Nasdaq 100 futures rise after Nvidia posts quarterly earnings beat: Live updates

Here are some of the stocks on the move after the close:

• Snowflake — The cloud-computing company jumped more than 4%. Fiscal first-quarter revenue surpassed the Street’s expectations, coming in at $829 million, versus consensus estimates for $786 million, per LSEG.
• VF Corp. — The apparel and footwear company sank nearly 12% after posting an unexpected loss for the recent quarter and revenue that fell short of Wall Street’s estimates.
• LiveRamp Holdings — The advertising technology stock popped nearly 17% on its fiscal fourth-quarter results, surpassing analyst estimates, per FactSet. LiveRamp also issued strong guidance for the current quarter and full year.

Read the full list of names on the move here.

— Samantha Subin

Nvidia shares popped more than 6% to surpass the $1,000 mark for the first time ever during overnight trading following another robust quarter driven by artificial intelligence strength.

The chipmaker posted adjusted earnings of $6.12 per share, surpassing an LSEG estimate of $5.59. Revenue came in at $26.04 billion and ahead of an estimate of $24.65 billion. The company also offered strong sales guidance, saying that it anticipates sales of $28 billion for the current quarter, versus an LSEG estimate of $26.61 billion.

Nvidia also announced a 10-for-1 stock split and said that revenue surged 262% year over year during the period for a third consecutive quarter of growth exceeding 200%.

— Samantha Subin, Kif Leswing and Ashley Capoot