NVIDIA's stock price rose in premarket trading, with shares of artificial intelligence computing equipment manufacturers collectively advancing. This movement followed Alphabet's capital expenditure forecast for 2026, which significantly exceeded the average analyst expectation. Alphabet's stock declined following its earnings report.

Performance among the "Magnificent Seven" tech stocks: NVIDIA gained 2%, Tesla rose 0.2%, Amazon.com was essentially flat, Meta Platforms, Inc. fell 0.2%, Microsoft declined 1%, Apple dropped 1%, and Alphabet decreased by 2%.

The Bloomberg Equally Weighted Tech Giants Index has climbed 25% in 2025, following a 67% surge in 2024 and a doubling in value during 2023.

Both S&P 500 index futures and Nasdaq 100 index futures posted modest gains.