Nvidia's blowout results, OpenAI-News Corp content deal - what's moving markets

Investing.com -- U.S. futures move higher, with traders assessing the implications of a fresh quarter of soaring returns from artificial intelligence-darling Nvidia . The semiconductor group's revenue spikes by 262% and Chief Executive Jensen Huang hints that the figure will be further boosted by this year by the upcoming launch of its newest line of AI chips. Elsewhere, OpenAI strikes its a content sharing deal with News Corp sank in after hours trade on Wednesday on reports that the U.S.

Live Nation shares sank as much as 9.3% to $92 after the report, although they have since pared back some of those losses. Also denting sentiment were U.S. crude stocks, which rose by 1.8 million barrels last week, according to the Energy Information Administration. Analysts had estimated a 2.5 million-barrel draw.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Source: Financial Digest (financialdigest.net)

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