Neocloud Stocks Jump With Nebius up 11%, Applied Digital up 9%

TradingKey - In pre-market trading on October 27, Eastern Time, futures tied to the three major US stock indices rose across the board. As of press time, Dow futures were up slightly by 0.21%, S&P 500 futures gained 0.23%, and Nasdaq 100 futures advanced by approximately 0.34%.

TradingKey - On October 27, Eastern Time, Meta Platforms (META) announced an expansion of its artificial intelligence partnership with Nvidia (NVDA). Nvidia will invest $3 billion to participate in Meta's equity offering.

Alphabet's stock price has fallen for five consecutive sessions ahead of its earnings report, and disappointing results could extend the decline by up to 15%.

TradingKey - On October 27, gold prices (XAUUSD) extended their rebound from recent lows, holding firmly above $4,000 and currently trading near $4,015. Gold had dropped to around $3,975 last week, touching its lowest level since July; however, with oil prices retreating from their highs and dip-buying re-emerging, gold has seen a short-term recovery.

Japanese and South Korean chip stocks staged a major recovery, with the KOSPI and Samsung Electronics surging over 4%, SK Hynix and SoftBank jumping more than 6%, and Kioxia soaring nearly 8%.