US stock futures rose strongly on Thursday, driven by a court ruling halting President Donald Trump’s tariffs regime and healthy earnings from Nvidia. The tech giant saw its stock soar 5.6% after reporting better-than-expected first-quarter results, while Tesla gained 2.2% after CEO Elon Musk confirmed he was leaving his role in the Trump administration. Other notable movers included Kohl’s, which reported a smaller quarterly loss than expected, and Best Buy, whose outlook for fiscal 2026 was slashed due to tariffs. Meanwhile, sales of cloud-based software firm Salesforce edged higher despite posting strong results, while Foot Locker and Burlington Stores also saw gains.
Source: https://www.investing.com/news/stock-market-news/nvidia-tesla-and-kohls-rise-premarket-hormel-foods-falls-4070023