NVIDIA Earnings Ignites Markets: Post-Earnings Surge Lifts Nasdaq, S&P 500, and Ethereum
NVIDIA’s blowout earnings reaction has sparked a powerful move across markets overnight, putting bulls firmly in control at Thursday’s open. After reporting earnings last night, NVIDIA stock surged as much as 5.8% in after-hours trading, before cooling slightly and settling at +4.8% above Wednesday’s close.
Keep a close eye on the $145 to $147 zone, especially the $145.50 level. If price crosses above that and later breaks back down either today or Friday, profit-taking activity could intensify, setting the stage for a pullback. It’s a zone to watch for signs of hesitation from bulls or potential traps for late buyers.
Why NVIDIA Stock Surged After Earnings: CEO Confidence and Global Growth Fuel Rally
One reason NVIDIA’s stock surged following last night’s earnings report may relate to investor sentiment around geopolitical challenges. While many factors influence market reactions — and we’ll never know all of them or their weight — a notable consideration was the uncertainty over NVIDIA’s ability to navigate both the U.S. and Chinese markets. Although China isn’t its largest market, it remains strategically important. After the earnings release, which showed strong financial performance, investors appeared to regain confidence in the company’s positioning — particularly in CEO Jensen Huang’s ability to steer NVIDIA through complex geopolitical waters.
The company’s success in expanding into new markets, including the Middle East, further reinforced the belief that growth can continue even if China remains a limited channel.
NVIDIA’s Rally Pushes S&P 500 and Nasdaq Higher
NVIDIA’s post-earnings momentum didn’t just lift chip stocks—it catapulted the S&P 500 E-mini futures to a new milestone. The index tapped a high of 6,005.75 overnight, a full 1.7% gain from Wednesday’s close, before stabilizing right around the 6,000 round number—a level with psychological weight and likely stop orders above and below.
The Nasdaq futures (NQ) also broke out sharply, gaining 426 points overnight and sitting 2% higher, flirting with the next major magnet at 22,000.
Expect short covering to be a key driver today, especially if price continues to hold above post-earnings breakout zones.
Ethereum: The Breakout That Keeps Giving
While traditional markets react to NVIDIA, Ethereum futures (ETH) have quietly maintained their lead in crypto momentum, reaching 2,813 in overnight trade. If you’ve been following ForexLive, you’ll recall the initial breakout call around 1,840—a remarkable move since then.
Ethereum is now firmly the crypto play of the month, if not the year. While Bitcoin holds its ground, ETH’s steady rally, greater ecosystem stability, and long-term developer traction continue to attract both institutional and retail flow.
Gold Flat Ahead of Key Macro
Gold futures (GC) remain quiet, hovering just under the $3,300 mark at $3,295 to $3,296, consolidating recent gains. The yellow metal might stay rangebound for now as traders wait for further macro signals.
TL;DR: for the markets after NVDA earnings:
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NVIDIA jumps 4.8% post-earnings; watch $145.50 for profit-taking signals.
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S&P 500 futures hit 6,005.75, closing in on the psychological 6,000 milestone.
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Nasdaq eyes 22,000 after a 426-point rally overnight.
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Ethereum hits 2,813, extending its explosive move from the 1,840 breakout zone.
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Gold trades quietly near $3,295 as traders digest recent moves.
Stay nimble—there’s plenty of short-term opportunity as markets digest this burst of momentum.
ForexLive is evolving into investingLive.com later this year. Expect our continued smart live updates, expert trade analysis, and cutting-edge decision support for traders and investors. Stay tuned this summer.
This article was written by Itai Levitan at www.forexlive.com.NVIDIA Earnings Ignites Markets: Post-Earnings Surge Lifts Nasdaq, S&P 500, and EthereumNVIDIA’s blowout earnings reaction has sparked a powerful move across markets overnight, putting bulls firmly in control at Thursday’s open. After reporting earnings last night, NVIDIA stock surged as much as 5.8% in after-hours trading, before cooling slightly and settling at +4.8% above Wednesday’s close.Keep a close eye on the $145 to $147 zone, especially the $145.50 level. If price crosses above that and later breaks back down either today or Friday, profit-taking activity could intensify, setting the stage for a pullback. It’s a zone to watch for signs of hesitation from bulls or potential traps for late buyers.Why NVIDIA Stock Surged After Earnings: CEO Confidence and Global Growth Fuel RallyOne reason NVIDIA’s stock surged following last night’s earnings report may relate to investor sentiment around geopolitical challenges. While many factors influence market reactions — and we’ll never know all of them or their weight — a notable consideration was the uncertainty over NVIDIA’s ability to navigate both the U.S. and Chinese markets. Although China isn’t its largest market, it remains strategically important. After the earnings release, which showed strong financial performance, investors appeared to regain confidence in the company’s positioning — particularly in CEO Jensen Huang’s ability to steer NVIDIA through complex geopolitical waters. The company’s success in expanding into new markets, including the Middle East, further reinforced the belief that growth can continue even if China remains a limited channel.NVIDIA’s Rally Pushes S&P 500 and Nasdaq HigherNVIDIA’s post-earnings momentum didn’t just lift chip stocks—it catapulted the S&P 500 E-mini futures to a new milestone. The index tapped a high of 6,005.75 overnight, a full 1.7% gain from Wednesday’s close, before stabilizing right around the 6,000 round number—a level with psychological weight and likely stop orders above and below.The Nasdaq futures (NQ) also broke out sharply, gaining 426 points overnight and sitting 2% higher, flirting with the next major magnet at 22,000.Expect short covering to be a key driver today, especially if price continues to hold above post-earnings breakout zones.Ethereum: The Breakout That Keeps GivingWhile traditional markets react to NVIDIA, Ethereum futures (ETH) have quietly maintained their lead in crypto momentum, reaching 2,813 in overnight trade. If you’ve been following ForexLive, you’ll recall the initial breakout call around 1,840—a remarkable move since then.Ethereum is now firmly the crypto play of the month, if not the year. While Bitcoin holds its ground, ETH’s steady rally, greater ecosystem stability, and long-term developer traction continue to attract both institutional and retail flow.Gold Flat Ahead of Key MacroGold futures (GC) remain quiet, hovering just under the $3,300 mark at $3,295 to $3,296, consolidating recent gains. The yellow metal might stay rangebound for now as traders wait for further macro signals.TL;DR: for the markets after NVDA earnings:NVIDIA jumps 4.8% post-earnings; watch $145.50 for profit-taking signals.S&P 500 futures hit 6,005.75, closing in on the psychological 6,000 milestone.Nasdaq eyes 22,000 after a 426-point rally overnight.Ethereum hits 2,813, extending its explosive move from the 1,840 breakout zone.Gold trades quietly near $3,295 as traders digest recent moves.Stay nimble—there’s plenty of short-term opportunity as markets digest this burst of momentum.ForexLive is evolving into investingLive.com later this year. Expect our continued smart live updates, expert trade analysis, and cutting-edge decision support for traders and investors. Stay tuned this summer.
This article was written by Itai Levitan at www.forexlive.com. Read MoreNews
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