Nasdaq Futures Rise on Strong Earnings Reports

Nasdaq 100 futures rose 0.5% on Friday, buoyed by a surge in shares of Broadcom, a key index component, which rallied 15% in after-hours trading.

The chipmaker reported a 220% increase in artificial intelligence revenue for the year and issued stronger-than-expected revenue guidance for its fiscal first quarter.

RH also posted impressive gains, jumping 18% after providing robust revenue growth projections for the upcoming period.

In contrast, U.S. equities faced pressure in regular trading on Thursday.

The Dow dropped 0.53%, the S&P 500 fell 0.54%, and the Nasdaq Composite tumbled 0.66%.

A hotter-than-expected inflation report dampened market sentiment, with the November producer price index rising 0.4%, double the forecasted 0.2%.

In individual stock moves, UnitedHealth Group slid another 3.3%, bringing its total loss to 14% since the death of its healthcare unit CEO. Adobe also plummeted 13.7% after issuing a weaker-than-expected outlook for 2025.