Nvidia's killer earnings just sent ripples across Asia—Indian shares are primed to jump at open, with IT stocks already pumped after reports of India-U.S. trade deal nearing completion. Sensex and Nifty both gained 0.6% Wednesday as foreign investors went on a shopping spree (Rs 1581 crore net buy). But here's the plot twist: weekly contract expiries and Fed rate uncertainty could trigger profit-taking once the euphoria settles. Meanwhile, Tokyo's Nikkei and Seoul's Kospi are already up ~3% as tech stocks globally catch the Nvidia wave. Oil bounced slightly after tanking overnight on weak U.S. demand signals, while gold dipped. Back in the U.S., the Nasdaq led the charge (+0.6%) on tech strength, though Target's miss and mixed Fed minutes tempered gains. European markets stayed flat, still spooked by AI bubble chatter and rate policy fog. The big question: can this Nvidia-fueled rally hold, or is it just another bull trap?