There Are Some Big Moves Tonight—Nvidia Not One of Them

There💜 are some pretty big movers in after-hours trading today. As of last check, none of them were Nvidia. 

That's not to say nothing's doing: The stock was recently down about 0.5% as its post-earnings conference call progressed, as the stock bounced between gains and losses after the 澳洲幸运5官方开奖结果体彩网:better-than-expected earning𝓀s release.

Shares rose about 3.7% during regular trading hours, and options traders 澳洲幸运5官方开奖结果体彩网:have bet on a bigger move over the next two sessions; the stock has in the past been volatile af🍎ter earnings.

Meanwhile, traders looking for action in the late session were looking elsewhere. Nutanix (NTNX) and Snowflake (SNOW) were recently on double-digit gains, while Tandem Diabetes Care (TNDM) and Teladoc (TDOC) were making comparat🌟ively big moves in the other direction. 

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

Workday Rises on Earnings as Company Cites AI Opportunities

Shares of Workday (WDAY) jumped Wednesday, a day after the human resourceܫ and finance software maker's fiscal 2025 fourth-quarter results topped analysts' estimates.

Workday reported $2.21 billion in revenue, including $2.04 billion in subscription revenue, with both surpassing Visible Alpha consensus. Adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) came in at $1.92, al🐽so exceeding estimates.

Workday CEO Carl Eschenbach said that the company believes it has a "growing opportunity with the U.S. federal government thanks to the administration’s strong focus on driving efficiencies and IT modernization."

Eschenbach also said the growth of Workday's 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI)&nbs🗹p;products has put the technology "front and center in every conversation I have with customers, prospects, and partners. They want to move beyond incremental productivity gains—they’re looking for [return on investment] that will help drive growth back into their business."

Workday shares rose 6% and were among the big gainers on the Nasdaq Composite during Wednesday's session. Despite today's surge, the stock is down 12% over the past 12 months, significantly lagging the performance of the Nasdaq.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Salesforce Stock Drops as Outlook Disappoints

Salesforce (CRM) reported fiscal fourth-quarter earnings and offered an outlook that fell short of analysts' expectations, sending shares lower in extended🐻 trading Wednesday.

The cloud software company’s fourth-quarter revenue grew 8% year-over-year to $9.99 billion, just below the analyst consensus from Visible Alpha. Adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share came in at $1.75, compared to $1.74 a year earlier 🏅and missed estimates. 🀅;

For fiscal 2026, Salesforce projec꧒ted full-year revenue of $40.5 billion to $40.9 billion and adjusted💯 EPS of $11.09 to $11.17, below the analyst consensus of $41.32 billion in revenue and EPS of $11.19.

The results come after Salesforce recently announced former Gilead Sciences (GILD) CFO Robin Washington will 澳洲幸运5官方开奖结果体彩网:join the company&nbs🐠p;on March 21 as chief operating and financial officer.

Shares of Salesforce were down more than 3% in recent after-hours trading. They've lost about 8% since the start of the year through the closing bell.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Nvidia Shares Rise After Results Top Expectations

The AI chipmaker's results came in better than analysts expected on both the top and bottom lines as data center revenue surged.

The chipmaker posted record quarterly revenue of $39.3 billion, up 78% year-over-year and above the analyst consensus from Visible A📖lpha. Adjusted net income of $22.07 billion was up 72% from a year earlier and also𒈔 topped expectations.

The results came as sales from Nvidia's data center segment, representing the bulk of the chipmaker's revenue, nearly doubled to a record $35.6 billion.

Shares were treading water in the immediate aftermath of the release but started gaining ground when Nvidia's post-earnings conference call got underway. The stock was up about 2% recently in after-hours trading.

Follow our 澳洲幸运5官方开奖结果体彩网:live coverage on the e🌃arnin♏gs release here.

Traders Pricing in Big Post-Earnings Move for Nvidia Shares

Nvidia holds the record for both the largest one-day increase and decrease in market value, and option♊s traders on Wednesday were positioning themselves fo✤r another sizable move in the stock. 

Nvidia options pricing on Wednesday after꧑noon suggested traders expect shares to move r𒉰oughly $10, or about 8%, in either direction during the two days after Wednesday’s earnings.

That would be the stock's largest post-earnings move since May when shares gained more than 12% in the two days after Nvidia 澳洲幸运5官方开奖结果体彩网:blew past earnings expectations. 

Nvidia stock has retreated after each of its two most recent reports. Shares lost more than 4% in the days after its 澳洲幸运5官方开奖结果体彩网:August report and almost 3% after its 澳洲幸运5官方开奖结果体彩网:November earnings. The company’s results exceeded expectations in bo💛th of those instances, but disappointed investors who may have been looking for even larger beats. 

Nvidia’s earnings come during 澳洲幸运5官方开奖结果体彩网:a difficult stretch for stocks. The Magnificent Seven stocks, which have accounted for a large share of the stock market’s gains over the last two years, were 澳洲幸运5官方开奖结果体彩网:trading in correction territory on Wednesday. 

Nvidia gained 3.7% during Wednesday's regular trading session, closing at $131.28. Despite the stock's recent sluggish performance, it remains up 66% over the past 12 months. 

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

What Analysts Think of Salesforce Ahead of Earnings

Salesforce (CRM𝐆) is expected to report fourth-quarter results after the market closes Wednesday, with analysts largely bullishꦅ on the cloud-based software company's stock, anticipating AI-driven gains.

Of the 25 analysts covering the stock tracked by Visible Alpha, 20 have issued “buy” or equivalent ratings for Salesforce, with the remai🔥ning five analysts giving the stock a “hold” rating. Their consensus price target is roughly $399.

Salesfor꧋ce shares were up 0.8% at $308 in late trading Wednesday.

Deutsche ⭕Bank analysts recently maintained a “buy” rating and $400 price target, pointing to early momentum in Agentforce, the company’s suite of autonomous AI agents unveiled in September.

 The analysts said an “AI halo effect” is driving investments to t൩he Salesforce platform, “even if current Agentforce spend is just gaining steam.” 

The customer relationship management software giant is expected to🅠 post revenue of $10.04 billion, up 8% year-over-year, and adjusted earnings per share of $2.62, up from $2.29 a year ago.

Earlier this month, Salesforce said former Gilead Sciences (GILD) CFO Robin Washington will join the company on March 21 as chief operating and financial officer. She will succeed COO Brian Millham, who plans to retire in May, and CFO Amy Weaver, who said last year she would leave the company when a succes෴sor was named.

Oppenheimer analysts called Millham's departure a "negative surprise" but said they expect Washington "should continue raising operating efficiency." The analysts reiterated an "outperform" rating and $415 price target, calling Salesforce "one of the healthiest long-term profitable growth stories" among 澳洲幸运5官方开奖结果体彩网:software-as-a-service companies.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

What Wall Street Thinks of Nvidia Ahead of Earnings

Heading into the scheduled release of earnings from Nvidia (NVDA) after the ma🌼rket closes W🀅ednesday, analysts are broadly bullish on the stock.

All but one of the 18 analysts covering the stock who are tracked by Visible Alpha have issued “buy” or equivalent ratings, with one analyst giving the stock a “hold” rating. Their consensus price target of about $175 would imply 35% upside from Wednesday's intraday price. The stock was up 2% at $129 recently.

Wedbush and Oppenheimer analysts, who reiterated $175 price targets in the days ahead of the report, suggested booming demand for the company's advanced chips as Big Tech firms ramp up spending on AI i𝓰nfrastructure could lead to another 澳洲幸运5官方开奖结果体彩网:strong quarter.

Nvidia is projected to post record quarterly revenue of $38.34 billion, up 73% year-over-year, accord𓆏ing to estimates compiled by Visible Alpha. Net income is expected to climb to $21.1 billion, from $12.84 billion a year e𒈔arlier.

UBS analysts, who maintained a $185 price target, noted "investor expectations having crept up a bit recently," and added supply chain improvements could mean higher sales of Nvidia’s Blackwell line. UBS nearly doubled its estimate for Blackwell’s contribution to fourth-quarter revenue to $9 billion, up from $5 billion previously.

Oppenheimer also indicated the ꧅澳洲幸运5官方开奖结果体彩网:rapid rise of Chines▨e AI startup DeepSeek couꦦld ultimately prove "positive" for the chipmaker, as competition ꦫpushes Nvidia's American clients to step up their efforts in the AI race instead of pulling back.

AB InBev Jumps as Budweiser Maker Beats Earnings Estimates

Shares of Anheuser-Busch InBev (BUD) surged Wednesday after the world's biggest beer ✤producer pos♐ted better-than-expected results and planned to raise its dividend as demand grew in North America.

The brewer of Budweiser and Bud Light reported fourth-quarter underlying 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.88, well above the $0.71 estimate of analysts ⛎surveyed by Visible Alpha. Reve🔯nue increased more than 3% year-over-year to $14.84 billion, also well above forecasts.

U.S. sales climbed 0.8%, which the company explained was driven by "revenue management initiatives and premiumization." It was the second straight quarter of year-over-year gains after sales sank following the company's relationship with transgender influencer Dylan Mulvaney 🌠led to a Bud Light boycott. AB InBev noted it believed the company picked up market share thanks to higher sales of its Michelob Ultra and Busch Light brands."

AB InBev's board proposed boosting the annual dividend by 22% to 1.00 euro per share ($1.05), subject to shareholder approval at its annual meeting in April.

AB InBev's 澳洲幸运5官方开奖结果体彩网:American depositary receipts were up 8% in recent trading. Even with today’s gꦍains, the stock remains down abo🐻ut 6% over the past year.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Supermicro Soars as Company Beats Filing Deadline

Supermicro stock is flying. 

Shares of Super Micro Computer (SMCI) were up nearly 20% in intraday trading Wednesday to lead 澳洲幸运5官方开奖结果体彩网:S&P 500 gainers, after the server maker last night filed 澳洲幸运5官方开奖结果体彩网:belated financial disclosures with the SEC, beating a deadline that might have meant 🍸delisting. 

In a statement late Tuesday, Supermicro said the company was back in compliance with Nasdaq listing requirements, no previously filed financial disclosures were restated, and "the matter is now closed."

The morning's rise has the shares up about 85% for the year so far, though well off highs seen about a year ago. Supermicro's market capitalization was recently around $27 billion, according to Visible Alpha.

The news, meanwhile, may ease some investors' concerns about the path forward for the stock and return some degree of focus to operations; executives earlier this month offered an 澳洲幸运5官方开奖结果体彩网:upbeat growth outlook for the compan꧒y, targeting $40 billion of revenue in 2026. 

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

Mag 7 Slipped into Correction Territory on Tuesday

The Magnificent Seven group of major technology stocks were gaining ground Wednesday after moving into 澳洲幸运5官方开奖结果体彩网:correction territory on Tuesday as concerns about slowing growth and elevated valuations grew in the lead-up to 澳洲幸运5官方开奖结果体彩网:Nvidia’s quarterly earnings this afternoon. 

The Bloomberg Magnificent 7 Total Return Index had declined 10.7% from its all-time high on December 17, as of Tuesday’s close. The Roundhill Magnificent Seven ETF (MAGS), which is constructed differently than the Bloomberg index, h🐷ad fallen more than 11% over that time. 

The ETF’s current slump is its third correction since it launched in April 2023. The first was a slow, shallow 12% slump from late July 2023 to late October of that year. The second was a sharp 18% drop that began amid a 澳洲幸运5官方开奖结果体彩网:rotation into small-cap stocks in mid-July and bottomed with the 澳洲幸运5官方开奖结果体彩网:yen carry trade rout of early August. 

Read the 澳洲幸运5官方开奖结果体彩网:full article here.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

GM Surges on Stock Buyback Plan, Dividend Hike

Shares of General Motors (GM) surged Wednesday after the automaker announced a new $6 billion 澳洲幸运5官方开奖结果体彩网:stock buyback plan and raised its quarterly dividend.

The parent of Chevrolet and Cadillac said the buybaꦛck has no expiration date but that it aims to complete the first $2 🦹billion in repurchases by the end of the second quarter.

The auꩲtomaker also said it has approved a new $0.15 per s𝓡hare dividend, up from $0.12, starting with its next quarterly payout set to be announced in April.

"The GM team's execution continues to be strong across all three pillars of our capital allocation strategy, which are to reinvest in the business for profitable growth, maintain a strong investment grade balance sheet, and return capital to our shareholders," CEO Mary Barra said.

GM topped estimates in its 澳洲幸运5官方开奖结果体彩网:latest quarterly report last month, but shares have moved lower in the weeks since amid concerns that tariffs and shifting policies around electric vehicles under the Trump administration could impact the auto industry. Deutsche Bank 澳洲幸运5官方开奖结果体彩网:analysts cited GM's&nb♔sp;"aggressive share buyback trajectory" as one of their reasons for upgrading the stock last month.

Shares of the aut𓆉omaker were up 5% about an hour after the opening bell. nearly 25% over the last 12 months. The stock has gained about 23% over the past 12 months, sli❀ghtly outpacing the performance of the S&P 500 over the period.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Bitcoin Levels to Watch as Cryptocurrency Continues Falling

Bitcoin slꦡumped to a new three-month low on Wednesday morning, continuing a slide from its record high set last month, as econom🧜ic uncertainty weighs on investor sentiment.

Since forming two distinct peaks between December and January, bitcoin’s price has continued to trend lower, creating a textbook 澳洲幸运5官方开奖结果体彩网:double top pattern in the process. Moreover, a decisive 澳洲幸运5官方开奖结果体彩网:breakdown below the neckline on above-average volume&𓄧nbsp;in Tuesday’s trading sessioꦰn confirms the formation.

It’s also worth pointing out that as the cryptocurrency made a slightly higher high last month, the 澳洲幸运5官方开奖结果体彩网:relative strength index forged a comparatively shallower peak to signal a bearish 澳洲幸运5官方开奖结果体彩网:divergence, a technical occurrence indicatin𒊎g weakening price momentum.

Investors should watch crucial support levels on bitcoin's chart around $80,400 and $74,000, while also monitoring key resistance levels near $98,500 and $106,000.

Bitcoin was trading at around $ဣ87,100 recently, down from an intraday high of $89,400. The digital currency fell below $90,000 on Tuesday for the first time in ౠmore than a month.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Futures Point to Higher Open for Major Indexes

Futures tied to the Dow Jones Induꦓstrial Average were up 0.3% in recent trading.

S&P 500 futures rose 0.6%.

Nasdaq 100 futures were up 0.8%.