Nvidia leads the seven tech giants in pre-market trading, with Alphabet trailing behind.

Nvidia led the seven tech giants in pre-market trading on Thursday, with US stock index futures edging slightly higher. This follows market turbulence on Wednesday surrounding the future direction of Federal Reserve Chair Jerome Powell. Taiwan Semiconductor raised its revenue growth forecast for 2025, boosting investor confidence in the global AI spending boom and lifting semiconductor stocks in the US and Europe. Among the seven tech giants, Nvidia rose 0.9%, Meta rose 0.7%, Amazon rose 0.3%, Tesla rose 0.3%, Apple rose 0.3%, while Microsoft remained relatively flat and Alphabet fell 0.5%. The Bloomberg Seven Tech Giants Equal Weight Index rose 67% in 2024, with gains exceeding double from 2023.