US stock futures climbed significantly on Thursday, largely propelled by Nvidia's robust third-quarter performance and an optimistic outlook for artificial intelligence. Nvidia's shares jumped over 5% in premarket trading and more than 6% after hours, following its report of $57.01 billion in Q3 revenue and a projected $65 billion for Q4, surpassing analyst expectations. CEO Jensen Huang characterized the demand for Nvidia's Blackwell chips as "off the charts" and views the current AI growth as a "tipping point" for transformation rather than a bubble, though a recent regulatory filing revealed that most of Nvidia's booming business depends on just four unnamed customers. This positive sentiment extended to other AI-related chipmakers, with AMD, Micron Technology, Broadcom, and Super Micro Computer all experiencing stock gains. Palantir also saw its shares increase. Beyond hardware, the AI sector is seeing substantial investment and innovation. Legal and compliance AI company Norm Ai secured an additional $50 million investment from asset manager Blackstone on November 20, 2025. This funding supports the launch of Norm Law, a new AI-native legal service initially targeting financial services clients. Meanwhile, AI-powered tutoring platform Speak, backed by OpenAI and Khosla Ventures, achieved $100 million in annualized revenue and a $1 billion valuation, positioning itself as a strong challenger to established language-learning apps like Duolingo. In other significant developments, Meta's stock maintained its strength despite the announced departure of its Chief AI Scientist, Yann LeCun, a prominent figure in modern AI. LeCun, who praised Meta's Fundamental AI Research (FAIR) lab, plans to start a new company and anticipates a partnership with Meta. Investment firms are also adapting to the evolving tech landscape; St Mary Capital in London expanded its services on November 20, 2025, to focus on emerging technology sectors like artificial intelligence and autonomous systems, assisting clients with investments in companies such as Tesla. Furthermore, Qualigen rebranded as AIxCrypto on November 20, 2025, and began trading on the Nasdaq Capital Market under the ticker AIXC. The company aims to build an ecosystem connecting Web2 and AI Web3, including initiatives like the BesTrade DeAI Agent and a planned $5 million purchase of FFAI shares as part of its real-world asset tokenization efforts. The broader market now awaits the delayed September jobs report for further economic indicators.
Key Takeaways
- Nvidia reported strong Q3 revenue of $57.01 billion and projected $65 billion for Q4, causing its stock to jump over 5% and boosting US stock futures.
- Nvidia CEO Jensen Huang noted "off the charts" demand for Blackwell chips and views AI growth as a "tipping point" for transformation, not a bubble.
- Other AI chipmakers, including AMD, Micron Technology, Broadcom, and Super Micro Computer, saw stock gains following Nvidia's positive earnings.
- Legal AI company Norm Ai secured an additional $50 million investment from Blackstone to launch Norm Law, an AI-native legal service.
- AI-powered tutoring platform Speak, backed by OpenAI and Khosla Ventures, reached $100 million in annualized revenue and a $1 billion valuation.
- Meta's stock remained strong despite the departure of its Chief AI Scientist, Yann LeCun, who plans to start a new company and expects Meta to be a partner.
- St Mary Capital expanded its investment services to focus on AI and autonomous systems, helping clients invest in companies like Tesla.
- Qualigen rebranded as AIxCrypto and began trading on Nasdaq as AIXC, focusing on connecting Web2 and AI Web3, including a planned $5 million purchase of FFAI shares.
- Palantir also experienced stock gains amidst the positive market sentiment surrounding AI companies.
- Nvidia's regulatory filing indicated that most of its booming business depends on only four unnamed customers.
US Futures Climb as Nvidia Powers AI Stocks
US stock futures increased on Thursday, driven by Nvidia's strong quarterly results and positive forecast for artificial intelligence. Nvidia's shares jumped over 5% after the company reported better earnings and revenue, with CEO Jensen Huang noting "off the charts" demand for Blackwell chips. Other chipmakers like AMD, Micron Technology, Broadcom, and Palantir also saw gains. Investors are now waiting for the delayed September jobs report to understand the labor market's strength.
Nvidia Earnings Drive US Futures Higher Ahead of Jobs Report
Dow Jones, S&P 500, and Nasdaq 100 futures all climbed on Thursday. This rise happened after Nvidia released strong quarterly results and a positive outlook for artificial intelligence, boosting market confidence. Nvidia's CEO Jensen Huang stated that demand for its Blackwell chips is "off the charts." Other AI-related companies like AMD, Micron Technology, Broadcom, and Palantir also saw their stocks increase. Traders are now waiting for the US September labor data, including Nonfarm Payrolls, to get more direction on the Federal Reserve's policy.
Nvidia Earnings Spark US Stock Futures Rally
US stock market futures jumped on Thursday as Nvidia's strong earnings report brought back confidence in the artificial intelligence trade. Nasdaq 100 futures rose 1.6%, S&P 500 gained 1.2%, and Dow futures added 0.5%. Nvidia's stock surged over 5% before market open after reporting $57.01 billion in Q3 revenue and expecting $65 billion for Q4. Other companies like AMD, Micron, and Broadcom also saw their shares increase. Investors are now waiting for the delayed September jobs report, which economists predict will show 50,000 new jobs.
Nvidia Leads After-Hours Stock Gains with Strong Earnings
Nvidia shares rose over 6% in after-hours trading due to better-than-expected third-quarter results and a strong sales forecast for the current quarter. The chipmaker earned $1.30 per share on $57.01 billion in revenue, surpassing analyst predictions. This positive news also boosted other AI chipmakers like Advanced Micro Devices, Broadcom, and Super Micro Computer. Palo Alto Networks shares slipped despite beating earnings, as its next quarter forecast was slightly lower than expected. Oddity Tech jumped about 21% after reporting strong third-quarter figures.
Nvidia Walmart Oddity See Premarket Gains
Nvidia's stock jumped 5% in premarket trading after reporting strong fiscal third-quarter results and better-than-expected revenue guidance for the fourth quarter. Walmart also rose slightly, exceeding third-quarter expectations and increasing its full-year sales outlook. However, Palo Alto Networks fell 3% after announcing its plan to acquire cloud management company Chronosphere for $3.35 billion. Oddity, a beauty and wellness company, rallied 17% on strong third-quarter figures and an improved full-year earnings outlook. In contrast, Bath & Body Works tumbled over 14% after posting disappointing third-quarter results.
Legal AI Company Norm Ai Secures $50 Million Blackstone Investment
Legal and compliance AI company Norm Ai received an additional $50 million investment from asset manager Blackstone on Thursday, November 20, 2025. This funding supports the launch of Norm Law, a new tool offering AI-native legal services, initially for financial services clients. Blackstone Innovations Investments and funds affiliated with Blackstone Growth provided the investment. Norm Ai's platform already helps Blackstone and other financial institutions with legal and compliance tasks, including reviewing AI-generated content and corporate communications. This expanded partnership comes eight months after Norm Ai raised $17 million in Series A funding, showing strong growth in the legal technology sector.
Nvidia CEO Sees AI Transformation Not a Bubble
Nvidia CEO Jensen Huang believes the current growth in artificial intelligence marks a "tipping point" for transformation, not an AI bubble. However, some market experts are concerned about potential risks. A recent regulatory filing from Nvidia showed that most of its booming business depends on only four unnamed customers.
St Mary Capital Boosts AI Tech Investment Services
St Mary Capital, located in London, expanded its investment services on November 20, 2025, to focus on emerging technology sectors like artificial intelligence and autonomous systems. The firm helps clients invest in companies like Tesla, which are transforming their business models with AI. St Mary Capital offers a diverse range of assets, including cryptocurrencies, equities, and commodities, and provides clients with live market data and direct account management. Benjamin Rothwell, a spokesperson, highlighted the importance of personalized guidance for navigating fast-moving tech markets. The company tracks developments in autonomous tech, robotics, and AI chips to find new opportunities for investors.
AI Startup Speak Reaches $100 Million Revenue Challenging Duolingo
Speak, an AI-powered tutoring platform, has achieved $100 million in annualized revenue and a $1 billion valuation. Founded by Thiel Fellowship alumni Kim Dong-wook and Lee Jung-hoon in Seoul, the platform uses AI to give personalized feedback on pronunciation and fluency. Speak has expanded globally, aiming to replicate the experience of a human tutor. Its rapid growth challenges established language-learning apps like Duolingo. Prominent investors such as OpenAI and Khosla Ventures back Speak, showing confidence in its innovative approach to language education.
Meta Stock Stays Strong After AI Chief Scientist Departs
Meta's stock remains strong even after its Chief AI Scientist, Yann LeCun, announced his departure. LeCun, known as a "godfather of modern AI" and a Turing Award winner, plans to leave Meta after 12 years. He praised the impact of Meta's Fundamental AI Research, or FAIR, lab. LeCun's vision for AI, focusing on "world models" and visual learning, seemed to differ from CEO Mark Zuckerberg's goal of rapidly deploying AI models. LeCun intends to start a new company and expects Meta to be a partner in his new venture.
AIxCrypto Rebrands Launches Tokenized Stock Plan
On November 20, 2025, Qualigen rebranded as AIxCrypto and began trading on the Nasdaq Capital Market under the new ticker AIXC. The company aims to build a leading ecosystem that connects Web2 and AI Web3 using a "Three Driving Forces" model. Key initiatives include the BesTrade DeAI Agent for Web3 trading and an ecosystem for real-world asset tokenization. This includes a planned $5 million purchase of FFAI shares through an independent third party. AIxCrypto also launched AIxC Labs and plans to complete two to three strategic investments by 2026.
Sources
- US Futures Rally as Nvidia Boosts AI Trade
- Dow Jones futures climb as Nvidia boosts AI trade, US NFP awaited
- US stock market futures today: Nvidia earnings revive AI trade ā Dow, S&P 500, Nasdaq futures spike
- Stocks making the biggest moves after hours: Nvidia, Palo Alto Networks, Oddity Tech, AMD and more
- Stocks making the biggest moves premarket: Nvidia, Walmart, Palo Alto Networks & more
- Legal AI Firm Norm Ai Lands $50 Million Blackstone Investment
- Tipping point or bubble? Nvidia CEO sees AI transformation while skeptics count the risks
- St Mary Capital Expands Technology Sector Investment Services Amid AI Revolution
- This $1 Billion AI Startup Backed By OpenAI, Khosla Ventures Just Hit $100M Revenue Racing To Beat Duolingo
- Meta Stock Proves Bulletproof Despite Departure of AI Godfather
- AIxCrypto Holdings (NASDAQ: AIXC) Unveils Rebrand, $5M FFAI Tokenized Stock RWA Plan
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