Happy Thursday! At a moment when Wall Street was desperate for direction, Nvidia delivered an earnings report that may have just saved the market. Read on to uncover what it could mean for the broader market and for Nvidia’s next move.

Also, markets are drawing a sharp line between the winners and losers of the AI era, and it’s not just tech stocks on the move. Some sectors are thriving while others stumble, see which ones are outperforming and which ones to avoid.

Plus, check out Benzinga’s other free newsletters — including Future Finance and Advisor — for timely news and expert analysis delivered right to your inbox.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Nvidia’s Earnings May Have Saved The Market

Just when the market needed a spark, Nvidia delivered. The chip giant’s latest earnings report arrived with sky-high expectations — and may have done more than just impress Wall Street.

With AI demand accelerating, and forward signals turning heads, investors are now assessing whether this will stabilize what has been a shaky market recently.

With shares having traded sideways for months now, is this the start of a breakout for both Nvidia and the market? Read on to find out.

Matt Schultz On CleanSpark’s Evolution From Bitcoin To AI Infrastructure

CleanSpark ($CLSK) CEO & Chairman Matt Schultz joins to discuss the company’s evolution from early energy solutions to a leading U.S. Bitcoin mining company — and now an energy-first platform expanding into AI/HPC data center infrastructure. Schultz explains why CleanSpark views its business not as crypto mining, but as monetizing megawatts to generate high value outputs like Bitcoin and AI compute.

They also discuss CleanSpark’s decision to sell Bitcoin near the 2022 peak and reinvest in infrastructure, how Bitcoin mining and AI workloads can work together to stabilize the grid, and why scalable data center deployment and disciplined contracts are critical to long-term execution.

Yesterday: U.S. indexes closed higher Wednesday, with the S&P 500 posting back-to-back gains, led by strength in financials and technology. Investors regained some confidence following recent AI-related disruption concerns with the software sector (iShares Expanded Tech-Software Sector ETF) extending its rally to 5% over the past two days. Earnings season continues to provide support, with 90% of companies in the S&P 500 have reported fourth-quarter results, with earnings on pace to grow by roughly 12% year-over-year, the fifth consecutive quarter of double-digit earnings growth if it holds. In after-hours action, shares of Nvidia edged lower despite topping earnings estimates and issuing strong forward guidance, while Salesforce tumbled following their quarterly results.

On Our Radar: Analysts will be paying attention to initial jobless claims for fresh signals on labor market momentum as well as what Fed Vice Chair Michelle Bowman says as she testifies before Congress. On the earnings front, all eyes will be on Intuit (INTU), Monster (MNST), and Dell (DELL) which all report after the market close.

Shares of Circle (CRCL), CAVA (CAVA), and Axon (AXON) surged more than 20% after reporting earnings, while MercadoLibre (MELI), the Trade Desk (TTD) and First Solar (FSLR) were among the day’s top laggards. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Wednesday.

See how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Short Squeeze: Shares of ImmunityBio have rocketed 471% this year, and an unusual setup could fuel an even bigger move. Discover why hedge funds and short sellers might be setting the stage for the next big phase.

Portfolio Secrets: Nancy Pelosi and Brad Gerstner are quietly piling into the same five stocks. Are they onto the next big market move? Read on to see what five stocks Pelosi and this hedge fund have in common.

Home Alone: Artificial intelligence is supercharging productivity — but here’s why it could be shaking one of finance’s most critical foundations: the housing market.

ARK Moves: Cathie Wood and Ark Invest made significant trades involving Tempus AI, Pinterest, DraftKings, etc. Read on to see which ones they’ve been buying and selling.

Sky High: $159B and $6B aren’t just numbers for Stripe and Anthropic — they’re a peek into the next tech power plays that investors can't afford to ignore.

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On This Day In 1986…

Microsoft officially moved its headquarters from Bellevue to Redmond, Washington, marking a pivotal step in the company’s expansion. The move allowed Microsoft to build a larger campus tailored to its growing workforce and operational needs. This relocation symbolized the company’s transition from a small software firm into a global powerhouse. As of today, the company has a market cap of $3T, making it the fourth largest company in the world.

QUOTE OF THE DAY

“It’s not the strongest or the most intelligent who survive, but those most adaptable to change.“

— Charles Darwin

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