US stocks: Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by US Fed’s Warsh
US stocks rose on Thursday, with the Nasdaq and S&P 500 led by Nvidia's strong revenue forecast, boosting tech stocks. Nvidia shares jumped 8.7%, and Morgan Stanley noted its 2027 revenue growth forecast exceeds estimates. The S&P 500 gained 0.72%, and the Nasdaq climbed 1.57%. Investors await Fed's Warsh's speech for policy hints.
How this was made
The 30-second read
Why it matters
Nvidia's guidance sets a new benchmark for AI‑related growth, prompting broad sector rallies, while bond issuance by Moderna introduces a modest negative bias.
Market read
Strong AI earnings guidance fuels a tech rally, while debt issuance adds a cautionary note.
What to watch
Potential supply‑chain constraints on memory components could temper Nvidia's growth outlook.
Background
The article reports fresh earnings guidance and corporate actions from several tech companies, highlighting the AI boom's impact on market sentiment.
Ticker impact
Nvidia announced a 70% revenue growth forecast for 2027, driving an 8.7% share jump.
NVDA likely to continue upward momentum in the short term.
Guidance far exceeds consensus, creating immediate buying pressure.
Salesforce reported raised annual revenue and profit forecasts, sending the stock up 22.6%.
CRM may see further upside as investors reprice growth expectations.
Guidance lift is sizable and aligns with AI hype, supporting a near‑term rally.
CrowdStrike beat Q2 earnings and lifted its annual revenue outlook, jumping 20.5%.
CRWD likely to maintain upward bias in the coming days.
Earnings beat and guidance raise expectations for continued growth.
Moderna announced a $2 billion convertible bond sale, causing the stock to fall 4.6%.
MRNA could face short‑term downside pressure.
Bond sale signals capital raising, but impact may be limited to near term.
Market effects
AI and cloud software sectors gain momentum; semiconductor and cybersecurity stocks see spillover gains.
U.S. equity markets rise, with Nasdaq leading due to tech rally.
Strong Nvidia guidance reinforces global AI investment thesis.
Counterpoint
High AI valuations may be overextended; investors could rotate to value stocks if guidance falls short of expectations.
Key entities
- CompanyNvidia
Chipmaker leading AI hardware.
- CompanySalesforce
Enterprise cloud software provider.
- CompanyCrowdStrike
Cybersecurity platform.
- CompanyModerna
mRNA therapeutics developer.
