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Investor's Business Daily

Investor's Business Daily

Futures: Nvidia Sells Off On Modest Beat; Dow Giant Rises

Investor's Business Daily
Summary
Nutrition label

84% Informative

Dow Jones futures were little changed after hours while S&P 500 futures and especially Nasdaq futures fell.

Nvidia ( NVDA ) sold off overnight despite beating views, guiding higher and announcing a $50 billion buyback.

Salesforce ( CRM ), CrowdStrike ( CRWD ) and Okta (OKTA) all beat views Wednesday night , as well as storage plays NetApp (NTAP), Pure Storage ( PSTG ) and Nutanix ( NTNX ) The stock market rally retreated Wednesday heading into Nvidia earnings.

NetApp earnings beat with sales eking past consensus.

Okta earnings modestly topped Q2 views.

Pure Storage earnings topped.

PSTG stock dived in extended trade after hitting resistance recently at the 50-day line.

NTAP stock dipped 0.9% to 131.91 on Wednesday .

VR Score

86

Informative language

88

Neutral language

27

Article tone

formal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

33

https://research.investors.com/quote.aspx?symbol=XLFhttps://research.investors.com/quote.aspx?symbol=XLEhttps://marketsurge.investors.com/https://research.investors.com/quote.aspx?symbol=CRMhttps://research.investors.com/quote.aspx?symbol=XLVhttps://research.investors.com/quote.aspx?symbol=TSMhttps://research.investors.com/quote.aspx?symbol=OKTAhttps://www.threads.net/@edcarson1971https://research.investors.com/quote.aspx?symbol=NVDAhttps://research.investors.com/quote.aspx?symbol=ANEThttps://research.investors.com/quote.aspx?symbol=FLhttps://research.investors.com/quote.aspx?symbol=ARKKhttps://research.investors.com/quote.aspx?symbol=SMCIhttps://research.investors.com/quote.aspx?symbol=AMDhttps://research.investors.com/stock-lists/ibd-50/https://research.investors.com/quote.aspx?symbol=AVGOhttps://research.investors.com/quote.aspx?symbol=SMHhttps://research.investors.com/quote.aspx?symbol=ANFhttps://twitter.com/IBD_ECarsonhttps://research.investors.com/stock-lists/big-cap-20/https://research.investors.com/quote.aspx?symbol=ARKGhttps://research.investors.com/quote.aspx?symbol=NTAPhttps://research.investors.com/quote.aspx?symbol=NTNXhttps://research.investors.com/quote.aspx?symbol=LIhttps://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live&intcode=invstcntnartcls%7Ccms%7Cibdlive%7C2020%7C07%7Cibdlive%7Cna%7C%7C727112&src=A00433Ahttps://research.investors.com/quote.aspx?symbol=CRWDhttps://research.investors.com/quote.aspx?symbol=XLIhttps://research.investors.com/quote.aspx?symbol=XHBhttps://research.investors.com/quote.aspx?symbol=NBIXhttps://leaderboard.investors.com/#/leaders/leadersnearabuypointhttps://research.investors.com/quote.aspx?symbol=XMEhttps://research.investors.com/quote.aspx?symbol=IGVhttps://research.investors.com/quote.aspx?symbol=PSTG

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