By Emily Herbert
Publication Date: 2025-11-19 15:48:00
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US stocks jumped on Wednesday morning, rebounding from a sell-off earlier in the week as volatile trading continued in the run-up to a high-stakes earnings release from chipmaker Nvidia.
The Nasdaq Composite rose 1.4 per cent on Wednesday morning and the S&P 500 rose 0.6 per cent.
Nvidia rose 3.2 per cent ahead of its third-quarter results, due to be published after the market closes. Investors are preparing for a share price swing worth hundreds of billions of dollars in the stock of a company at the centre of this year’s artificial intelligence-powered rally on Wall Street.
Matthias Scheiber, head of multi-asset portfolios at Allspring Global Investments, said the move probably reflected investors resetting their positions after the recent price falls, not wanting “to run short into what could be strong earnings and outlook” for the chipmaker.
Big tech stocks, which have pulled back sharply in recent weeks amid concerns over elevated valuations and the vast scale of corporate investment being poured into AI infrastructure, recovered some of their recent losses.
Google parent Alphabet’s share price jumped 5.7 per cent in morning trading. Warren Buffett’s Berkshire Hathaway revealed a $4.3bn stake in the company last week, in filings that offer a snapshot of positions at the end of September.
Broadcom climbed 4.8 per cent and Intel rose 3.1 per cent….
