Did Nvidia Do Enough to Chill A.I. Bubble Fears?

Investors are focusing on the upcoming jobs report following a rally fueled by Nvidia's strong earnings. Nvidia's performance has exceeded expectations, positively impacting U.S. stock futures and international equities. The anticipation of the jobs report adds another layer of significance as it may influence market sentiment and expectations regarding Federal Reserve policies.

Global tech shares have surged, driven by Nvidia's impressive performance in the AI sector. The company reported record earnings of $57 billion, exceeding Wall Street expectations and alleviating concerns about the sustainability of the AI boom. This positive sentiment has contributed to a broader market rally.

Nvidia's Q3 earnings report revealed $57 billion in sales, significantly exceeding earnings estimates, with $51.2 billion coming from data-center sales. The company also projected strong future growth, indicating a positive outlook for the AI sector.

Piper Sandler has reiterated its Overweight rating on Nvidia stock, citing strong visibility in the company's performance. This positive sentiment reflects confidence in Nvidia's ongoing success, particularly in the AI sector, which is driving significant growth.

Deutsche Bank has raised its price target for Nvidia from $180 to $215, reflecting positive sentiment around the company's performance. This adjustment comes amid Nvidia's strong financial results and optimistic outlook in the AI sector, which continues to drive growth. The increase in price target indicates confidence in Nvidia's market position and future earnings potential.

Nvidia reported a 65% increase in profit and a 62% rise in revenue, reaching a market capitalization of over $4.5 trillion, surpassing Japan's GDP of $4.28 trillion. This strong financial performance has alleviated concerns about a potential bubble in the AI sector.

Focus is shifting to U.S. jobs data as Nvidia's recent strong earnings report has alleviated fears of a slowdown in the AI sector. This performance has positively influenced U.S. stock futures and international equities, impacting investor sentiment ahead of the upcoming jobs report.

On November 20, 2025, the Nasdaq and S&P 500 indices surged over 1% in premarket trading, driven by Nvidia's strong earnings report. The positive performance of Nvidia, which exceeded analysts' expectations, has significantly influenced market sentiment, contributing to a broader recovery in U.S. stock futures. This live blog will continue to provide updates throughout the day.