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Tech Stocks Surge, Nasdaq Futures Rise Ahead of Key Jobs Report
17 Nov
Summary
- Nasdaq 100 futures rise 0.6%, S&P 500 futures add 0.3%
- Investors await Nvidia's earnings, a test for tech sector
- Berkshire Hathaway takes $5 billion stake in Alphabet
As of November 17th, 2025, US stock futures are trading higher, led by a surge in tech stocks. The Nasdaq 100 futures have risen roughly 0.6%, while the S&P 500 futures have added 0.3%. However, the Dow Jones Industrial Average futures, which include fewer tech stocks, are trading broadly flat.
Investors are eagerly anticipating Nvidia's earnings report on Wednesday, which will be a crucial test for the tech sector. The chipmaker's results and outlook will be closely scrutinized, as doubts linger about Big Tech valuations and the impact of hefty AI spending.
In a rare tech bet, Berkshire Hathaway has disclosed a nearly $5 billion stake in Alphabet, the parent company of Google. This move, likely one of the last under Warren Buffett's leadership, is seen as a vote of confidence in the tech giant, even as concerns about AI trade linger.
Meanwhile, the crypto market is serving as a health check for the broader risk appetite. Bitcoin has dropped 30% in just over a month, from a record high of over $126,000 to below $94,000 per token, erasing its gains for the year.
Investors are also eagerly awaiting the release of the September jobs report on Thursday, which will provide an official snapshot of the labor market. This data will be closely scrutinized, as the Federal Reserve's recent cautious tone has raised doubts about the central bank's rate move next month.
