Stock futures are climbing after Nvidia posted a better-than-expected earnings report, which many investors said could help indexes rebound from the recent bruising selloff. Futures tied to the Nasdaq-100 led gains.

Wall Street shares have seen big swings this week as investors brace for all-important earnings from AI bellwether

US stock futures climbed Wednesday evening as Wall Street reacted to Nvidia’s (NVDA) earnings report in a move that helped rekindle broader AI trade by stemming bubble fears, at least for now. Futures tied to the tech-heavy Nasdaq (NQ=F) led the way ...

Nvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples the world’s most valuable company.

Nvidia shares have fallen more than 12% since their recent peak on Oct. 29—the day it became the world's first $5 trillion company. It's the 16th time shares have "corrected," dropping 10% or more from a recent high,

Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.

Nvidia spent $12.46 billion to buy back its stock during the three months to Oct. 26. That's up from $9.72 billion in the previous quarter, and more than the $11 billion spent in the same quarter a year ago.

Bitcoin bounced back above $90,000 on Wednesday after Nvidia delivered another set of blowout quarterly results at 4:30 PM ET, easing slight pressure across risk assets following a week of heavy selling in crypto and tech stocks.