U.S. stock futures edged lower Thursday morning as investors processed a wave of corporate earnings reports. Nvidia shares rose 1.5% after the chip giant posted better-than-expected January quarter results and projected current-quarter revenue above Wall Street forecasts, though concerns lingered about shareholder returns. Salesforce stock slumped 3% after the software company's fiscal 2027 revenue forecast fell short of estimates, signaling potential weakness in business software demand amid economic uncertainty.

JM Smucker shares surged 6.5% despite narrowing its full-year sales outlook following a manufacturing facility fire, as third-quarter results exceeded expectations. Krispy Kreme jumped 15% after the donut chain reported better-than-expected fourth-quarter results, marking progress on its turnaround plan. Celsius Holdings soared 9.5% following strong fourth-quarter results driven by acquisitions of Alani Nu and Rockstar Energy.

The Trade Desk shares plunged 14% after forecasting first-quarter revenue below estimates amid competitive pressure from larger rivals. C3.ai stock slid 24% after the software provider projected current-quarter sales below estimates and announced plans to cut 26% of its global workforce. Warner Bros Discovery gained 0.1% even after reporting a 6% drop in quarterly revenue, as its HBO Max streaming service added subscribers despite declines in traditional TV and film businesses.