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Morning all!
- NVIDIA (NVDA) shares rose almost 5% after beating on top and bottom lines, whilst the CEO said they are seeing demand acceleration and expect revenues to grow about 70% in fiscal 2028.
- Crude futures mildly declined following recent indecisive performance amid mixed geopolitical updates.
- Oman reportedly stopped cooperating with the US to facilitate escorted tanker movements through southern Hormuz, according to Press TV.
- APAC stocks were ultimately mixed, but with most indices in the green, after the flat performance stateside, whilst US equity futures were lifted on NVDA.
- European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 0.4%.
- Looking ahead, highlights include German GfK Consumer Confidence (Sep), US Jobless Claims (Aug/22). Fed Jackson Hole Symposium (27th-29th), ECB Minutes (Jul). Supply from the US, Earnings from Marvell & Pernod Ricard.
Source:https://twitter.com/newsquawk/status/2092852534108938448
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