Key Takeaways Nvidia CEO Jensen Huang’s highly anticipated GTC keynote failed to deliver a big boost to the company's stock, though analysts remain bullish on its potential for AI-driven growth. Several analysts pointed to Nvidia's rapid pace of innovation relative to peers and robust demand from cloud customers.

Investors hoping for a surprise new revenue stream instead got an energetic keynote that was lacking in fresh developments.

U.S. stocks are drifting higher Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. The S&P 500 was up 0.3% in early trading.

Wall Street inched a little higher Wednesday ahead of the Federal Reserve's latest decision on interest rates. Futures for the S&P 500 rose 0.3% before the bell, while futures for the Nasdaq rose 0.4%.

Asian Shares Are Mixed After Wall Street Falls Back Ahead of Fed Rate Decision TOKYO (AP) — Asian shares were mixed Wednesday ahead of a decision on interest rates by the U.S. Federal Reserve. U.S. futures edged higher while oil prices declined.