Stock Futures Flat as Nvidia Earnings Fail to Impress
Stock futures are muted and largely flat this morning. Despite one of the week's most anticipated corporate catalysts, Nvidia's results, the market's tepid reaction suggests that confidence in the broader AI narrative remains far from unanimous.Mixed results from other major technology and software companies added complexity to the dashboard as weak guidance from some key SaaS names pulled back parts of the sector and weighs on overall sentiment.Crude prices have declined more than 1% after a significant surge in U.S. crude inventories and amid ongoing U.S.-Iran nuclear talks, reducing geopolitical risk premiums that had buoyed energy markets earlier in the week. Lower oil has acted as a drag on energy-linked sectors, even as geopolitical negotiations continue to be monitored closely by traders.In pre-market trading, S&P 500 futures rose 0.10%, Nasdaq futures rose 0.05% and Dow futures rose 0.24%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -Nvidiaup 1%Celsiusup 14%Shake Shackup 8%J.M. Smuckerup 7%Frontdoorup 6%Snowflakeup 1%DOWN AFTER EARNINGS -Trade Deskdown 14%Shift4 Paymentsdown 9%Nexstardown 4%Zoom Communicationsdown 4%Salesforcedown 1%
