WQTM is trading 1.8% higher in after-hours trading as semiconductor and AI stocks rebound after the August 24 selloff, ahead of NVIDIA’s August 26 earnings report.
- Reuters cited the technology recovery ahead of NVIDIA results and upcoming inflation data as key drivers.
- U.S. stocks finished higher; less-severe-than-feared Iran sanctions reduced geopolitical concerns and pressured oil prices lower.
- NVIDIA’s August 26 results remain the dominant sector catalyst, with consensus near $92 billion revenue and $2.09 adjusted EPS.