Nvidia stock was rising early Tuesday, as the chip maker looks to set to open at what would be a new all-time high ahead of its coming earnings report. Nvidia shares were up 0.5% at $952.30 in premarket trading. Nvidia has generally been boosted by an earnings season where large technology companies reaffirmed their commitment to spending billions on artificial intelligence infrastructure.
(Bloomberg) -- Wall Street was poised to open steady on Tuesday as traders retreated to the sidelines ahead of results from Nvidia Corp. and speeches by a slew of Federal Reserve policymakers.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML and TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Iran State TV Says ‘No Sign of Life’ at H
Stock Market Today: Dow Jones futures rose Tuesday ahead of Federal Reserve speeches. AI stock Palo Alto Networks dived on earnings.