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SoftBank Nvidia Exit Blunts Wall Street Pre-Bell; Asia Mixed, Europe Up
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SoftBank Nvidia Exit Blunts Wall Street Pre-Bell; Asia Mixed, Europe Up
Nov 11, 2025 3:51 AM

06:14 AM EST, 11/11/2025 (MT Newswires) -- Wall Street futures edged lower pre-bell Tuesday after Japan's tech-financier SoftBank disclosed it had sold its entire $5.8 billion stake in Nvidia (NVDA), the high-flying US-based chip-designer, and an icon of the AI scene.

SoftBank made the Nvidia-exit disclosure while reporting earnings, and explained it wanted to invest more heavily in OpenAI, the Stargate artificial-intelligence project with Oracle (ORCL).

Nvidia, with a market capitalization still near $4.84 trillion, traded down 1.6% pre-bell.

In the futures, the S&P 500 fell 0.2%, the Nasdaq declined 0.4% and the Dow Jones was steady, as traders also awaited the apparent re-opening of the US government, possibly later this week, after US legislators agreed on a funding deal.

Asian exchanges traded mixed and muted overnight, while European bourses tracked moderately higher midday on the continent.

On the economic calendar, Federal Reserve Governor Michael Barr is slated to speak on Tuesdsay.

The National Federation of Independent Business's monthly Small Business Optimism Index fell to a reading of 98.2 in October from 98.8 in September but was above a reading of 93.7 a year earlier

In premarket action, Bitcoin traded at $105,146, West Texas Intermediate crude oil traded higher at $60.30, and 10-year US Treasuries offered 4.12%. Spot gold traded for $4,139 an ounce.

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