New Delhi, Feb. 25 -- Major Wall Street stock indices climbed on Wednesday as investors braced for Nvidia's earnings report. Market participants are searching for concrete proof that the chipmaker's profitability remains on an upward trajectory amid massive $630 billion capital expenditure budget from Big Tech for 2026.
Nvidia, currently the most valuable and influential stock in the US market, is scheduled to release its fourth quarter results after the closing bell. Its chips remain the cornerstone of the ongoing artificial intelligence surge. Ahead of the announcement, its stock gained 1.6%.
At 09:52 a.m. ET, the Dow Jones Industrial Average rose 199.66 points, or 0.41%, to 49,374.16, the S&P 500 gained 41.42 points, or 0.61%, to 6,9...
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