 2.5% after the chip giant surpassed fourth-quarter estimates with robust guidance, highlighting sustained demand fueled by the artificial intelligence boom.
Salesforce (CRM) shares declined after the customer relationship management software giant reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast that missed analysts’ expectations.
Shares of Warner Bros. Discovery (WBD) rose in premarket trading despite weaker-than-expected fourth-quarter results, as the global media and entertainment company provided a strong outlook for the year. The company added 6.4 million global streaming subscribers in the fourth quarter, bringing its total to 116.9 million.
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