On a positive note, Nasdaq's adjusted operating expenses were marginally lower than anticipated, reported at $556 million versus the estimated $559 million. Furthermore, the company benefited from an effective tax rate of 24.

Nvidia’s stock is off to a positive start after a wild Monday. Shares of the chipmaking giant were recently up about 2%, easily outpacing the slight rise in the S&P 500. The first hours of Tuesday’s session followed a start to the week that marked Nvidia’s (NVDA) worst day in years,

Nvidia spoke positively about DeepSeek’s latest AI model, R1, saying it represented “excellent AI advancement.”