Public Markets 3d Briefing
×Market Moves
US stock futures investing.com fell as Nvidia curbs post-earning gains, with Iran talks in focus. Meanwhile, Nasdaq investing.com ended more than 1% higher as Nvidia rose pre-earnings, extending tech rebound. Oil wsj.com rose on likely position adjustments before U.S.-Iran talks, with prices edging higher ahead of nuclear discussions. Lithium bloomberg.com prices jumped after Zimbabwe banned concentrate exports, surging amid supply concerns. Asian currencies wsj.com mostly strengthened against the dollar amid risk-on sentiment, while traders bloomberg.com piled into bearish yuan bets to hedge downside risks.
Corporate Earnings
Nvidia wsj.com beat back bubble fears with record $68 billion in fourth quarter sales, citing agentic AI as the driver of a 94% profit surge. Qantas bloomberg.com shares fell as returns from overseas flights shrank, though the airline reported first-half earnings investing.com rose on strong domestic demand and fleet renewal. Zoom bloomberg.com gave a weaker profit outlook in its push to expand product suite, with the stock falling investing.com on earnings miss and weak guidance. Salesforce investing.com topped quarterly profit estimates as its AI push supported outlook, while Snowflake investing.com revenue jumped 30% on cloud and AI demand. Samsung investing.com rally neared 200% as AI chip demand accelerated.
Economic Policy
JGBs wsj.com fell tracking declines in U.S. Treasurys, while government bonds' bloomberg.com shrinking appeal has cost markets, according to New York Fed researchers. Federal Reserve bloomberg.com President Alberto Musalem says the rate is near neutral with balanced risks. Global debt ft.com reached a record $348 trillion last year, largely fueled by government investment in defense and AI. Hedge funds bloomberg.com sold most global equities since April, according to Goldman Sachs, as strong earnings failed to power stocks past AI and credit worries. Fed bloomberg.com President Susan Collins said rates are likely on hold "for some time" as labor market data shows improvement.