Uber drove 3.9% higher after the ride-hailing app said it would accelerate $1.5 billion in purchases of its own stock, part of a previously announced $7 billion buyback program. Uber’s chief financial officer, Prashanth Mahendra-Rajah, said it’s making the move because its stock price looks cheap compared with the strength of its business.

Nvidia was gaining on Monday amid further signs of strong demand for artificial-intelligence chips as CEO Jensen Huang is set to deliver a keynote speech at the CES tech show in Las Vegas on Monday. Nvidia shares were up 2.

Nvidia stock jumped early Monday ahead of CEO Jensen Huang’s keynote address at the annual Consumer Electronics Show (CES) in Las Vegas.

U.S. stock index futures edged higher on Monday, building on a late rally last week, as investors bought into technology stocks on continued optimism around AI and awaited crucial economic data that could set the tone for the U.

U.S. stock futures advanced on Monday, buoyed by tech stocks on continued hope for artificial intelligence-related demand. Dow Jones Industrial Average futures rose 48 points, or 0.1%, to 43069. S&P 500 futures gained 23 points,