U.S. stock futures are mixed following Wednesday's market sell-off; Nvidia ( NVDA ) stock is in focus after sinking yesterday, with CEO Jensen Huang reportedly visiting China for talks; Netflix ( NFLX ) is set to report quarterly results after the bell; UnitedHealth Group ( UNH ) shares plummet after the health insurance provider cuts its profit forecast; and U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. ( TSM ) rise after the chipmaker posts strong results and maintains its revenue outlook. Here's what investors need to know today.
1. US Stock Futures Mixed After Indexes Drop Wednesday
U.S. stock futures are mixed after indexes tumbled in the prior session on trade war jitters and comments by Fed Chief Jerome Powell . Nasdaq futures are up about 0.7% after the tech-heavy index fell 3.1% Wednesday, while S&P 500 futures also are pointing higher. Dow Jones Industrial Average futures are 1.5% lower, pulled lower by plunging UnitedHealth Group ( UNH ) shares. Bitcoin ( BTCUSD ) is moving higher to trade at around $84,700. Yields on the 10-year Treasury note are rising to above 4.3%. Oil futures are more than 1% higher. Gold futures are ticking lower. Stock and bond markets will closed for Good Friday tomorrow, with bond markets closing today at 2 p.m. ET.
2. Nvidia Stock in Focus After Sinking Yesterday
Nvidia ( NVDA ) stock is recovering slightly in premarket trading after sinking nearly 7% yesterday as the firm said it's set to take a $5.5 billion charge as a result of U.S. restrictions on AI chip exports to China. Morgan Stanley analysts said they now expect an 8% to 9% hit to Nvidia's data center revenue over the next couple quarters after the U.S. government told the chipmaker it would require a federal export license in order to sell its H20 chips to China. According to the Financial Times , Nvidia CEO Jensen Huang visited China Thursday to meet with tech leaders and government officials, with state broadcaster CCTV quoting him as saying the country "was a very important market for Nvidia."
3. Netflix Set to Report Q1 Results After the Bell
Netflix ( NFLX ) shares are up roughly 1.5% in premarket trading ahead of its anticipated first-quarter earnings report after the closing bell. Analysts expect the company to post a 12% year-over-year revenue increase . Netflix's report comes as analysts at Oppenheimer and Bank of America maintained their bullish ratings on the streaming giant, arguing it was well positioned to navigate any potential economic uncertainty. According to The Wall Street Journal , company executives laid out ambitious targets at a business review meeting last month, including plans to double revenue by 2030.
4. UnitedHealth Stock Plummets on Cuts to Full-Year Profit Outlook
UnitedHealth Group ( UNH ) stock is plummeting 20% in premarket trading, bringing down Dow futures, after the insurance provider reported disappointing results and cut its 2025 profit forecasts. UnitedHealth reported adjusted earnings per share (EPS) of $7.20 on revenue that rose 10% year-over-year to $109.58 billion, both shy of Visible Alpha estimates. The company also lowered its full-year EPS and adjusted EPS outlooks. UnitedHealth shares entered the day up about 16% since the start of the year.
5. TSMC Stock Rises on Strong Earnings, Unchanged Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. ( TSM ) are rising more than 3% in premarket trading after the world's largest contract chipmaker reported strong first-quarter results and maintained its 2025 revenue outlook despite growing trade disputes. The firm reported EPS of 13.94 New Taiwan dollars ($0.43) on revenue that rose 42% year-over-year to NT$839.25 billion ($25.85 billion), topping estimates. CEO C.C. Wei said on the earnings call that the company continues "to expect our full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms."
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