Dow futures are currently facing challenges as traders anticipate upcoming jobs data. In the stock market, several companies are experiencing notable movements, particularly in the technology sector.

Shares of Nvidia have increased by 1.5%, approaching a new record high. This surge follows an optimistic address from CEO Jensen Huang at the CES conference. Additionally, Micron Technology’s stock has jumped nearly 6%, building on a previous 10.5% rise from Monday, after Huang highlighted Micron’s critical role in supplying memory for Nvidia’s graphics processing units.

Other companies are also seeing positive changes:

• Carvana’s shares have risen by 4% after an upgrade in its rating from sector perform to outperform, following a recent short-selling report.
• Uber Technologies has experienced a more than 3% increase in its shares after announcing a partnership with Nvidia to develop autonomous-driving technology.

📎 Related coverage from: marketwatch.com