Futures Tick Higher After Two-Day Rally; Nvidia Shares Rise Modestly Following Blockbuster Results

Nutanix Stock Soars on AI Deal with AMD

FROM 24 minutes ago

Shares of Nutanix (NTNX) are surging after the cloud software company announced a multiyear partnership with chipmaker Advanced Micro Devices (AMD) to develop an AI infrastructure platform designed to power agentic AI applications.

As part of the arrangement, AMD will make a strategic investment of $150 million in Nutanix common stock and fund up to $100 million for Nutanix to support joint engineering initiatives.

Meanwhile, Nutanix also reported fiscal second-quarter earnings of $0.54 on revenue of $722.8 million, both above analyst estimates compiled by Visible Alpha.

Nutanix shares, which coming into today’s session had lost a quarter of their value so far in 2026, were up 12% before the bell. AMD shares were down more than 1% this morning.

–Terry Lane

Smucker Stock Pops; Coffee Price Hikes Power Stronger-Than-Expected Results

FROM 55 minutes ago

J.M. Smucker (SJM) has coffee price hikes in large part to thank for beating analysts’ estimates for its fiscal 2026 third quarter.

Smucker shares surged 7% before the bell Thursday after the Orrville, Ohio-based food and beverage company topped expectations on the top and bottom lines.

Smucker reported adjusted earnings of $2.38 per share on net sales that increased 7% year-over-year to $2.34 billion. Analysts surveyed by Visible Alpha expected $2.26 and $2.33 billion, respectively.

The Folgers and Cafe Bustelo parent said its U.S. Retail Coffee unit net sales increased 23% to $908.2 million, “primarily driven by higher net pricing across the portfolio.”

Smucker shares entered Thursday down 2% over the past 12 months but up 9% thus far in 2026. 

The Trade Desk Shares Plunge on Soft Q1 Outlook

FROM 1 hr 56 min ago

Shares of The Trade Desk (TTD) had lost nearly two-thirds of their value over the past year through Wednesday. The ad-tech firm’s current-quarter projections after the bell don’t look likely to help matters.

The stock sank 17% in premarket trading Thursday after The Trade Desk issued weaker-than-expected fiscal 2026 first-quarter guidance.

The Los Angeles-based firm sees current-quarter revenue of at least $678 million and adjusted EBITDA of about $195 million. Analysts polled by Visible Alpha expected $688.1 million and $221.3 million, respectively.

The company did not provide full-year estimates.

“The market has gotten way more complicated,” CEO Jeff Green said on the earnings call, according to a transcript provided by AlphaSense.

For its fiscal 2025 fourth quarter, The Trade Desk reported revenue and adjusted EBITDA slightly above expectations, while adjusted earnings of $0.59 per share matched them.

The Trade Desk stock closed Wednesday at $25.16, well off its 52-week high of $91.45 set last August.

Jamie Dimon Says His ‘Anxiety Is High’ Over What Could Cause the Next Financial Crisis

FROM 2 hr 39 min ago

Markets are sitting near record levels and the vibes are good, but one bank chief is ill at ease.

JPMorgan Chase (JPM) CEO Jamie Dimon says he doesn’t know when or what series of events could lead to the next financial crisis, but he’s concerned about the possibility given the state of the general market environment and its similarities to the one preceding the Great Financial Crisis.

“My anxiety is high over it,” Dimon said in a meeting with investors this week, per a transcript provided by AlphaSense. “I’m not assuaged by the fact that asset prices are high. In fact, I think that adds to the risk.”

Dimon, like other prominent leaders in the financial industry, is drawing parallels between the current state of affairs and the years that led to a sharp global economic downturn and the S&P 500 losing roughly half its value.

Read the full article here.

–Crystal Kim

Stock Futures Little Changed After Two-Day Rally

FROM 2 hr 57 min ago

Futures contracts connected to the Dow Jones Industrial Average ticked 0.1% lower.

S&P 500 futures also were down 0.1%.

Nasdaq 100 futures were 0.1% lower as well.