Nvidia's stock surged 8% following its earnings report and strong AI sales forecast, driving a rally in tech stocks. The company reported record quarterly revenue of $30 billion, up 50% year-over-year.
Wall Street experienced swings with worries about tech stocks and discouraged customers on February 17, 2026.
Futures rose while tech stocks lagged in premarket trading on February 17, 2026.
Japan narrowly avoided a technical recession with weak Q4 economic data, while policymakers eye increased spending measures.
S&P futures were up approximately 0.5% early Monday morning, with European markets receiving another bid and gold prices declining by 1% and breaking below $5,000.
SoftBank returned to profitability due to the AI boom, with investments beginning to pay off.
AI displacement concerns rocked stocks again as Wall Street anticipates downward pricing in affected sectors.
Middle-class Americans face higher electric bills and food costs due to the data center and AI boom, per Goldman Sachs.
Pinterest earnings fell short, citing an 'exogenous shock' from tariffs.
S&P 500 erased its year's gains amid market volatility.
Instagram boss revealed a base pay of $900K per year, up to $20 million with stock.