Finance

While blockbuster financial guidance from Nvidia initially breathed fresh life into artificial intelligence trades, a subsequent post-close disappointment from Marvell Technology reversed some tech momentum. Marvell fell over 8% in premarket trading after failing to exceed heightened investor expectations, underscoring the high performance bar currently set for AI-linked infrastructure.

After briefly scaling past the $81,000 threshold earlier in the week, Bitcoin pulled back toward the upper $79,000 range due to resistance and short-term profit-taking. Despite the minor intraday slip, the broader crypto market has been underpinned by a robust nine-day streak of consecutive inflows into spot Bitcoin and Ethereum exchange-traded funds.

Government bond yields remained relatively flat but elevated, with the 10-year Treasury note hovering around 4.68% and the 30-year yield near 5.20%. Fixed-income markets remain pressured by underlying structural concerns, including sticky consumer inflation and a widening U.S. budget deficit that continues to prompt heavy government debt issuance.