Outside of NVIDIA, earnings reactions remained mixed. Salesforce reported record fourth-quarter fiscal 2026 revenue of $11.2 billion and highlighted growth in subscription and support revenue. However, the company’s full-year outlook drew a cautious response from investors, and the stock fell in premarket trading.
Snowflake stayed under close watch as traders weighed solid operating momentum against a choppy software backdrop. The software group showed signs of stabilization in the prior session, but investors still favored selective names with stronger visibility on growth and margins.
Nutanix moved sharply higher after announcing a strategic partnership with AMD to advance an open enterprise AI platform. Under the agreement, AMD will make a $150 million equity investment in Nutanix and fund up to $100 million for joint engineering and go-to-market work.
Overall, Thursday’s trading showed a market that welcomed NVIDIA’s numbers but still demanded strong execution from other companies. Futures held steady as investors balanced AI optimism with earnings dispersion, rate sensitivity, and upcoming economic data. This mix may keep index moves narrow in the short term, even as stock-specific opportunities remain active.