Before the Bell | Nvidia posts record revenue as videogaming sales soar
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures traded up early Thursday after the major averages pulled back, albeit close to records, on Wednesday.
- Nvidia's revenue reached $7.1 billion despite a continuing chip shortage that has dented the ability of some companies to keep pace with demand.
Market Snapshot
U.S. stock futures traded up early Thursday after the major averages pulled back, albeit close to records, on Wednesday.
$Dow Jones Industrial Average (.DJI.US)$ futures rose 50 points. $S&P 500 Index (.SPX.US)$ futures gained 0.24% and $NASDAQ 100 Index (.NDX.US)$ futures rose 0.41%.
Market Temperature
Fed's Waller: stablecoins could be healthy form of payment system competition
Though they require regulating, stablecoins may not necessarily need the same treatment as private banks, the Fed governor says.
Though they require regulating, stablecoins may not necessarily need the same treatment as private banks, the Fed governor says.
U.S. climate risk guidance will be in line with global principles, bank regulator says
The acting head of the U.S.'s top banking regulator called for banks to be screened for climate risk as part of their periodic stress tests and said the agency's own regulatory approach was focused on maintaining the safety and soundness of the financial system.
The acting head of the U.S.'s top banking regulator called for banks to be screened for climate risk as part of their periodic stress tests and said the agency's own regulatory approach was focused on maintaining the safety and soundness of the financial system.
New home construction slows as builders grapple with supply-chain headaches
The pace of permitting for new homes increased in October, underscoring the strong demand for housing.
The pace of permitting for new homes increased in October, underscoring the strong demand for housing.
Treasurys edge toward stability after selloff
U.S. government bond yields are showing signs of stabilizing near the top of their 2021 range after a bout of selling precipitated by last week's surprisingly high inflation data.
U.S. government bond yields are showing signs of stabilizing near the top of their 2021 range after a bout of selling precipitated by last week's surprisingly high inflation data.
Nvidia posts record revenue as videogaming sales soar
Revenue reached $7.1 billion despite a continuing chip shortage that has dented the ability of some companies to keep pace with demand. $NVIDIA(NVDA.US)$
Revenue reached $7.1 billion despite a continuing chip shortage that has dented the ability of some companies to keep pace with demand. $NVIDIA(NVDA.US)$
Google, CME cloud partnership could upend tech investments by traders
High-frequency traders have spent years building systems designed to work with the exchange's data center. $Alphabet-A(GOOGL.US)$
High-frequency traders have spent years building systems designed to work with the exchange's data center. $Alphabet-A(GOOGL.US)$
Pfizer searches for new CFO as Frank D'Amelio retires
The drugmaker is looking for a new chief financial officer following the retirement of its longtime CFO, Frank D'Amelio. $Pfizer(PFE.US)$
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The drugmaker is looking for a new chief financial officer following the retirement of its longtime CFO, Frank D'Amelio. $Pfizer(PFE.US)$
Read More
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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