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U.S. stock futures are little changed as investors await earnings from chip giant Nvidia after the market closes.
Nvidia’s earnings and sales are expected to jump from year-ago levels, but investors will scrutinize the company’s outlook to see how tariffs, China sales and artificial intelligence spending are shaping up. Nvidia has topped estimates with quarterly results in 11 of the last 12 reports. It stock has a heavy weighting in each of the main stock indexes and could determine the stock market’s direction.
At 7:50 a.m. ET, futures tied to the blue-chip Dow added 0.06%, while broad S&P 500 futures gained 0.07% and tech-heavy Nasdaq futures added 0.08%.
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Okta’s quarterly results topped analysts’ expectations.
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PVH beat second-quarter estimates.
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MongoDB exceeded Wall Street’s expectations.
Medora Lee is a money, markets and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning.
This article originally appeared on USA TODAY: US stock futures little changed as investors await Nvidia earnings
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