US stock futures rose on Wednesday as investors focused on Nvidia’s upcoming earnings report, set to be released after the market closes.
Futures linked to the S&P 500 (ES=F) increased by 0.3%, Nasdaq (NQ=F) futures climbed 0.4%, and Dow (YM=F) futures gained 0.2%.
Nvidia’s Earnings Report in Focus
Nvidia (NVDA) is expected to release its highly anticipated fourth-quarter earnings report later today. Investors are particularly eager to learn how much revenue the company has generated from its Blackwell line of chips, which have been a significant area of focus.
Despite the anticipation, Nvidia’s stock experienced a 2.8% decline on Tuesday. However, it saw a 1.2% recovery in aftermarket trading, indicating some investor optimism ahead of the earnings announcement.
Market Sentiment Amid Tariff Concerns
Traders have also expressed concern over how President Donald Trump’s tariff threats and export controls could affect Nvidia’s performance. In particular, there is uncertainty about how potential tariffs could impact the tech giant’s global supply chain and revenue growth.
Super Micro Computer Inc. Sees Stock Surge
In other news, Super Micro Computer Inc. (SMCI) saw its stock soar after the company met a Nasdaq deadline to submit delayed regulatory filings. This move helped the company avoid being delisted, which had been a major concern for investors.
Tariff Plans Continue to Unfold
The Trump administration’s tariff plans continue to develop, with President Trump directing the US to study the possibility of imposing tariffs on copper. This decision adds to the ongoing market uncertainty regarding trade policies and their potential impact on global markets.
Earnings Reports to Watch
Several major companies are set to release their earnings reports on Wednesday, including Stellantis (STLA), Lowe’s (LOW), and Salesforce (CRM). Investors will be paying close attention to these reports to gauge the health of different sectors in the economy.
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