— Shares of the chipmaker ticked up 1.5%. Citi wrote in a Friday note that the company's forthcoming iteration of its Blackwell B100 GPU would serve as a"major stock catalyst" heading into the first half of 2024, and also drive margins and sales. The firm reiterated a buy rating on Nvidia stock.
— Shares of the sneaker giant jumped 6.3% after a mixed fiscal first-quarter report. Late Thursday, the company reported earnings of 94 cents per share and $12.94 billion in revenue, while analysts polled by LSEG forecast 75 cents per share and $12.98 million in revenue, respectively. Nike also reiterated mid-single-digit full-year revenue growth guidance.
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