The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble" that not even Nvidia and its CEO, Jensen Huang, could allay after it

U.S. stock futures rose on Thursday after Wednesday’s advances. Futures of major benchmark indices were higher.

U.S. stock index futures were slightly higher on Wednesday, having clocked declines at the start of the week, with investor focus on Nvidia's earnings later in the day which could prove to be a make-or-break moment for the AI trade.

The market’s focus remained on Nvidia as Wall Street’s most influential stock reported third-quarter earnings of $31.9 billion.

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Stock futures pointed sharply higher Thursday, a day after AI darling Nvidia reported quarterly results above analysts' lofty expectations.

U.S. stock futures indicated that Monday’s selloff is set to continue. The dollar, gold and bitcoin also declined, along with Treasury yields as investors moved to safety.

Gift Nifty was trading around 25,945 level, a discount of nearly 4 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.