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Futures Steady as Tech Selloff Eases; Amazon Drops on AI Spending Surge

U.S. stock futures held steady in early premarket trading after a sharp tech-led decline earlier in the week, giving investors a moment to reassess the sector’s rapid pullback. Major index futures hovered near flat, suggesting a more measured tone after days of volatility. While sentiment remains cautious, some traders appear to be stepping back in following the recent selloff in high‑growth names. Amazon shares slipped in premarket action after the company signaled a significant increase in capital expenditures tied to artificial intelligence infrastructure. The planned investment highlights Amazon’s push to expand its AI capabilities, but the scale of spending raised concerns about near‑term pressure on margins. Market attention now turns to upcoming economic data and corporate earnings, which could help determine whether tech stocks regain momentum or continue to face headwinds. For the moment, futures point to a steadier start as investors look for the next catalyst.
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Wall Street Awaits Key Nvidia Earnings and Inflation Data

 

Wall Street remained relatively quiet today as investors eagerly anticipate Nvidia’s upcoming earnings report and the latest inflation data from the government. Futures for the S&P 500 edged up slightly by less than 0.1%, while the Dow Jones Industrial Average remained nearly unchanged after setting an all-time high the previous day.

The focus is on Nvidia, a key player in the artificial intelligence sector, which is expected to report significant earnings growth. Analysts predict Nvidia will announce earnings of 64 cents per share, a remarkable 156% increase from the same period last year, with revenue projected at $28.6 billion, up 110% year-over-year.

In addition to Nvidia’s results, investors are closely watching the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The combination of corporate earnings and economic indicators is likely to set the tone for the markets in the coming days.

Stay tuned for updates as these critical reports are released.


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