Hey team. Futures are pushing higher in early trading as the market anticipates Nvidia’s earnings release.
Let’s recap yesterday’s session and break down what’s next!
Impact Snapshot
🟥 After close Earnings: NVDA 0.00%↑
Macro Viewpoint
U.S. stock index futures edged higher following a multi-day decline, as investors awaited Nvidia’s earnings to assess AI market demand and monitored the progress of a key tax-cut proposal in Congress.
Market sentiment has remained fragile since last week, with economic data—including Tuesday’s weak consumer confidence reading—raising concerns about a potential slowdown in the U.S. economy. Meanwhile, persistent inflation continues to reinforce the Federal Reserve’s cautious stance on interest rate cuts.
Nvidia’s quarterly results, due after the market close, are expected to be a key catalyst for Wall Street.
Investors are particularly focused on the company’s outlook after the emergence of low-cost AI models from China’s DeepSeek in January fueled concerns over Big Tech’s aggressive AI investments.