Nvidia stock slid 1.2% in overnight trading. Shares of Nvidia surged 8.93% on Tuesday, after taking it on the chin Monday. Investors have had a day to digest the news about reported AI developments in China -- and cooler heads are beginning to prevail.

Many on Wall Street believe the selling has simply gone too far. After digging into the data, Baird analysts are "skeptical" about reports that less advanced chips were used in R1's development. They further believe strong demand for Nvidia's flagship Hopper and Blackwell processors will continue.

Faraday Future stock surged 26% in overnight trading. Faraday Future, a California-based global shared intelligent electric mobility ecosystem company, announced today that it has received the full net proceeds from the $30 million previously committed financing announced in December 2024.

This latest capital infusion can support both ongoing FF 91 2.0 deliveries in 2025 and FF’s dual brand operational requirements, which will also help progress the FX project this year. The Company continues to establish its position within the luxury AIEV market through its FF brand, while concurrently establishing its FX brand’s presence in the mass AIEV market.

Lending Club stock tumbled over 22% in overnight trading. Lending Club late Tuesday reported a Q4 net income of $0.08 per diluted share compared with $0.09 a year earlier. Analysts polled by Factset expected $0.09.

Revenue for the quarter ended Dec. 31 was $217.2 million compared with $185.6 million a year ago.