What drives the markets today?

stocks

Index futures trade slightly lower in premarket trading, the S&P500 is down 0.27% at 6948 and Nasdaq futures are 0.11% lower at 25,352.

Google GOOGL launched Nano Banana 2, enhancing AI image generation.

C3 AI stock fell 17% after Q3 misses and layoffs, leading to a downgrade.

EBay EBAY is laying off 800 employees (6% of its workforce) to focus on strategic priorities, including AI & its recent $1.2B acquisition of Depop.  

Investors are following the Nvidia NVDA earnings report which came better than expected. The company reported record quarterly revenue of $68.1 billion above the analyst’s expectations of 66.2 billion. EPS came at $1.62 beating the analyst’s estimates of $1.54. Nvidia now expects revenue of 78 billion topping the analyst’s consensus of 72 billion. Nvidia CEO Jensen Huang stated that AI demand is “skyrocketing.”

Stellantis STLA reported a 22.3 billion euro loss for 2025, its first annual loss, due to 25.4 billion euros in write-downs from a strategic shift. 

Amazon AMZN plans a $12B investment in AI data centers in Louisiana, collaborating with Stack Infrastructure.

Intel INTC invests $350M in AI chip startup SambaNova

Alphabet GOOGL is integrating Intrinsic into Google to enhance robotics and AI R&D

Trade Desk is trading 16% lower in premarket after a weaker than expected guidance for the first quarter. Loop Capital downgraded the stock from Buy to Hold and lowered the price target from $75 to $25.

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