Stock Futures Rise as Nvidia Blows Past the Expectations
Stock futures shot up Wednesday night after Nvidia blew past expectations yet again. The chip giant posted record revenue and profit, and its stock took off in after-hours trading. That kind of performance really woke up the whole market—especially for investors who’ve been anxious about the AI boom running out of steam. Nvidia’s optimistic outlook […]
WTI Edges Toward $59.50 After Surprise EIA Inventory Draw
WTI crude pushed up toward $59.50 in Thursday’s Asian trading after the latest EIA data surprised the market. Traders jumped in when the report showed U.S. crude inventories dropped by 3.43 million barrels last week. That’s a much bigger draw than anyone expected—most were looking for just a 1.9 million-barrel decline. For context, the previous […]
EUR/JPY Stays Strong as Japan’s Fiscal Plans Weigh on the Yen
EUR/JPY keeps pushing higher, sitting around 181.20 through Thursday’s Asia session. The Yen just can’t catch a break these days. Traders expect Japan’s new government to roll out a massive spending plan, which likely means local interest rates stay low. The Euro is getting stimulus from it. Traders are keeping an eye on key data […]