The shares only rise a few hours before the results of Nvidia: markets wrap

(Bloomberg) -The stocks rose before Nvidia Corp.'s most important income, which could help to spark the artificial intelligence-powered rally.

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The shares recovered after a sale that brought the market to a low point of five weeks, with the cohort of great technicians violating the threshold of correction. The group resigned on Wednesday, with the huge chip maker rose by more than 3%. According to today's earnings, the option markets are in a potential move of 10% in Nvidia shares.

Reports by the leader in AI chips have become the most important events of the year for Wall Street. Nvidia's income in the fourth quarter after closing on Wednesday is possibly the most critical that, after the appearance of the Stepseek startup, which was based in China hit the prospects for the needs of the AI ​​infrastructure.

“The reality is that we need a good number of Nvidia numbers to keep this bull track in the USA,” said Guy Miller, chief market strategist at Zurich Insurance Co. Outlook is good. If it is a really disappointing reading, the market will be susceptible to another setback. “

The S&P 500 rose by 0.4%. The Nasdaq 100 added 0.6%. The industrial Dow Jones fluctuated.

In other corporate highlights, Super Micro Computer Inc. rose by 18%after he had submitted outstanding financial reports to comply with the Nasdaq Inc. rules. Two empty sellers published reports on Applovin Corp. And touched a sell -off of 13% in shares in the company that offer APP developers marketing services.

The return on 10-year government bonds hardly changed at 4.29%. The Bloomberg Dollar Spot Index rose by 0.2%.

According to Savita Subramanian at the Bank of America Corp. the US stock profits will expand further beyond the technology sector according to the technology sector.

“There are many attractive options within the S&P 500 that may not be the great seven,” the strategist told Bloomberg Television. “The topic is not necessarily” the rest of the world over us “, but to expand the trends outside the Mega cap technology.”

Company highlights:

• General Motors Co. plans to increase his buyback program by baking back 6 billion US dollars back to stocks and increasing its dividend and rewarding investors by increasing more money from its balance sheet.

• Lowe's Cos. Forecast sales this year, an early sign that consumers are spending on the side due to higher prices after their stay.

• The off-price retailer TJX COS. Reported on positive quarterly results and recovered after the brands TJ Maxx and Marshalls recorded softer sales in the last quarter.

• Companies in Power and Electrical Equipment Companies act higher after a report states that Meta platforms in Inc. have been conducted in discussions in order to create a new data center for its AI projects, which could cost more than $ 200 billion.

• Zoominfo Technologies Inc., infrastructure software company, reported on the results of the fourth quarter, which exceed the expectations and provided a view that is considered strongly.

• The Cava Group Inc., one of the few chains that managed to increase customer visits, even if the colleagues are fighting, gave a sales outlook for 2025 back expectations.

• Advance Auto Parts Inc. predicted that comparable sales in the current quarter would fall more than Wall Street.

• Workday Inc., a software company for human resources, reported on the results of the fourth quarter that exceeds expectations.

• Instacart achieved disappointing income in the fourth quarter and predicted a mixed picture of the business in the current period, even if the delivery orders remained robust.

• BP PLC announced a large linchpin into its nuclear oil and gas business and promised to sell assets and reduce expenses. However, the shares fell when the company strongly lowered the buyback.

The story continues