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.
Nikolas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of the Europe’s leading Brokers, as equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors. Currently, Nikolas provides analysis and comments to online financial publications. Educational background in Economics (BSc), and Finance (MSc).