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Market Cools as Nvidia’s Blowout Earnings Fail to Ignite Futures

  U.S. stock futures were mixed Thursday morning as investors digested Nvidia’s latest blockbuster earnings—results that impressed on paper but didn’t translate into broad market enthusiasm. Dow futures edged slightly higher, while S&P 500 and Nasdaq futures hovered near the flatline, reflecting a cautious mood across Wall Street. Nvidia delivered strong beats on quarterly revenue and profit, along with guidance that topped expectations. Despite the stellar numbers, the stock’s initial surge faded as traders questioned whether the AI boom can continue delivering outsized returns. Shares ultimately pared gains to under 1% in early trading. The broader market’s hesitation stems from growing concerns about the sustainability of heavy AI investment. Salesforce’s weaker outlook added to the uncertainty, dragging software shares and reinforcing fears that not all tech giants will benefit equally from the AI wave. Meanwhile, geopolitical tensions—including renewed U.S.–Iran nuclea...
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US Futures Edge Higher Ahead of Key Economic Signals

US stock futures are pointing to a slightly higher open today as Wall Street gears up for a week full of crucial economic data signals. Here’s what investors need to know:

  • Futures Performance:

    • Futures tied to the S&P 500 (ES=F) and the tech-heavy Nasdaq (NQ=F) both rose around 0.3%.
    • Dow Jones Industrial Average futures (YM=F) were up about 0.2%.

  • Market Volatility:

    • Last week was a rollercoaster ride for markets, leaving investors “on edge.”
    • Despite ending practically where they started, major indexes experienced significant volatility throughout the week.

  • Upcoming Data:

    • Wednesday: The Consumer Price Index (CPI) will provide fresh insights into inflation.
    • Thursday:
      • July’s retail sales data will offer a glimpse into the state of the US consumer.
      • Walmart (WMT) earnings will also be closely watched.

  • Fed Rate Cut Expectations:

    • Markets are interpreting good news as a positive sign, but volatility may hinge on the data signals.
    • The slowing economy has shifted the debate from whether the Federal Reserve should cut interest rates in September to how much they should cut.
    • Traders expect a 25-basis-point cut next month, while some anticipate a larger 50-basis-point cut.


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