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US Futures Flat as Nvidia AI Earnings Disappoint

Bloomberg Markets •
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US stock futures are little changed as of 7:46 a.m. ET, with the S&P 500 Index futures showing minimal movement after Nvidia's earnings failed to spark new enthusiasm about artificial intelligence. The chipmaker's results, while in line with expectations, didn't provide the catalyst that investors had hoped for to drive the AI rally further.

Market participants had been anticipating a strong signal from Nvidia about continued demand for AI chips, but the company's outlook left some investors wanting more. The lack of a clear upward trajectory in the AI sector has tempered market sentiment, with traders now looking to other companies mentioned in the premarket report for potential momentum.

Celsius, Janus Henderson, and Nubank are among the other stocks being watched closely in premarket trading. The broader market appears to be in a holding pattern, waiting for more definitive signals about the pace of economic growth and the trajectory of interest rates before making significant moves.