Does Nvidia Know Something Wall Street Doesn't? It Sold 2 AI Stocks Analysts Say Can Soar 65% and 110%.

U.S. stock futures edged higher Thursday night after a sharp decline on Wall Street, driven by Nvidias steep losses despite strong earnings. Investors remain cautious ahead of the upcoming PCE inflation report.

Nvidia reported excellent fourth-quarter financial results, beating expectations on the top and bottom lines. Revenue increased 78% to $39.3 billion on particularly strong growth in data center sales, and non-GAAP net income increased 71% to $0.89 per diluted share. The company also provided first-quarter guidance that exceeded estimates.